Nanotechnology can be viewed as a powerful tool, capable of shaping the chemistry of atoms and molecules, converting them into exciting nanosized and nanostructured materials, devices and machines. However, in pursuing this task, an exceptional ability is required to deal with complex inter- and multidisciplinary approaches, as imposed by the nanoscale. A new research organization framework, capable of promoting cooperative interactions in many complementary areas, including the industries, is demanded. In this sense, an interesting example are the nanotechnology networks and millenium institutes recently created in Brazil. The highlights and weakness of such cooperative research networks are discussed, in addition to relevant nanotechnology themes focusing on the special needs and resources from the developing nations.