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

Cryo-electron microscopy achieves unprecedented resolution using new computational methods March 25th, 2017

Argon is not the 'dope' for metallic hydrogen March 24th, 2017

Promising results obtained with a new electrocatalyst that reduces the need for platinum: Researchers from Aalto University have succeeded in manufacturing electrocatalysts used for storing electric energy with one-hundredth of the amount of platinum that is usually needed March 24th, 2017

Artificial photosynthesis steps into the light: Rice University lab turns transition metals into practical catalyst for solar, other applications March 23rd, 2017

Jobs

Participate in the development of Malaysia’s National Graphene Action Plan 2020 October 10th, 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

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

Preparing for Nano

How nanoscience will improve our health and lives in the coming years: Targeted medicine deliveries and increased energy efficiency are just two of many ways October 26th, 2016

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

Products

STMicroelectronics Peps Up Booming Social-Fitness Scene with Smart Motion Sensors for Better Accuracy, Longer Battery Life, and Faster Time to Market January 2nd, 2017

Cutting-edge nanotechnologies are breaking into industries November 18th, 2016

STMicroelectronics’ Semiconductor Chips Contribute to Connected Toothbrush from Oral-B That Sees What You Don’t: Microcontroller and Accelerometer help brushers clean their teeth more effectively October 4th, 2016

Particle Works launches range of high quality magnetic nanoparticles August 31st, 2016

Govt.-Legislation/Regulation/Funding/Policy

Cryo-electron microscopy achieves unprecedented resolution using new computational methods March 25th, 2017

Argon is not the 'dope' for metallic hydrogen March 24th, 2017

Nanobiotix: The Independent Data Monitoring Committee Recommends the Continuation of the Ongoing Phase II/III Trial of NBTXR3 in Soft Tissue Sarcoma March 23rd, 2017

Rice U. refines filters for greener natural gas: New study defines best materials for carbon capture, methane selectivity March 23rd, 2017

Investments/IPO's/Splits

Harris & Harris Group Issues Its Financial Statements as of December 31, 2016, Posts Its Annual Shareholder Letter, And Will Host a Conference Call for Shareholders on Friday, March 17, 2017 March 15th, 2017

Harris & Harris Group Announces the Filing of Preliminary Proxy Materials Detailing Its Proposed Conversion From a BDC to a Registered Closed-End Fund January 24th, 2017

Harris & Harris Group Issues Reminder for Shareholder Update Call on January 10, 2017 January 10th, 2017

Arrowhead Provides Response to New Minority Shareholder Announcement January 7th, 2017

Chip Technology

Argon is not the 'dope' for metallic hydrogen March 24th, 2017

Scientists discover new 'boat' form of promising semiconductor: GeSe Uncommon form attenuates semiconductor's band gap size March 23rd, 2017

Pulverizing e-waste is green, clean -- and cold: Rice, Indian Institute researchers use cryo-mill to turn circuit boards into separated powders March 21st, 2017

Electro-optical switch transmits data at record-low temperatures: Operating at temperatures near absolute zero, switch could enable significantly faster data processing with lower power consumption March 20th, 2017

Nanomedicine

Cryo-electron microscopy achieves unprecedented resolution using new computational methods March 25th, 2017

Nanobiotix: The Independent Data Monitoring Committee Recommends the Continuation of the Ongoing Phase II/III Trial of NBTXR3 in Soft Tissue Sarcoma March 23rd, 2017

Nanoparticle paves the way for new triple negative breast cancer drug March 20th, 2017

Block copolymer micellization as a protection strategy for DNA origami March 17th, 2017

Announcements

Cryo-electron microscopy achieves unprecedented resolution using new computational methods March 25th, 2017

Argon is not the 'dope' for metallic hydrogen March 24th, 2017

Promising results obtained with a new electrocatalyst that reduces the need for platinum: Researchers from Aalto University have succeeded in manufacturing electrocatalysts used for storing electric energy with one-hundredth of the amount of platinum that is usually needed March 24th, 2017

Artificial photosynthesis steps into the light: Rice University lab turns transition metals into practical catalyst for solar, other applications March 23rd, 2017

Patents/IP/Tech Transfer/Licensing

Harris & Harris Group Issues Its Financial Statements as of December 31, 2016, Posts Its Annual Shareholder Letter, And Will Host a Conference Call for Shareholders on Friday, March 17, 2017 March 15th, 2017

Intertronics introduce new nanoparticle deagglomeration technology March 15th, 2017

Keystone Nano Announces The US FDA Has Awarded Orphan Drug Designation For Ceramides For The Treatment Of Liver Cancer November 8th, 2016

Leti to Tackle Tomorrow's Research Strategies with Stanford University’s SystemX Alliance: French R&D Center Is the First Research Institute to Join the Collaboration and Provides Bridges Between Academia and Industry, Leveraging Alliance’s Potential October 4th, 2016

Environment

Rice U. refines filters for greener natural gas: New study defines best materials for carbon capture, methane selectivity March 23rd, 2017

Pulverizing e-waste is green, clean -- and cold: Rice, Indian Institute researchers use cryo-mill to turn circuit boards into separated powders March 21st, 2017

Nanogate Expands Sustainability Management: Nanogate publishes a statement of compliance with the German Sustainability Code for the first time March 15th, 2017

Optical fingerprint can reveal pollutants in the air: Researchers at Chalmers University of Technology have proposed a new, sophisticated method of detecting molecules with sensors based on ultra-thin nanomaterials March 15th, 2017

Energy

Argon is not the 'dope' for metallic hydrogen March 24th, 2017

Rice U. refines filters for greener natural gas: New study defines best materials for carbon capture, methane selectivity March 23rd, 2017

Artificial photosynthesis steps into the light: Rice University lab turns transition metals into practical catalyst for solar, other applications March 23rd, 2017

Researchers develop groundbreaking process for creating ultra-selective separation membranes: Discovery could greatly improve energy-efficiency of separation and purification processes in the chemical and petrochemical industries March 15th, 2017

Safety-Nanoparticles/Risk management

NIST updates 'sweet' 1950s separation method to clean nanoparticles from organisms January 27th, 2017

Nanoparticle exposure can awaken dormant viruses in the lungs January 17th, 2017

Investigating the impact of natural and manmade nanomaterials on living things: Center for Environmental Implications of Nanotechnology develops tools to assess current and future risk January 9th, 2017

First time physicists observed and quantified tiny nanoparticle crossing lipid membrane November 7th, 2016

Nanobiotechnology

Cryo-electron microscopy achieves unprecedented resolution using new computational methods March 25th, 2017

Nanobiotix: The Independent Data Monitoring Committee Recommends the Continuation of the Ongoing Phase II/III Trial of NBTXR3 in Soft Tissue Sarcoma March 23rd, 2017

Nanoparticle paves the way for new triple negative breast cancer drug March 20th, 2017

Block copolymer micellization as a protection strategy for DNA origami March 17th, 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