nanotechnology as modern history’s “sixth revolutionary technology,” following the industrial revolution in the mid-1700s, nuclear energy revolution in the 1940s, green revolution in the 1960s, information technology revolution in the 1980s, and biotechnology revolution in the 1990s.
As nanotechnology gains momentum and starts to touch many facets of our lives, countries around the globe are investing in this technology which has relatively low barriers to entry. The promise of nanotechnology is being realized by the many companies who want to be gain a share of the market for nanotech-based products, which Global Industry Analysts estimates will be $3.3 trillion by 2018.