Nanotechnology, which is the design and manufacture of extremely small electronic circuits and mechanical devices built at the molecular level of matter, has been touted as an emerging sector for some time now, but a white paper published on Thursday has said that the technology is over- hyped and a long way from delivering on its full potential.
According to the report, which was published by investment firm 3i in association with the Economist Intelligence Unit and the UK-based Institute of Nanotechnology, nanotechnology is at the heart of applications that are making money, but it has not made the impact it should have in areas such as pharmaceuticals, clothing and artificial bone.
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