Nano Science and Technology Institute
Nanotech 2005 Vol. 2
Nanotech 2005 Vol. 2
Technical Proceedings of the 2005 NSTI Nanotechnology Conference and Trade Show, Volume 2
Chapter 13: Nanotechnology: Societal and Economic Development

Through the Nano-Needle’s Eye: Models, Examples, and a Template for the Successful Transition from R&D to Commercialization

Authors:M. O'Halloran
Affilation:IDC, US
Pages:772 - 774
Keywords:technology commercialization, valley of death
Abstract:As small-scale technologies emerge and are slated for commercialization, the critical challenge is scaling up prototypes into viable commercial applications. Many new technologies have faced this challenge, and many lessons learned from those experiences can be applied to the diverse fields comprising nanotechnology. The paper will review the success factors that influence conversion of nanotechnology into commercial applications, including staff, equipment and facilities, production processes, research and management procedures, and materials. This paper details issues and strategies developed to improve the success of shifting from promising nanoscale research into profitable commercial production. A nanotechnology "life cycle template" will examine the optimal sequence of events that carries a nanotechnology project from creative inspiration through the subsequent phases of R&D, pilot production and finally volume manufacturing. Also, examples of economic modeling tools will provide metrics for forecasting financial yields and ROI potential to stakeholders as new technologies are commercialized. Such a sequential analysis of the life cycle results in a practical methodology for fulfilling the original goals envisioned by nanotechnology researchers and investors alike.
Through the Nano-Needle’s Eye: Models, Examples, and a Template for the Successful Transition from R&D to CommercializationView PDF of paper
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