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October 30th, 2011
Nurturing Basic Nanotech Research for Others to Enjoy the Fruit
CONTRIBUTOR: Dexter Johnson
It seems the last decade of the US—along with parts of Europe and Asia—pouring money into nanotechnology research, which led to a few fledgling nanotechnology-based businesses, is finally paying off…for Russia.
Russia through its RusNano investment organization is picking up small nanotechnology startups from around the world at attractive prices after countries outside of Russia have invested billions in supporting the basic research that made some of these companies possible.
I think someone should wake up and realize market capital is not being invested in long-term investments like manufacturing goods with nanomaterials and that sovereign capital from countries like Russia--but they are not alone--are making up the difference.
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