Transactional arrangements in the governance of emerging technologies: The case of nanotechnology

Evisa Kica, Ramses A. Wessel

Research output: Chapter in Book/Report/Conference proceedingChapterAcademicpeer-review

1 Citation (Scopus)

Abstract

Nanotechnology, the science of controlling the structure of matter at the nanoscale, is expected to provide the platform and tools for innovative products and applications for consumers while adding value to solutions designed to address a myriad of human and environmental challenges. This has triggered agents within government and industry to invest heavily in nanotechnology research and development programs [1,2]. The results of this investment are steadily coming to fruition, as evidenced by the increasing number of products incorporating nanomaterials making their way into commerce [3]. In 2001 the United States 220(US) National Science Foundation (NSF) predicted that by 2015, the value of products and services that will incorporate nanotechnology will go up to $US1 trillion [4]. There are also reports suggesting that the potential market value for products incorporating nanotechnology (specifically in the semiconductors and electronics sectors) could go up to $US2.6 trillion by 2014, and US$2.8 trillion by 2015 (driven by the expected commercialisation success in the healthcare and electronics sectors) [5,6]. A detailed summary of the published market figures regarding nanotechnology is provided by Malanowski and Zweck [7:1811].

Original languageEnglish
Title of host publicationEmbedding New Technologies into Society
Subtitle of host publicationA Regulatory, Ethical and Societal Perspective
EditorsDiana M. Bowman, Elen Stokes, Arie Rip
PublisherPan Stanford Publishing Pte. Ltd.
Pages219-257
Number of pages39
ISBN (Electronic)9789814745758
ISBN (Print)9789814745741
Publication statusPublished - 1 Sep 2017

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