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Case Title:

Nanotechnology: New Vistas for US

Publication Year : 2004

Authors: D Gayatri, T Phani Madhav

Industry: Engineering, Electrical and Electronics

Region:USA

Case Code: IPD0004

Teaching Note: Not Available

Structured Assignment: Not Available

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Abstract:
Nanotechnology, the science of small things, seems to have arrived to rule the world in a big way. It all started with Richard Feynman's thought of writing an encyclopaedia on a pinhead. The researchers are now aiming for something big: space elevators, nanorobs that can build copies of themselves, nanobots that can be swallowed to cure cancer and solar cells for using inexpensive energy. Nanoproducts, which are expected to create a $1 trillion market by 2015, is being hailed as the next industrial revolution.

Pedagogical Objectives:

  • To understand the role of clusters in research and development of new technology and how the US is developing nanohubs
  • To discuss the importance of venture capitalists and academia in the successful implementation of research and the benefits of successful development of this new technology to the US economy.

Keywords : Nanotechnology applications; National Science Foundation; National nanotechnology initiative; Innovation Management Case Study; Richard Feynman; Rice University; Zyvex; Nanohubs in US; Nanodefend and nanogreen; Venture capital; Government support; Lux Capital; NanoBusinessAlliance; Nanotechnology and government's role

Contents:

  • Introduction
  • Background
  • Emerging Nano-Hubs and Government's Role
  • Venture Capital
  • Nanotechnology- Is the Dream Big?

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