By Michael T. Burke
For the hot nanotechnology entrepreneur, initiating a enterprise calls for concise navigation via a sea of developmental crimson tape. This quandary is correct of any startup, nano or now not, yet is especially exacerbated by way of the truth that nanotechnology is a brand new and in all likelihood disruptive know-how. The ebook provides an in-depth dialogue of accessible company constructions, delineating the benefits and drawbacks of every. It additionally describes an array of different concerns the nano entrepreneur will stumble upon, from company plans and financing to budgeting, amenities procurement, and staffing. With a scope like no different ebook of its measurement, this convenient consultant equips nano marketers with the services had to sail easily via startup and confirm profitable operations after preliminary incorporation.
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Additional info for Nanotechnology: The Business
This has been the case throughout history, from the invention of the wheel to nanotechnology. Without useful applications, a technology will remain an abstract curiosity, largely unknown except to a few interested people. But when applications begin to appear, there is a need for a business, or its equivalent, to fully exploit it. One example could be that of the development of the petroleum, or oil, industry, though it is not an invention per se but a natural product. Petroleum products were known from ancient times, and the Babylonians used asphalt quarried from a nearby oil seep as mortar as early as 4000 bce.
With the advent of the steam engine a factory could be built anywhere that a steam engine could be placed—in other words, anywhere the entrepreneur wanted to build and transport fuel to it. The steam engine was what was needed for the rapid growth of largescale industry and the creation of modern capitalism. And many businesses were started and flourished, raising the living standards of at least the business owners and, especially after collective bargaining became the rule in heavy industries, the working class as well.
This could be important for workers in a nanomanufacturing facility and for people living nearby. Clean rooms and self-contained protective clothing are common in the semiconductor manufacturing and other industries, but the protection may have to be validated for each individual nanotechnology product and process. Again, there will be many opportunities for the nanotechnology entrepreneur that arise from these issues. In fact, testing and validation, in the broadest interpretations of those terms, may turn out to be the largest single segment of the nanotechnology business world.