Introduction to Nanotechnology in the Business World
Authors:-Dr. Aarti Sharma
Abstract:- Nanotechnology, defined by its ability to manipulate matter at the nanoscale, has emerged as a transformative force in the global business landscape. This review introduces the foundational principles of nanotechnology and explores its profound implications across diverse industries including healthcare, electronics, energy, and consumer goods. It discusses the commercialization trajectory of nanotech innovations, examining how scientific breakthroughs transition into market-ready solutions. The review highlights the evolving business models shaped by nanoscale technologies, from startups leveraging cutting-edge materials to multinational corporations incorporating nanotechnology into sustainability and digital transformation strategies. Key enablers such as research and development ecosystems, intellectual property management, regulatory frameworks, and public-private collaborations are analyzed to understand how businesses can unlock strategic opportunities. Additionally, the review addresses challenges such as scalability, ethical concerns, and public acceptance, offering a realistic view of the path ahead. By laying the conceptual and practical groundwork, this chapter sets the stage for a comprehensive exploration of nanotechnology’s role in shaping the future of innovation-driven commerce.
