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

Enhancing the sensing capabilities of diamonds with quantum properties: A simple method can give diamonds the special properties needed for quantum applications such as sensing magnetic fields September 24th, 2017

Quantum twisted Loong confirms the physical reality of wavefunctions September 23rd, 2017

Application of air-sensitive semiconductors in nanoelectronics: 2-D semiconductor gallium selenide in encapsulated nanoelectronic devices September 22nd, 2017

Researchers set time limit for ultrafast perovskite solar cells September 22nd, 2017

Govt.-Legislation/Regulation/Funding/Policy

Quantum twisted Loong confirms the physical reality of wavefunctions September 23rd, 2017

DNA triggers shape-shifting in hydrogels, opening a new way to make 'soft robots' September 21st, 2017

Copper catalyst yields high efficiency CO2-to-fuels conversion: Berkeley Lab scientists discover critical role of nanoparticle transformation September 20th, 2017

Solar-to-fuel system recycles CO2 to make ethanol and ethylene: Berkeley Lab advance is first demonstration of efficient, light-powered production of fuel via artificial photosynthesis September 19th, 2017

Announcements

Enhancing the sensing capabilities of diamonds with quantum properties: A simple method can give diamonds the special properties needed for quantum applications such as sensing magnetic fields September 24th, 2017

Quantum twisted Loong confirms the physical reality of wavefunctions September 23rd, 2017

Application of air-sensitive semiconductors in nanoelectronics: 2-D semiconductor gallium selenide in encapsulated nanoelectronic devices September 22nd, 2017

Researchers set time limit for ultrafast perovskite solar cells September 22nd, 2017

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

Enhancing the sensing capabilities of diamonds with quantum properties: A simple method can give diamonds the special properties needed for quantum applications such as sensing magnetic fields September 24th, 2017

Quantum twisted Loong confirms the physical reality of wavefunctions September 23rd, 2017

Application of air-sensitive semiconductors in nanoelectronics: 2-D semiconductor gallium selenide in encapsulated nanoelectronic devices September 22nd, 2017

Researchers set time limit for ultrafast perovskite solar cells September 22nd, 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