U.S. nanotechnology risk research funding—separating fact from fiction

April 18, 2008

The most recent estimate from the U.S. National Nanotechnology Initiative (NNI) puts nanotechnology risk research investment at $68 million for 2006 (the only year complete figures are currently available for—apparently).  Yet theProject on Emerging Nanotechnologies (PEN) has just completed its own assessment—and could only find $13 million associated with research projects primarily focused on addressing nanotechnology risk in the same year.  What gives—are the feds indulging in a bit of creative accounting; or have PEN forgotten the basic rules of arithmetic?

Let’s be honest, I’m not a great fan of bean-counting.  Evaluating research in terms of dollars invested (or Pounds or Euros) is a crude tool at the best of times.  But when it comes to assessing investments and returns, the fact is that bottom-line figures count.   Read the rest of this entry »

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