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Home > News > A big race for tiny research at North Texas universities

November 29th, 2009

A big race for tiny research at North Texas universities

Abstract:
Executives and researchers at some of the region's private companies and at UT-Arlington, the University of Texas at Dallas and the University of North Texas in Denton are determined to make North Texas a major player in this field. To do that, the region must establish itself against leading nanotechnology research institutes, such as Rice University in Houston, and technological titans, such as those in Silicon Valley in California and the greater Boston area, experts say. At stake are billions of federal and investment dollars. China, Japan, Germany and Russia are also in the nanotechnology race.

According to Lux Research, nanotech funding totaled $18.2 billion in 2008, as government spending ballooned to $8.4 billion, corporate funding edged to $8.6 billion, and venture capitalists provided $1.2 billion.

To explain the potential of the science, TechAmerica Texas Executive Director Jeff Clark recalls a scene in the 1967 film The Graduate when a man advises Dustin Hoffman, the movie's star, that the future is in plastics.

"Nano is the plastics of our generation," said Clark, whose group represents high-tech industries. "Plastics completely revolutionized everything we do, everything we use. Nano is going to be revolutionary on an even larger scale."

Source:
star-telegram.com

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