Abstract
Nanotechnology refers to technology done at nanoscale that has applications in the real world. Unique physical and chemical properties of nanomaterials can be exploited for applications that benefit society. Nanotechnology represents a “megatrend” and has become a “general purpose” technology. An executive action of 2000, the National Nanotechnology Initiative was formalized with the twenty-first Century Nanotechnology Research and Development Act in 2003. Through FY 2015 in the United States, federal R&D investment has been about $20 billion, with annual investment in FY 2015 of about $1.5B, and more than double that by the private sector. The revenues from nano-enabled products continue growing, with over $200B in FY 2012 in the U.S. alone, and over $700B worldwide. This represents an impressive return on investment. Research on potential safety issues of nanotechnology, development of workforce, and education and curriculum should be continued.
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Bhushan, B. (2016). Introduction to Nanotechnology: History, Status, and Importance of Nanoscience and Nanotechnology Education. In: Winkelmann, K., Bhushan, B. (eds) Global Perspectives of Nanoscience and Engineering Education. Science Policy Reports. Springer, Cham. https://doi.org/10.1007/978-3-319-31833-2_1
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