Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Government Funding Of Nanotech Witnesses Shift In Priorities And Leaders

Abstract:
The nanotechnology funding landscape has changed dramatically with new players such as Russia and China committing larger amounts to research than the US.

Government Funding Of Nanotech Witnesses Shift In Priorities And Leaders

London, UK | Posted on April 30th, 2009

With over $40 billion in government funds having been poured into nanotechnology research worldwide over the last five years, countries are now emphasizing the importance of application-driven research in this emerging field while a shakeup is occurring among the leading nations in nanotech spending, according to a new white paper from London-based Cientifica.

Cientifica Ltd, a consulting firm in emerging technologies, in its yearly analysis of government funding figures is reporting in a free white paper "Nanotechnology Takes a Deep breath, and Prepares to Save the World!" that governments will be spending nearly $10 billion on nanotechnology research in 2009, but despite this huge figure government spending has begun to slow down. Spending will only grow by 9.3% from 2008-2012 compared with the 130% increase witnessed from 2004-2008.

With this slowdown, governments are urging more emphasis on application-driven research that will help individual countries meet their particular grand challenges whether it is energy independence or clean drinking water.

Cientifica's research has also reveals that the long-time leaders of nanotechnology funding, the United States and Japan, have now fallen to third and fourth behind the EU and Russia, with the US being tied with China for third.

Cientifica CEO, Tim Harper commented " with over ten years of research funding under its belt, nanotechnologies are finally becoming mature enough for mainstream applications."

####

For more information, please click here

Contacts:
Tim Harper
Cientifica Ltd
+44 7894 708989

Copyright © PRWeb™

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Oxford Instruments announces Dr Brad Ramshaw of Cornell University, as winner of the 2017 Lee Osheroff Richardson Science Prize February 20th, 2017

Nominations Invited for $250,000 Kabiller Prize in Nanoscience: Major international prize recognizes a visionary nanotechnology researcher February 20th, 2017

Breakthrough with a chain of gold atoms: In the field of nanoscience, an international team of physicists with participants from Konstanz has achieved a breakthrough in understanding heat transport February 20th, 2017

'Lossless' metamaterial could boost efficiency of lasers and other light-based devices February 20th, 2017

Govt.-Legislation/Regulation/Funding/Policy

'Lossless' metamaterial could boost efficiency of lasers and other light-based devices February 20th, 2017

Engineers shrink microscope to dime-sized device February 17th, 2017

Francis Alexander Named Deputy Director of Brookhaven Lab's Computational Science Initiative February 16th, 2017

Good vibrations help reveal molecular details: Rice University scientists combine disciplines to pinpoint small structures in unlabeled molecules February 15th, 2017

Announcements

Oxford Instruments announces Dr Brad Ramshaw of Cornell University, as winner of the 2017 Lee Osheroff Richardson Science Prize February 20th, 2017

Nominations Invited for $250,000 Kabiller Prize in Nanoscience: Major international prize recognizes a visionary nanotechnology researcher February 20th, 2017

Breakthrough with a chain of gold atoms: In the field of nanoscience, an international team of physicists with participants from Konstanz has achieved a breakthrough in understanding heat transport February 20th, 2017

'Lossless' metamaterial could boost efficiency of lasers and other light-based devices February 20th, 2017

Interviews/Book Reviews/Essays/Reports/Podcasts/Journals/White papers

Breakthrough with a chain of gold atoms: In the field of nanoscience, an international team of physicists with participants from Konstanz has achieved a breakthrough in understanding heat transport February 20th, 2017

'Lossless' metamaterial could boost efficiency of lasers and other light-based devices February 20th, 2017

Particles from outer space are wreaking low-grade havoc on personal electronics February 19th, 2017

Liquid metal nano printing set to revolutionize electronics: Creating integrated circuits just atoms thick February 18th, 2017

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project