Nanotechnology in the Philippines: Development of framework for technology adoption

Abstract

Groundbreaking advancements have driven significant industries to adopt and take advantage of the key technologies in order to thrive in these adjustments coming from the Fourth Industrial Revolution (FIRe). However, with the threat of the Coronavirus disease 2019 (COVID-19) causing catastrophic setback to the society and economy, scientific endeavors have shifted towards finding a solution to this pandemic. It is high time to evaluate how the current technology from the FIRe can help a country, such as the Philippines, survive such outbreaks and unforeseen circumstances. Advancements in the field of nanotechnology aim to develop smaller and inexpensive testers, and overall newer and more effective medical solutions. However, the extent on how these technologies can be realized depends on the interplay between the country’s policies, and the strong link between industry and academe. This paper raises policy recommendations from synthesizing the trends in nanotechnology and forecasting how it develops so as the country can readily adapt. Moreover, this paper identifies the barriers and constraints, as well as the factors necessary for the technology adoption in the country.