William Halal's Nanotechnology

Halal, W. E. (2008). Technology's promise : expert knowledge on the transformation of business and society (pp.35-36). Houndmills, Basingstoke, Hampshire [England] ; New York: Palgrave Macmillan. Nanotechnology Halal (2008) outlines that that nanotechnology is likely to reach mainstream use by 2015 with a range in possible years from 2010 to 2020. The author forecast is deduced based on the current level of researches and breakthroughs from such researches and the extent of research globally. Technological While outlining the forecast, Halal describes major technological breakthrough in nanotechnology. These discoveries include nanotubes, Ultracapacitors used as batteries, and nano-sized devices applicable to medicine. Without these breakthroughs and current research the projected outcome would be impossible. The technological force is therefore a major contributor to the success of Nanotechnology. Economical A major implication in the use of Nanotechnology is a reduction in the use of limited resources e.g. use of nanotechnology in flat screen displays which uses less energy than liquid Crystal Display (LCD) screens. This reduction leads to better ROI and therefore an increase in market shares to investors. Halal (2008) indicates that the potential market for nanotechnology is in the trillion dollar range. Economics as a force outlined above is another critical contributor to nanotechnology. BryanB