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Home > News > Nanotechnology In Global Security And Economics

May 2nd, 2006

Nanotechnology In Global Security And Economics

As with biotechnology, there is a global race to develop nanotechnology, the science of the very small. Nanotech is estimated to be a $1-trillion industry within five to 10 years, compared to biotechs current worldwide revenue of $55 billion. Given national security concerns, including terrorism, and a still-jittery domestic and global economy, its no wonder that policymakers are worried about competitive disadvantages, economically and militarily, if their nations lag behind.


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