Nanotech commercialization could suffer
5 December 2007Second annual conference on Nanopolicy sponsored by the Centre on Nanotechnology & Soceity was held in Washington DC on November 30 and it highlighted the lack of information and clarities that could hamper the full swing commercialization of Nanotechnology. There was a consensus among various participants and penalists and all argued that the Federal Government should take more steps to coordinate between various agencies and to ensure that the fund is timely provided.
Various authors and penalists also argued that the nanotech industry is still lacking information about the conditions required to label a product as nanotech. Members at the nanotechnology panel emphasised on various parameters such as morphology, surface area, solubility, particle size and composition of nanoparticles and all these parameters should be considered for labelling a material as nanotech.
As around 70% of nanotechnology at lab scale did not reach the marketplace so there is a need to look into the various factors so that the technology commercialization is increased. The other hindrance factors to the commercialization includes the deficiency in Federal regulation and insufficient federal oversight.
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