Nanotechnology: Collaboration is the name of the game

Nanotechnology is a field where collaboration of many areas of science, people and institutes is built into the core. Before exploring further into the science of nanotechnology, it would be beneficial to all those who read to explore all the surrounding aspects of nanotechnology. One of the reasons for the buzz around nanotechnology is the 2008 Lux Research forecast of $3.1 trillion market for nanotechnology related industry by 2015. According to those predictions Europe was supposed take the lead while USA and Asia to take second and third places respectively. Due to global economic slowdown and some concerns created around the safety of nanomaterials, this expected market growth never took place. The current assessment is that the nanotechnology will grow to be $49 billion market by 2017. – See more at: http://www.nation.lk/edition/free/item/30669-collaboration-is-the-name-of-the-game.html#sthash.lnqVvsh9.dpuf