Abstract

This chapter contains an elaborate review of various ideal system models used to improve the characteristics of practical systems, anticipated breakthrough technologies of 21st century, and nanotechnology innovations & business opportunities : a review on how technology has affected society and its surroundings in a number of ways. In many societies, technology has helped to develop more advanced economies (including today's global economy) and has supported the rise of leisure class people. The concept of the ideal engine, ideal switch, ideal semiconductor devices like ideal diodes, transistors, etc. have been defined and taken as standards to improve the quality and performance of such practical devices or systems. It is found that, by keeping such a hypothetical device or systems in mind, researchers have to continuously improve the characteristics/properties of practical devices/systems to upgrade their performances. Hence, ideal properties of a device or a system can be used to upgrade or improve its properties toward reaching 100% efficiency. By comparing the properties/characteristics of a practical device/system with its ideal counterpart, one can find out the possible modifications in that device/system toward reaching the objective of achieving such an ideal device. In this chapter, we have also developed the concept of Ideal technology by creating a model and identified its important characteristics. These characteristics are grouped into four categories namely input conditions, output conditions, system conditions and environmental conditions/social expectations. These characteristics are further discussed, analyzed and compared with present technologies. Based on the discussion, it is realized that many of the characteristics of the ideal technology are achievable through discoveries and innovations in Nanotechnology. Finally, the characteristics of this ideal technology model are compared with nanotechnology developments and the possible way of realizing nanotechnology as ideal technology is discussed. Ideal System, Ideal Technology

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