...Introduction: Body: Description of the technology and explanation of the associated science (Chris) So what is nanotechnology? Webster dictionary defines nanotechnology as the science of manipulating materials on an atomic or molecular level. Basically nanotechnology is the study and application of matter on the atomic level between 1 and 100 nanometers (nm). A nanometer is one-billionth of a meter. To get an understanding of how small this is, an atom has a diameter of about 0.1nm and the nucleus of an atom is much smaller, about 0.00001nm. Nanotechnology is the science that is used to rearrange molecules on the atomic level so that each atom is essentially put in the most efficient place. This is best clarified by Dr. Ralph Merkle, Ph. D., of the Georgia Institute of Technology in this way: “Manufactured products are made from atoms, and the properties of those products depend on how those atoms are arranged. If we rearrange the atoms in coal, we can make diamond. If we rearrange the atoms in sand and add a few other trace elements, we can make computer chips. If we rearrange the atoms in dirt, water, and air, we can make potatoes” (Ghadar & Spindler). Biologist, chemists, physicists and engineers are involved in studying substances at the nano-scale, thus making nanotechnology an interdisciplinary field of science (Bonsor & Strikland). Scientists are creating new materials by manipulating molecules at the atomic level. Nanosize super particles exhibit...
Words: 1043 - Pages: 5
...You have just witness “bro science” in action. It’s wellintended. It can also be deadly. The difference between 5 grams and 5 micrograms, depending on the substance, can indeed be the difference between life and death. Where should one get such information? From qualified sources, of course. Not from your bro. Want to know about proper dosage? Look in the medical literature and find out what dosages have been shown through experimentation to render the desired effects. Want to know about a proper manufacturing method? Then you need to read technical manuals written by actual engineers. As much as possible, I’ve pointed you to more qualified sources of information than myself throughout this guide. I’ve deliberately left out information about dosages in order to force you to use this as a starting point rather than a definitive resource. At the same time, I’m obviously encouraging DIY experimentation. Allow me to clear up the apparent contradiction. See, I intend for this report to be, among other things, a bit of a shot across the bow of the troubled ship that is the nutritional supplement industry. Here’s a field that can do so much good but that exhibits so little true innovation. When anyone can privatelabel the same substandard supplements everyone else is selling and “win with better marketing,” it doesn’t seem there’s much incentive to raise the bar. The best way to shake up such a market is to educate the buyers. When consumers are aware of...
Words: 9520 - Pages: 39
...Market Analysis The nanotubes market is young and unsaturated. There are currently three major players that are present; Carnot, Nan Teck, and Nanoburger. There are other minor players that are beginning to take hold in the market coming out of the Asia region, however, till now these companies pose no major threat in gaining significant market share in the raw nanotubes business. There are three main products produced by the nanotube producers, these three products are; raw nanotubes, technical liquids that use nanotube dispersions, and fibers containing nanotubes. The raw nanotube is currently the most demanded product. Demand far out-weighs supply in this sector, and none of the competitors currently has the capacity to produce more than one kilo of raw nanotubes per month. It seems that the future of the market will rest on the technology that can be developed from nanotube fibers, however this technology is a minimum of 5 years away from being commercially viable. Success in the nanotubes market relies on building a reputation for producing high quality nanotubes and the ability to build capacity in the near future to meet demand. RPP Analysis In relative performance to the other companies, Carnot produces a nanotube that is of a very high quality, Nan Teck also produces a high quality product and Nanoburger produces a low quality product, however they have the best reputation among the group, which allows them to be the market leader. However, Carnot and Nan...
Words: 921 - Pages: 4
...Prospects Of Market Volumes And Shares Economics Essay Nanotechnology qualifies for having a major impact on the world economy, because nanotechnological applications will be used in virtually all sectors. Scientists, researchers, managers, investors and policy makers worldwide acknowledge this huge potential and have started the nano-race. Prospects of Market Volumes and Shares The NSF [1] estimated a world market for nanotechnological products of $1 trillion for 2015. Depending on the definition of nanotechnology and its contribution to added value of the final products as well as the degree of optimism, many other forecasts vary between moderate $150 bn in 2010 [2] and $2.6 trillion in 2014 [3] . The latter, most optimistic scenario would imply that the market for nanotechnology-based products would be larger than the prospected information and communication technology market and would exceed the future biotech market by ten times. The forecasts differ significantly from each other, but have common thread in that they predict a substantial increase of the market for nanotechnological products with a take off some when in the early 2010s. The figures presented above show the possible direction, but are not adequate for deeper analyses of the development of the nanotechnology market. Lux Research and the NSF have both spent some efforts in breaking the figures down in nanotechnology subfields, the first in an analysis of 5 years in the past (1999-2003), the NSF shows the expected...
Words: 4588 - Pages: 19
...What is nanotechnology? In a recent survey, less than half of UK consumers were successfully able to define the meaning of nanotechnology as a “technology that involves using very small particles”, i.e. controlling matter at an atomic or molecular scale, measured in nanometers. After all, no internationally agreed definition currently exists. It has filled the food industry with big ideas, but confusion and concerns have stalled the process of product development in big food company R&D departments. Therefore, there is still a long way to go before ideas in a lab or turned into commercially viable innovations. Application in the food industry In the food industry, the technology could have a variety of uses including detecting bacteria in packaging, delivering nutrients in small doses, or producing stronger flavors and colorings. In what seems to be a miracle cure to obesity and diabetes, oil droplets containing nano-sized water particles could be used to reduce the fat content of foods such as mayonnaise, cream and chocolate while retaining good sensory properties. There are a myriad of other potential applications in the food sector ranging from emulsions and nano-encapsulations on the formulation side to nano-coatings for processing equipment on the factory floor, which would ease the cleaning burden at food plants. Other interesting applications included nano-sensors that could detect pathogens and nano particles that could purify water in developing countries...
Words: 1912 - Pages: 8
...atomic detail. LINK | The Meaning of Nanotechnology When K. Eric Drexler (right) popularized the word 'nanotechnology' in the 1980's, he was talking about building machines on the scale of molecules, a few nanometers wide—motors, robot arms, and even whole computers, far smaller than a cell. Drexler spent the next ten years describing and analyzing these incredible devices, and responding to accusations of science fiction. Meanwhile, mundane technology was developing the ability to build simple structures on a molecular scale. As nanotechnology became an accepted concept, the meaning of the word shifted to encompass the simpler kinds of nanometer-scale technology. The U.S. National Nanotechnology Initiative was created to fund this kind of nanotech: their definition includes anything smaller than 100 nanometers with novel properties.Much of the work being done today that carries the name 'nanotechnology' is not nanotechnology in the original meaning of the word. Nanotechnology, in its traditional sense, means building things from the bottom up, with atomic precision. This theoretical capability was envisioned as early as 1959 by the renowned physicist Richard Feynman.I want to build a billion tiny factories, models of each other, which are manufacturing simultaneously. . . The principles of physics, as far as I can see, do not speak against the possibility of...
Words: 1524 - Pages: 7
...an absurd amount of money for reliable treatment. In turn, the doctor should be considerate and do everything in their power to treat the patient as quickly and efficiently as possible, so they can move on to the next patient. Despite the discourse over the fine details, the Hippocratic Oath encompasses appreciation for human dignity overall. That being said, there may be no need for any sort of doctor-patient relationship in the not-so-distant future. In Physics of the Future, Michio Kaku theorizes that standard medical checkups and treatments will become obsolete with the coming of nanotechnology. Nanotech sensors will be able to check people for various diseases and cancers in the comfort and privacy of their own homes. Should a red flag pop up, nanobots will be able to inject drugs into the target unhealthy cells. It is likely stem cell research will advance alongside nanotech development to a point where extracted cells can be used to grow new organs. ...
Words: 622 - Pages: 3
...NANOTECHNOLOGY Nanotechnology is the study of manipulating matter on an atomic and molecular scale. Nanotechnology is the science of very small things, usually smaller than one hundred nanometers which is smaller than a strand of the human hair even. It is an expected future manufacturing technology that will make most products lighter, faster, stronger, cleaner, and most of all less expensive but more precise. The world of nanotechnology is so broad, and touches on almost every topic of science. Nanotech is one of our biggest pushes into the future of our everyday living. There are hundreds of billions of research being conducted all around the world every day; in fact products seem to be changing as much as a daily routine nowadays. The research seems to be limitless on what we are able to do using nanotech, for instance when looking at the most common things we use such as: automobiles, computers, cell phones, televisions they seem to change instantly. Nanotechnology has the potential to change every part of our lives. Nanotechnology affects all materials: ceramics, metals, polymers, and biomaterials. New materials are the foundation of major technological advances. In the coming decade nanotechnology will have an enormous impact. Future advances could change our approaches to manufacturing, electronics, IT and communications technology making previous technology redundant and leading to applications which could not have been developed or even thought about, without...
Words: 290 - Pages: 2
...Nanotechnology Nanotechnology has been an anticipated technology due to it giving complete and inexpensive control of the structure of matter. The thought of this technology came from the mind of Richard Feynman, a physicist, in 1959. The way Feynman first described nanotechnology was, “a process by which the ability to manipulate individual atoms and molecules might be developed, using one set of precise tools to build and operate another proportionally smaller set (History and Future of Nanotechnology, 2009).” Manufacturing at the molecular scale will enable the construction of cell repair machines, computers smaller than a cubic micron, and even personal manufacturing. Molecular manufacturing or nanomanufacturing is where it all starts. Nanomanufacturing is the manufacturing of nano-scale materials, structures, devices, and systems. There are two approaches to nanomanufacturing, the top-down approach or the bottom-up approach. The top-down approach reduces large pieces of material down to the nanoscale. This approach uses more material and can lead to waste if excess material isn’t used. The second approach, the bottom-up approach, creates products by starting at the atomic or molecular level and building the products from the ground up. This process is very time consuming. With these two approaches there are new processes that enable nanomanufacturing which are (Manufacturing at the Nanoscale): 1. Chemical vapor deposition – a process where chemicals react to produce...
Words: 1327 - Pages: 6
...joint-development, manufacturing, assembly and after-sales services to global Computer, Communication and Consumer-electronics ("3C") leaders. Aided by its legendary green manufacturing execution, uncompromising customer devotion and its award-winning proprietary business model, eCMMS, Hon Hai has been the most trusted name in contract manufacturing services (including CEM, EMS, ODM and CMMS) in the world. Focusing on fields of nanotechnology, heat transfer, wireless connectivity, material sciences, and green manufacturing process, besides from cooperating with the establishment of the research institution for nanotech, new material, and optical electric, Hon Hai also sets up several research centers and testing laboratories for mechanism, material, electronics to conduct the services of science research and technology development worldwide. Furthermore, Hon Hai’s devotion to develop nanotech, thermal treatment, nano measure, wireless network, environmental protection, CAD/CAE, optical plating technique, precision/nano processing, SMT, and network CMOS chips, in terms, allows Hon Hai to accumulate over 55,000 patents granted worldwide by 2012. This made Hon Hai a recognized leader of innovation and technical know-how in rankings such as MIT's or IPIQ’s patent scorecard. Aside from hardware related technology research and development investment, Hon Hai also relentlessly seeks to...
Words: 459 - Pages: 2
...| What is Federalism? | Professor Mechelle Smith | | David E. Thomas | 5/25/2015 | | Federalism Federalism is a term that is timeworn, but is quite important in American history due to its lineage and how it affects government-both Federal and State. American Federalism is not a static set of arrangements, frozen in time by the United States Constitution but a dynamic, ever-changing, multi-dimensional process that has economic, administrative and political aspects as well as constitutional ones (Katz, 1997). So, what is Federalism? Federalism is a system that power is distributed between the Federal Government and the States. Years ago, many new Americans were scared because they feared that the new government might turn out to be another form of a monarchy. Also, the small states were quite scared that the larger states would overrule them in this new form of government (Wilson, Dilulio, Bose, 2014). So, when the Constitution was approved, certain provisions were added to the Constitution to ensure a balance between the larger states and the smaller ones (American Government, Wilson, Dilulio, Bose, 2014). As stated earlier, the power between the Federal Government and the State Government is shared. Much of the power the Federal Government has stems directly from the Constitution. The Constitution tells the states pretty much what they can do as well. An example of what the Federal Government can do is...
Words: 3509 - Pages: 15
...| What is Federalism? | | | | | | Federalism Federalism is a term that is timeworn, but is quite important in American history due to its lineage and how it affects government-both Federal and State. American Federalism is not a static set of arrangements, frozen in time by the United States Constitution but a dynamic, ever-changing, multi-dimensional process that has economic, administrative and political aspects as well as constitutional ones (Katz, 1997). So, what is Federalism? Federalism is a system that power is distributed between the Federal Government and the States. Years ago, many new Americans were scared because they feared that the new government might turn out to be another form of a monarchy. Also, the small states were quite scared that the larger states would overrule them in this new form of government (Wilson, Dilulio, Bose, 2014). So, when the Constitution was approved, certain provisions were added to the Constitution to ensure a balance between the larger states and the smaller ones (American Government, Wilson, Dilulio, Bose, 2014). As stated earlier, the power between the Federal Government and the State Government is shared. Much of the power the Federal Government has stems directly from the Constitution. The Constitution tells the states pretty much what they can do as well. An example of what the Federal Government can do is the ability to print and coin money, as well as the...
Words: 3500 - Pages: 14
...Normative Decision Process of an Investment Gift for a Nanotechnology Center As the President of the State University of New York Institute of Technology (SUNY IT), the university has been willed $20 million with no will or codicil related restrictions as to the direction that the capital can be invested. The university has chosen that the best use of the $20 million is to invest into a Nanotechnology Center, which will be set to begin construction in the Spring of 2013. The decision process on how to invest the $20 million in the Nanotechnology Center will be outline by a normative approach. The normative decision process includes developing an idea for the investment in the Nanotechnology Center based upon an optimal decision. The optimal decision is that SUNY IT should invest in a Nanotechnology Center. In developing the normative decision process for investing the $20 million the paper will look at other possible options, design and implementation, technology strategy, technology policy, and tight appropriability regimes (Burgelman, Christensen, & Wheelwright, 2009). The Nanotechnology Center at SUNY IT will help meet the needs of the New York state initiative in the greater Utica area in bringing in nanotechnology jobs as part of Nano Utica (SUNY IT, 2014). Comparing the Nanotechnology Center to Other Investment Options As New York’s public polytechnic university, SUNY IT must meet the growing demand for technical degree fields and the necessary facilities...
Words: 1550 - Pages: 7
...Nanotechnology ("nanotech") is manipulation of matter on an atomic, molecular, and supramolecular scale. The earliest, widespread description of nanotechnology[1][2] referred to the particular technological goal of precisely manipulating atoms and molecules for fabrication of macroscale products, also now referred to as molecular nanotechnology. A more generalized description of nanotechnology was subsequently established by the National Nanotechnology Initiative, which defines nanotechnology as the manipulation of matter with at least one dimension sized from 1 to 100 nanometers. This definition reflects the fact that quantum mechanical effects are important at this quantum-realm scale, and so the definition shifted from a particular technological goal to a research category inclusive of all types of research and technologies that deal with the special properties of matter that occur below the given size threshold. It is therefore common to see the plural form "nanotechnologies" as well as "nanoscale technologies" to refer to the broad range of research and applications whose common trait is size. Because of the variety of potential applications (including industrial and military), governments have invested billions of dollars in nanotechnology research. Until 2012, through its National Nanotechnology Initiative, the USA has invested 3.7 billion dollars, the European Union has invested 1.2 billion and Japan 750 million dollars.[3] Nanotechnology as defined by size is naturally...
Words: 377 - Pages: 2
...Political 3 3.3 Natural and Technological 4 4. SECONDARY SOURCES 5 5. MARKET SEGMENTATION AND TARGETING 7 5.1 Segments 7 5.2 Target Markets 7 6. SALES POTENTIAL 8 6.1 Year One 8 6.2 Year Two 8 6.3 Year Three 9 7. MARKETING MIX 10 7.1 Product 10 7.2 Price 11 7.3 Place 11 7.4 Promotion 12 8. CONCLUSIONS AND RECOMMENDATIONS 14 8.1 Conclusions 14 8.2 Recommendations 14 WORKS CITED AND CONSULTED 34 LIST OF APPENDICES SECTION PAGE A- Sales Potential Population Information 15 B- Projected Sales and Income Statement 16 C- Forecasted Sales Growth and Profit Graph 17 D- I-Fit Advertisement 18 E- I-Fit PowerPoint Presentation 19 F- Daily Star: “Apply Nanotech to Up Industrial Agri Output” 21 G- iX-Factory: “Lab-on-a-Chip” 23 H- “‘Mind the Gap’: Science and Ethics of Nanotechnology” 25 I- Index Mundi Statistics: Japan, United States, European Union and China 27 J- CBC News: “Who are Canada’s Top 1%?” 29 K- The Guardian: “Ofcom: UK is Nation of Early Adopters and Online Spenders 31 L- Statistics Canada 33 1. INTRODUCTION After being appointed the heir of a wealthy bachelor uncle and receiving $200 000 as well as one of his houses with a fair value of $300 000 in Misty Mountain, in the Eastern Townships, it was concluded that something should be done with this heirloom. After much contemplation, it was decided that it would be ideal to use the money provided to...
Words: 5107 - Pages: 21