“Nanotechnology is the basis for many products that are in common use and is providing the capability to produce a very wide range of new products that will become commonplace in the near future. The UK, like many other countries, has invested heavily in nanotechnology and has considered, through a series of reports and Government responses, how to manage and fund nanotechnology developments. At the third meeting of the Ministerial Group on Nanotechnology it was agreed that a nanotechnology strategy should be developed for the UK…The projection is that in 2014, $2.6 trillion in manufactured goods will incorporate nanotechnology. Even if this is an over-estimate, it is clear that there is a vast market available for nanotechnology based products. It is extremely important to the UK economy that UK companies engaged in nanotechnology participate at each stage of the supply chain.”
“Nanotechnology is defined by The British Standards Institution (BSI) as the: Design, characterisation, production and application of structures, devices and systems by controlling shape and size in the nanoscale, which covers the size range from approximately 1nm to 100nm.
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