Several factors contribute to the high cost of nanotechnology R&D:
Specialized Equipment: Advanced microscopes, clean rooms, and fabrication tools are essential for nanotechnology research. These instruments are highly specialized and expensive to acquire and maintain. Interdisciplinary Expertise: Nanotechnology research often requires expertise in multiple fields such as physics, chemistry, biology, and engineering. Hiring and retaining a multidisciplinary team can be costly. Regulatory Compliance: Ensuring that nanomaterials and processes comply with safety and environmental regulations adds to the cost. This includes extensive testing and documentation. Long Development Cycles: The timeline from research to commercialization in nanotechnology can be long, often spanning years or even decades. This extended timeframe requires sustained funding.
