Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > The President's Council of Advisors on Science and Technology (PCAST) Releases Nanotechnology Report

Abstract:
INDEPENDENT REVIEW FINDS FEDERAL NANOTECHNOLOGY INITIATIVE HIGHLY EFFECTIVE; RECOMMENDS CHANGES TO ASSURE ONGOING U.S. DOMINANCE

Report Calls for Greater Emphasis on Commercialization, Strategic Coordination of Health and Safety Research

The President's Council of Advisors on Science and Technology (PCAST) Releases Nanotechnology Report

Washington, DC | Posted on March 26th, 2010

The Federal government's ten-year-old program for nurturing and coordinating the young science of nanotechnology—the engineering of materials at vanishingly small scales—has been highly successful and has helped to make the United States the world's leader in this increasingly valuable manufacturing sector, concludes an independent report prepared for the President and Congress. But that leadership position is threatened by several aggressively investing competitors such as China, South Korea, and the European Union, according to the report, which recommends a number of changes in the Federal oversight program in order to assure U.S. dominance in the decade ahead.

The report—released by the President's Council of Advisors on Science and Technology, a group of 21 experts from across the country—is the third in a decade-long series of assessments of the National Nanotechnology Initiative (NNI), which coordinates Federal research and development activities involving the manipulation of matter at scales smaller than 100 billionths of meter. At such small scales, ordinary materials exhibit extraordinary properties that can be invaluable in a range of applications including electronics, computing, energy and fuels, medicine, and national defense. The report concludes that the NNI— which provided $12 billion in investments by 25 Federal agencies over the past decade—has had a "catalytic and substantial impact" on the growth of U.S. nanotechnology innovation and should be continued.

However, the report warns, the United States stands to surrender its global lead in nanotechnology if it does not address some pressing needs. Key among those is a need to increase investments in product commercialization and technology transfer to help ensure that new nanotech methods and products make it to the marketplace, and the need to strengthen NNI commitments to explore in a more orderly fashion environmental, health, and safety issues.

"It is important not only to continue increasing the Federal investment in environmental, health, and safety research but to do so in a coordinated way so the most important questions are answered first," said Ed Penhoet, co-chair of PCAST's National Nanotechnology Initiative Working Group. That approach will ensure safety, bolster public confidence, and provide a clear path to market for new companies and their products."

The report calls for a strengthening of the National Nanotechnology Coordinating Office—which oversees the strategic implementation of the NNI—to achieve these two objectives and to make other improvements in the initiative's effectiveness. It also recommends increased Federal support for "signature initiatives" that harness nanotechnology to address specific grand challenges, such as the need to develop novel materials that can capture solar energy more efficiently. And it calls upon the Federal government to address the steady loss of U.S.-trained foreign national scientists and engineers to their home countries.

Importantly, the report also finds that the metrics commonly used to estimate the economic benefits of nanotechnology, including product value, jobs created, and other parameters, are far less well validated than is often acknowledged. It calls for a major effort by the NNI to develop reliable economic metrics, to better assess the net benefits of the national investment in this field and to pinpoint specific areas worthy of targeted support.

"Our early investments in nanotechnology have brought us to the point where the science is being translated into important new products in health, electronics, energy, defense and other fields," said Working Group co-chair Maxine Savitz. "Going forward we need to place even more emphasis on the commercialization of the technology—through, for example, strategic funding of nanomanufacturing—supported by improved measures of the true value-added that nano products can bring to our economy."

PCAST members presented a penultimate draft of the report to President Obama in an hour-long meeting at the White House on March 12 after a public meeting in which the Council approved the report pending final revisions.

Among the report's primary findings:

• The United States invests more money in nanotechnology R&D than any other country—a total of $5.7 billion in 2008—but other nations are closing the gap.
• Corporate R&D and venture capital investments exceed those of the Federal government, but the development path is challenging and more government support is needed to help bring nascent advances to fruition in the marketplace.
• U.S. government investments in nanotechnology R&D were overtaken by the European Union in 2005 and by Asia in 2008 (Primarily Japan, China and South Korea).
• From 2003 to 2008, U.S. public and private investments in nanotechnology grew at 18 percent annually, as compared to 27 percent annually in the world overall.
• U.S. leadership in nanotechnology is at risk as assessed, for example, by the number of scientific publications per year, which has declined slightly while the number from the European Union and particularly China has climbed—although U.S. research is still more likely to appear in high-quality publications, as assessed by citation indices.
• The United States is the world leader by a large margin in the absolute number of nanotechnology patents issued, but in recent years China has surpassed the U.S. in the number of patents applied for, suggesting U.S. patent dominance may be at risk.
• The United States produced a reported $11 billion worth of nanotech components for use in commercial products out of a reported worldwide total of $29 billion in sales. But such estimates have significant margins of error and there is a great need for better metrics of nanotechnology's economic value and commercial potential.

Among the report's primary recommendations:

• Increase the focus of NNI programs on commercialization of products and increase NNI's investment in nanomanufacturing by 100 percent over the next five years.
• Better coordinate and rationalize the Nation's approach to identifying any environmental and health risks that may plausibly be associated with nanotechnology and develop a coordinated strategic research plan to fill knowledge gaps and decision-making needs of government and industry.
• Strengthen the National Nanotechnology Coordinating Office—which is central to the NNI's interagency planning, budgeting, and educational outreach activities and which serves as liaison to academia, industry, and professional societies—in part by increasing its agency-contributed budget to about $5 million from the current $3 million.
• Congress and the Administration need to take steps to retain scientific and engineering talent trained in the United States by developing a program to provide Permanent Resident Cards for foreign individuals who receive an advanced degree in science or engineering at a U.S. accredited institution and for whom proof of permanent employment in that scientific or engineering discipline exists.

To read the full report, please go to: www.whitehouse.gov/ostp/pcast

####

About PCAST
OSTP was created by Congress in 1976 to serve as a source of scientific and technological analysis and judgment for the President with respect to major policies, plans, and programs of the federal government. Specifically, OSTP is authorized to:
• Advise the President and others within the Executive Office of the President on the impacts of science and technology on domestic and international affairs
• Lead interagency efforts to develop and implement sound science and technology policies and budgets
• Work with the private sector to ensure that federal investments in science and technology contribute to economic prosperity, environmental quality, and national security
• Build strong partnerships among the federal government; state and local governments; other countries; and the scientific community
• Evaluate the scale, quality, and effectiveness of the federal effort in science and technology.

For more information about OSTP, visit www.whitehouse.gov/ostp

For more information, please click here

Contacts:
Rick Weiss
202 456-6037

Copyright © PCAST

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

University of Akron researchers find thin layers of water can become ice-like at room temperature: Results could lead to an assortment of anti-friction solutions August 30th, 2016

Nanocatalysis for organic chemistry: This research article by Dr. Qien Xu et al. is published in Current Organic Chemistry, Volume 20, Issue 19, 2016 August 30th, 2016

Continuous roll-process technology for transferring and packaging flexible LSI August 29th, 2016

Meteorite impact on a nano scale August 29th, 2016

Jobs

Leading Advanced Materials Manufacturer Pixelligent Closes $10.4 Million in Funding: Capital Will Boost Capacity for North American Manufacturing, Drive Asian Expansion, and Continue Innovation in Solid State Lighting and OLED Display Applications August 16th, 2016

SUNY Poly Welcomes DPS as the Global Engineering Firm Opens Its U.S. Advanced Technology Group Headquarters at Cutting-Edge ZEN Building November 20th, 2015

SUNY Poly CNSE Announces Milestone as M+W Group Opens U.S. Headquarters at Albany Nanotech Complex and Research Alliance Begins $105M Solar Power Initiative October 20th, 2015

Global Engineering Firm DPS to Establish U.S. Advanced Technology Group Headquarters at SUNY Poly CNSE and Create 56 New Jobs Under STARTUP-NY Initiative October 6th, 2015

Preparing for Nano

Searching for a nanotech self-organizing principle May 1st, 2016

Nanotechnology is changing everything from medicine to self-healing buildings: Nanotechnology is so small it's measured in billionths of metres, and it is revolutionising every aspect of our lives April 2nd, 2016

Durnham University's DEEPEN project comes to a close September 26th, 2012

Technical Seminar at ANFoS 2012 August 22nd, 2012

Products

Oxford Nanoimaging to provide desktop super-resolution microscopes May 10th, 2016

Abalonyx launches Reduced Graphene Oxide Product: Abalonyx has successfully scaled up production of thermally reduced graphene oxide (rGO) in its Tofte, Norway, production facility. This product is now offered to customers in Kg-quantities May 10th, 2016

New Generation of Graphene Reinforced Carbon Fibre Prepreg Products March 14th, 2016

New Generation of Graphene Reinforced Carbon Fibre Prepreg Products March 10th, 2016

Govt.-Legislation/Regulation/Funding/Policy

Analog DNA circuit does math in a test tube: DNA computers could one day be programmed to diagnose and treat disease August 25th, 2016

New approach to determining how atoms are arranged in materials August 25th, 2016

Johns Hopkins scientists track metabolic pathways to find drug combination for pancreatic cancer August 25th, 2016

New electrical energy storage material shows its power: Nanomaterial combines attributes of both batteries and supercapacitors August 25th, 2016

Investments/IPO's/Splits

Industrial Nanotech, Inc. Provides Shareholder Update August 22nd, 2016

Carbodeon Ltd Oy Closes EUR 1.5 million Funding Round From Straightforward Capital: Carbodeon will accelerate its nanodiamonds business and expand manufacturing capacity August 21st, 2016

Leading Advanced Materials Manufacturer Pixelligent Closes $10.4 Million in Funding: Capital Will Boost Capacity for North American Manufacturing, Drive Asian Expansion, and Continue Innovation in Solid State Lighting and OLED Display Applications August 16th, 2016

Harris & Harris Group to Host a Shareholder Update Call, Including a Presentation by One of Its Precision Health and Medicine Portfolio Companies, Muses Labs, Inc., on August 23, 2016 August 16th, 2016

Chip Technology

Continuous roll-process technology for transferring and packaging flexible LSI August 29th, 2016

A nanoscale wireless communication system via plasmonic antennas: Greater control affords 'in-plane' transmission of waves at or near visible light August 27th, 2016

A promising route to the scalable production of highly crystalline graphene films August 26th, 2016

Analog DNA circuit does math in a test tube: DNA computers could one day be programmed to diagnose and treat disease August 25th, 2016

Nanomedicine

Designing ultrasound tools with Lego-like proteins August 29th, 2016

Nanofiber scaffolds demonstrate new features in the behavior of stem and cancer cells August 25th, 2016

Johns Hopkins scientists track metabolic pathways to find drug combination for pancreatic cancer August 25th, 2016

50 years after the release of the film 'Fantastic Voyage,' science upstages fiction: Science upstages fiction with nanorobotic agents designed to travel in the human body to treat cancer August 25th, 2016

Announcements

University of Akron researchers find thin layers of water can become ice-like at room temperature: Results could lead to an assortment of anti-friction solutions August 30th, 2016

Nanocatalysis for organic chemistry: This research article by Dr. Qien Xu et al. is published in Current Organic Chemistry, Volume 20, Issue 19, 2016 August 30th, 2016

Continuous roll-process technology for transferring and packaging flexible LSI August 29th, 2016

Meteorite impact on a nano scale August 29th, 2016

Patents/IP/Tech Transfer/Licensing

Industrial Nanotech, Inc. Provides Shareholder Update August 22nd, 2016

Starpharma initiates new DEP™ drug delivery program with AstraZeneca July 27th, 2016

Integration of novel materials with silicon chips makes new 'smart' devices possible July 25th, 2016

Research team led by NUS scientists develop plastic flexible magnetic memory device: Novel technique to implant high-performance magnetic memory chip on a flexible plastic surface without compromising performance July 21st, 2016

Environment

Nanofur for oil spill cleanup: Materials researchers learn from aquatic ferns: Hairy plant leaves are highly oil-absorbing / publication in bioinspiration & biomimetics / video on absorption capacity August 25th, 2016

Researchers watch catalysts at work August 19th, 2016

Down to the wire: ONR researchers and new bacteria August 18th, 2016

SLAC, Stanford gadget grabs more solar energy to disinfect water faster: Plopped into water, a tiny device triggers the formation of chemicals that kill microbes in minutes August 15th, 2016

Energy

New electrical energy storage material shows its power: Nanomaterial combines attributes of both batteries and supercapacitors August 25th, 2016

Lehigh engineer discovers a high-speed nano-avalanche: New findings published in the Journal of Electrochemical Society about the process involving transformations in glass that occur under intense electrical and thermal conditions could lead the way to more energy-efficient glas August 24th, 2016

New flexible material can make any window 'smart' August 23rd, 2016

Researchers reduce expensive noble metals for fuel cell reactions August 22nd, 2016

Safety-Nanoparticles/Risk management

UK NANOSAFETY GROUP publishes 2nd Edition of guidance to support safe working with nanomaterials May 30th, 2016

PETA science group publishes a review on pulmonary effects of nanomaterials: Archives of Toxicology publishes a review of scientific studies on fibrotic potential of nanomaterials May 26th, 2016

Common nanoparticle has subtle effects on oxidative stress genes May 11th, 2016

Non-animal approach to predict impact of nanomaterials on human lung published Archives of Toxicology publishes workshop recommendations May 2nd, 2016

Nanobiotechnology

Designing ultrasound tools with Lego-like proteins August 29th, 2016

Analog DNA circuit does math in a test tube: DNA computers could one day be programmed to diagnose and treat disease August 25th, 2016

Nanofiber scaffolds demonstrate new features in the behavior of stem and cancer cells August 25th, 2016

Johns Hopkins scientists track metabolic pathways to find drug combination for pancreatic cancer August 25th, 2016

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







Car Brands
Buy website traffic