The implementation of innovation and resource allocation with nanotechnology

Abstract

All natural and living systems are governed by atomic and molecular behavior at the nanoscale. Research is now seeking systematic approaches to create revolutionary new products and technologies by control of matter at the same scale. Nanotechnology is expected to have a profound impact on our society. The vision, research and development strategy, and timeline of the nanotechnology initiative are presented by using several recent scientific discoveries, innovations and results from industry. This article demonstrates the implications of innovation for nanotechnology development. To deal with the innovation, a theory of nanotechnology development must come to terms with the developmental, organisational, and strategic dimensions of innovative resource allocation.

Keywords

nanotechnology / innovation / resource allocation / development / organisation strategy / innovation committee

References

[1] Coontz Robert. Special Issue on Nanotechnology. Science, 2000, 290(5496): 1523-1558.

[2] Decher G, Lehr B, Lowack K, . New Nanocomposite Films for Biosensors—Layer—by—Layer Adsorbed Films of Polyelectrolytes. Proteins or DNA [J] Biosens. Bioelectron., 1994, 9(9–10): 677-684.

[3] Freeman C, Soete L.. The, Economics of Industrial Innovation, 1997 3edit Cambridge, Mass: MIT Press.

[4] Lazonick W, O Sullivan M. Organization, finance, and international competition. Industrial and Corporate Change, 1996, 5: 1139-1140.

[5] Teece D, Pisano G, Shuen A. Dynamic Capabilities and Strategic Management. Strategic Management Journal, 1997, 18(7): 524-526.