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May 8th, 2006

Senate subcommittee looks to nano for economic boost

Abstract:
The U.S. Senate Commerce Committee's Subcommittee on Trade, Tourism and Economic Development heard representatives from universities, business and government describe nanotechnology as the frontier of a new global competition at a hearing on Capitol Hill Thursday.

"Nanotechnology has tremendous potential to improve the quality of life for our citizens, create high paying jobs, and increase U.S. global competitiveness," said Sen. Gordon Smith (R-OR), who presided over the hearing. "Unfortunately, the government has not made the economic development aspect of nanotechnology much of a priority. We're going to try to do that."

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