Where Is Nanotechnology Being Developed?
Research and development of nanotechnology is taking place worldwide. As this is written, government spending is at approximately one billion U.S. dollars in each of four global areas: (1) the United States, (2) Europe, (3) Japan, and (4) the rest of the world, including China, Israel, Taiwan, Singapore, South Korea, and India. Similar amounts are said to be being spent in the private sector, with these figures being quite difficult to determine accurately due to the breadth of the nanotech definition, which includes a large number of older technologies.
