Transnational Nanotechnology Governance: A Comparison of the US and China View Full Text


Ontology type: schema:Chapter     


Chapter Info

DATE

2009

AUTHORS

Evan S. Michelson , David Rejeski

ABSTRACT

Nanotechnology is expected to become a key, transformative technology of the twenty-first century. Researchers are exploring ways to see and to build at this small scale by re-engineering familiar substances like carbon, silver, and gold to create new materials with novel properties and functions. Nanotechnology applications in areas as diverse as healthcare, energy storage, agriculture, water purification, and security are envisioned, and some experts predict nanotechnology will be as important as the steam engine, the transistor, and the Internet in terms of societal impact (Project on Emerging Nanotechnologies 2006). Not surprisingly, these anticipated developments have encouraged significant investments in nanotechnology research and development (R&D) worldwide, with the United States' National Science Foundation (NSF) estimating that by 2015 nanotechnology will have a $1 trillion impact on the global economy (Roco et al. 2000). Inevitably, the high stakes associated with the political, economic, and societal development of nanotechnology have led it to become an intense field of international competition and cooperation. A survey compiled by the International Risk Governance Council (IRGC) lists nearly 30 countries in the developed and developing world that are conducting nanotechnology R&D (Survey on Nanotechnology Governance: Volume A 2005) and corporations headquartered throughout North America, Europe, and Asia have already begun to commercialize nanotechnology products. Lux Research, in The Nanotech Report: 4th Edition, estimates that “governments worldwide spent $4.6 billion on nanotechnology in 2005” and that “established corporations spent $4.5 billion nanotechnology R&D worldwide” in the same timeframe (Lux Research 2006a). More... »

PAGES

281-299

References to SciGraph publications

Book

TITLE

Nanotechnology & Society

ISBN

978-1-4020-9385-2
978-1-4020-6209-4

Identifiers

URI

http://scigraph.springernature.com/pub.10.1007/978-1-4020-6209-4_15

DOI

http://dx.doi.org/10.1007/978-1-4020-6209-4_15

DIMENSIONS

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