Nanotechnology is a highly interdisciplinary field, involving physics, chemistry, biology, and engineering. The complexity and scale of research and development (R&D) in nanotechnology often require significant investment in terms of both time and money. Consortia help to:
1. Share Resources: Pooling resources such as state-of-the-art laboratories, advanced equipment, and specialized knowledge. 2. Accelerate Innovation: Collaborative efforts can expedite the development of groundbreaking technologies. 3. Risk Mitigation: Sharing financial and operational risks among multiple stakeholders. 4. Funding Opportunities: Enhanced eligibility for governmental and private funding.
