Nanotech Database

Article Title:
The Economic Promise of Nanotechnology

Author:
Allen, George

Journal Information:
Issues in Science and Technology
Vol. 21, Num. 4
2005

Link:

Abstract:
"Congress must continue to support U.S. leadership in this field as a key component of future national prosperity," says George Allen, Senator from Virginia in 2005. Comparing it favorably to the space program, Allen argues that the U.S. must maintain its primacy in industry, and become "the world capital of innovation." Therefore it must also lead in the new field of nanotechnology. Congressional funding maintains that supremacy -- in 2005, more than 1 billion, which was one quarter of the entire world goverment level of funding for nanotechnology. This article is a useful semi-primary document, recording what a Congressman thought and argued about the need for federal involvement in science education and research.