Japan, Germany, S. Korea commercialize nanotech better than U.S.

Nanodot normally focuses on longer-term nanotechnologies such as molecular manufacturing, but we do like to keep an eye on how different countries compare to each other in nanotech and technology in general. Below is an excerpt from a recent Lux Research announcement; you can read the full PDF here:

U.S. Risks Losing Global Leadership in Nanotech

While the U.S. still leads the world in nanotech innovation by virtue of its size, Japan, Germany and South Korea are doing a better job of bringing technology to market, says Lux Research.

In terms of sheer volume, the U.S. dominated the rest of the world in nanotech funding and new patents last year, as U.S. government funding, corporate spending, and VC investment in nanotech collectively reached $6.4 billion in 2009. But according to a new report from Lux Research, countries such as China and Russia launched new challenges to U.S. dominance in 2009, while smaller players such as Japan, Germany and South Korea surpassed the United States in terms of commercializing nanotechnology and products.

Now, I don’t know why this may be the case, but speaking as someone running a small nonprofit in the U.S., the paperwork alone is a huge burden, and I know it’s worse in the case of for-profit companies and larger organizations.  —Chris Peterson

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