Understanding and predicting material properties at the nanoscale is critical for several reasons:
1. Cost Efficiency: Predicting properties before actual synthesis can save both time and resources. 2. Optimization: It allows for the optimization of materials for specific applications, such as increasing the strength of nanocomposites or enhancing the electrical conductivity of nanowires. 3. Innovation: Facilitates the discovery of new materials with unique properties that do not exist in bulk form.