Nanotechnology Now







Heifer International

Wikipedia Affiliate Button


DHgate

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

From brittle to plastic in 1 breath: Rice University theorists show environments can alter 2-D materials' basic properties May 4th, 2015

Nanoparticles in consumer products can significantly alter normal gut microbiome May 4th, 2015

New Nanodrug Produced in Iran from Milk Thistle May 4th, 2015

Antibacterial Ceramic Nanoparticles, Appropriate Material for Medical Devices May 3rd, 2015

Jobs

New ASTM Standards Will Help Educate Present and Future Nanotechnology Workforces April 26th, 2015

SUNY Poly & M+W Make Major Announcement: Major Expansion To Include M+W Owned Gehrlicher Solar America Corporation That Will Create up to 400 Jobs to Develop Solar Power Plants at SUNY Poly Sites Across New York State March 26th, 2015

Is US immigration policy 'STEMming' innovation? Study sheds light on why foreign STEM students stay in US or return home March 11th, 2015

Nanotech Discoveries Move from Lab to Marketplace with Lintec Deal: Licensing Partnership Brings Together University Technology, New Richardson-Based Facility Directed by Alumni February 9th, 2015

Preparing for Nano

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

Technical Seminar at ANFoS 2012 August 22nd, 2012

Nanotechnology shows we can innovate without economic growth April 12th, 2012

Thailand to host NanoThailand 2012 December 18th, 2011

Products

Iran Unveils 6 Knowledge-Based Products April 11th, 2015

Toronto-based Environmental Technology Pioneer Green Earth Nano Science Expands in EU February 6th, 2015

DELSEY by Philippe Starck DELSEY Launches New Collection by Philippe Starck February 4th, 2015

NEI introduces NANOMYTE® SuperAi, a Durable Anti-ice Coating December 4th, 2014

Govt.-Legislation/Regulation/Funding/Policy

From brittle to plastic in 1 breath: Rice University theorists show environments can alter 2-D materials' basic properties May 4th, 2015

ORNL researchers probe chemistry, topography and mechanics with one instrument May 2nd, 2015

Making robots more human April 29th, 2015

Artificial photosynthesis could help make fuels, plastics and medicine April 29th, 2015

Investments/IPO's/Splits

Nanometrics to Present at the B. Riley & Co. 16th Annual Investor Conference May 2nd, 2015

FEI Company: Strong Growth Prospects Remain May 1st, 2015

Arrowhead to Present at Upcoming Conferences April 28th, 2015

Harris & Harris Group Sponsors NYC American Heart Association's Health Sciences Innovation Investment Forum: Co-founder of Harris & Harris Group Portfolio Company TARA Biosystems to Speak About the Value of Tissue Engineering Technology April 21st, 2015

Chip Technology

From brittle to plastic in 1 breath: Rice University theorists show environments can alter 2-D materials' basic properties May 4th, 2015

Nanometrics to Present at the B. Riley & Co. 16th Annual Investor Conference May 2nd, 2015

SUNY Poly and Sematech Announce Air Products Joins Cutting-Edge CMP Center At Albany Nanotech Complex April 28th, 2015

Two-dimensional semiconductor comes clean April 27th, 2015

Nanomedicine

New Nanodrug Produced in Iran from Milk Thistle May 4th, 2015

Antibacterial Ceramic Nanoparticles, Appropriate Material for Medical Devices May 3rd, 2015

Polymeric Nanocarriers Improve Performance of Anticancer Drugs April 30th, 2015

A phone with the ultimate macro feature: New attachment turns a smartphone into a microscope that can image and size DNA molecules 50,000 times thinner than a human hair April 29th, 2015

Announcements

From brittle to plastic in 1 breath: Rice University theorists show environments can alter 2-D materials' basic properties May 4th, 2015

Nanoparticles in consumer products can significantly alter normal gut microbiome May 4th, 2015

New Nanodrug Produced in Iran from Milk Thistle May 4th, 2015

Antibacterial Ceramic Nanoparticles, Appropriate Material for Medical Devices May 3rd, 2015

Patents/IP/Tech Transfer/Licensing

Novel superconducting undulator provides first x-ray light at ANKA May 1st, 2015

Long Island Capital Alliance Announces Participants for Brookhaven National Laboratory Technology Transfer Capital Forum on May 8: Keynote Speaker Dr. Doon Gibbs, Director of Brookhaven National Laboratory April 16th, 2015

MIT sensor detects spoiled meat: Tiny device could be incorporated into 'smart packaging' to improve food safety April 15th, 2015

Heat-Converting Material Patents Licensed April 8th, 2015

Environment

Chemists strike nano-gold: 4 new atomic structures for gold nanoparticle clusters: Research builds upon work by Nobel Prize-winning team from Stanford University April 28th, 2015

Nanoparticles Used to Improve Mechanical, Thermal Properties of Cellulose Fibers April 23rd, 2015

Young NTU Singapore spin-off clinches S$4.3 million joint venture with Chinese commercial giant March 23rd, 2015

New processing technology converts packing peanuts to battery components March 22nd, 2015

Energy

Engineering a better solar cell: UW research pinpoints defects in popular perovskites May 1st, 2015

Artificial photosynthesis could help make fuels, plastics and medicine April 29th, 2015

Unique microscopic images provide new insights into ionic liquids April 28th, 2015

ISDC To Showcase Northrop Grumman/Caltech Push Toward Space Solar Power April 28th, 2015

Safety-Nanoparticles/Risk management

Nanoparticles in consumer products can significantly alter normal gut microbiome May 4th, 2015

MIPT researchers put safety of magic anti-cancer bullet to test April 6th, 2015

NNI Publishes Workshop Report Assessing the Status of EHS Risk Science: Report examines progress three years after the release of the 2011 NNI EHS Research Strategy March 23rd, 2015

Are current water treatment methods sufficient to remove harmful engineered nanoparticle? March 10th, 2015

Nanobiotechnology

Artificial photosynthesis could help make fuels, plastics and medicine April 29th, 2015

A phone with the ultimate macro feature: New attachment turns a smartphone into a microscope that can image and size DNA molecules 50,000 times thinner than a human hair April 29th, 2015

An effective, biodegradable and broad-spectrum nanoparticles as potent antibacterial agents April 28th, 2015

Weighing -- and imaging -- molecules one at a time April 28th, 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