Forecasting the development of nanotechnology with the help of science and technology indicators

Abstract

Nanotechnology is supposed to become one of the key enabling technologies of the 21st century. Its economic potential is forecast to be a market of several hundred billion Euros in the next decade. Therefore, nanotechnology has attracted the interest of many industry sectors and many companies redirecting internal activities to prepare themselves for this new challenge. At the same time governmental R&D decision makers all over the world are setting up new nanotechnology-specific research programmes aiming at putting their respective countries in a favourable position for the future. The aim of this paper is to use scientific and technological indicators to make predictions on economic development and to compare the situation in different countries.