Nanotechnology

Nanotechnology A New Emerging Risk Nanotechnology (NT), espoused by many a(prenominal) as the next big scientific breakthrough, presents organisations and stakeholders with a simple predicament both in its lack of both a quantitative track record, and the lack of reliable clues as to its po ten-spottial dangers (Hett 2004). Nanotechnology is evolution extremely fast, at global level, and in result presents world with the opportunity to manipulate the fundamental building blocks of the physiological milieu (Epprecht 2006). The US National Science Foundation predicts that inside ten years the entire semiconductor industry and latently half(prenominal) of the pharmaceutical industry will develop reliance on nanotechnology and that, by 2015, the global market may well be in the vicinity of US$1 trillion (Theis 2001). Considering the capableness economic impact nanotechnology may bring, it is an emerging risk which stakeholders from all told sections of the community ar e concerned with. As with any sensed risk, the potential benefits have to be weighed seriously against its potential risks. For the purposes of this subject, 3 observe issues will be examined; that of impacts on human wellness and the environment, regulatory concerns, and potential impacts on the socio-political landscape.

For the purposes of brevity, ethical considerations, privacy issues, array applications and intellectual property rights will not be topics of discussion. This authorship will examine the nature of nanotechnology as an emerging risk, and what observe concerns it raises in a traditional risk management process. What is Nanotec! hnology Nanotech is named for the nanometre, a unit of measure, a billionth of a meter, one-thousandth of a micrometer. It is historically agreed that the term nanotechnology was first defined by Tokyo Science University Professor Norio Taniguchi in 1974 in his piece of music On the basic Concept of Nano-Technology, stating Nanotechnology mainly consists of the processing of, separation,...If you need to get a full essay, order it on our website: OrderCustomPaper.com

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