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

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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  1. Nanoman August 24, 2010 at 7:35 pm - Reply

    Christine and other Foresight members: How can I do more for Foresight? I am already a member, but I would like to know of some good ways that I can help with the task of getting MNT knowledge to the people.

    I love Foresight and I am very thankful for the organization.

  2. RSweeney August 27, 2010 at 3:03 pm - Reply

    ALL productive business will eventually be forced out of America by our new culture of zero risk and legalism.
    Nanotech is no different.

  3. shmoracle September 8, 2010 at 5:13 pm - Reply

    Paperwork, the culture of “zero risk”, the mountains of taxes and legalese, and the unimaginally immense cesspool of propaganda that characterizes america in the short term protects the establishment … but in the long term will destroy the country.

  4. Steven Ziebarth September 14, 2010 at 6:48 am - Reply

    My family and I have been inovators in the field of coatings for over thirty yrs meaning we understand standards and regulations and work hard to meet world standards with programs like ISO.
    As I see the oppurtunities of the future in nano technolgy slipping away from strong companies wanting to develope usable products from many scientist and researchers hard work.
    Because the mound of paper road blocks desire and increases risk that investors and marketors need to see in the costs for building New products and companies in the nano world with time risk profit and safety always being priority.
    Who are the monopolies that are controling oppurtunities in such a big future and science. Good luck to you strivers and survivers. Steven

  5. Norman Clint October 10, 2010 at 12:45 pm - Reply

    It is really surprising to know that we have lost that much of the lead we have on nanotechnology. Are these countries better at innovating technology? We need to get this lead back its not too late.

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