Digital Frontiers

Business Strategies for a New World

pgmpg1In today’s world, size does matter… the smaller the better.  This revolutionary change is seen all over in today’s must-have products such as the Mac Book Air, the world’s thinnest 8-megapixel digital camera, the iPhone, etc.

Imagine the size of a human hair.  Now imagine something that is 100,000 times smaller than the width of a human hair.  This is the size of a nanometer and the world of nanotechnology operates on things that are between 1 and 100 nanometers.

Nanotechnology is generally associated with computers, but the field of nanotechnology expands to many other industries such as agriculture, medical, and many other industries.  Perhaps one day nanotechnology can be used to develop a product to confront issues such as sustainability, life-threatening diseases, and many other issues that plague our world today.

In fact, according to The Project on Emerging Nanotechnologies at the Woodrow Wilson International Center for Scholars “The National Science Foundation predicts that the global marketplace for goods and services using nanotechnologies will grow to $1 trillion by 2015. The U.S. invests approximately $3 billion annually in nanotechnology research and development, which accounts for approximately one-third of the total public and private sector investments worldwide.”

If the the U.S. is willing to invest so much in this new field, why shouldn’t we consider it?

For updates on the newest and groundbreaking products in nanotechnology, visit Nanotechnology.com for their NanoWeek eDigest.

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