Abstract
NANOTECHNOLOGY IS AN increasingly hot innovation topic, basing its significance on the foresight that it will fuel countless future advances in materials science, biomedical science, and environmental science [1], [2]. With promises of broad benefits for mankind, nanotech activities are being pursued in many engineering disciplines and branches of industry. Breakthroughs in the area of materials science are emerging with respect to the enhanced control of many physical materials properties. Nanotechnology in biology and medicine is currently at the leading edge of rapid developments in the improvement of technologies for the early detection, diagnosis, control, and treatment of specific diseases. Future progress in developing sustainable and cost-effective technologies for soil, water, and air purification, as well as for renewable energy generation, is also expected to increasingly depend on innovations in the nanotechnology domain. The current economic significance of the nanotech industry and its expected future development are discussed in detail in [3].
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