What is the Long-Term Impact of High R&D Costs on Nanotechnology?
While high R&D costs can be a barrier to entry for smaller entities, they also drive innovation and ensure that only well-funded and serious players contribute to the field. This can lead to higher-quality research outcomes and more robust applications of nanotechnology. In the long run, the benefits of breakthroughs in nanotechnology, such as in medicine, electronics, and environmental sustainability, can outweigh the initial high costs, leading to significant societal advancements.
