Nanotechnology Now





Heifer International

Wikipedia Affiliate Button


DHgate

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

GLOBALFOUNDRIES Completes Acquisition of IBM Microelectronics Business: Transaction adds differentiating technologies, world-class technologists, and intellectual property July 1st, 2015

Samsung's New Graphene Technology Will Double Life Of Your Lithium-Ion Battery July 1st, 2015

Measurement of Tiny Amounts of Heavy Metals in Baby Food Samples July 1st, 2015

Oxford Instruments’ TritonXL Cryofree dilution refrigerator selected for the Oxford NQIT Quantum Technology Hub project June 30th, 2015

Govt.-Legislation/Regulation/Funding/Policy

Carnegie Mellon chemists characterize 3-D macroporous hydrogels: Methods will allow researchers to develop new 'smart' materials June 30th, 2015

Graphene flexes its electronic muscles: Rice-led researchers calculate electrical properties of carbon cones, other shapes June 30th, 2015

X-rays and electrons join forces to map catalytic reactions in real-time: New technique combines electron microscopy and synchrotron X-rays to track chemical reactions under real operating conditions June 29th, 2015

Graphene breakthrough as Bosch creates magnetic sensor 100 times more sensitive than silicon equivalent June 28th, 2015

Announcements

GLOBALFOUNDRIES Completes Acquisition of IBM Microelectronics Business: Transaction adds differentiating technologies, world-class technologists, and intellectual property July 1st, 2015

Samsung's New Graphene Technology Will Double Life Of Your Lithium-Ion Battery July 1st, 2015

Measurement of Tiny Amounts of Heavy Metals in Baby Food Samples July 1st, 2015

Oxford Instruments’ TritonXL Cryofree dilution refrigerator selected for the Oxford NQIT Quantum Technology Hub project June 30th, 2015

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

Samsung's New Graphene Technology Will Double Life Of Your Lithium-Ion Battery July 1st, 2015

Measurement of Tiny Amounts of Heavy Metals in Baby Food Samples July 1st, 2015

Carnegie Mellon chemists characterize 3-D macroporous hydrogels: Methods will allow researchers to develop new 'smart' materials June 30th, 2015

Chitosan coated, chemotherapy packed nanoparticles may target cancer stem cells June 30th, 2015

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