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Nanotechnology and the new technological revolution: Expectations and reality

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  • O. B. Koshovets

    (Russian Academy of Sciences)

  • N. A. Ganichev

    (Russian Academy of Sciences)

Abstract

This paper reviews the existing mechanisms of innovative development in the world economy focusing on emerging technologies markets evolution on the example of nanotechnology. The question has been raised of whether nanotechnologies can provide the core of the new technological revolution, and whether these prospects exist for NBIC convergence. In this connection the development of the global market for nano-enabled products following the 2007–2009 crisis and the reliability of the related development forecasts have been assessed. Particular attention has been paid to peculiarities of nanoenabled product market structure and the impact of stagnating R&D costs in the field of nanotechnology.

Suggested Citation

  • O. B. Koshovets & N. A. Ganichev, 2017. "Nanotechnology and the new technological revolution: Expectations and reality," Studies on Russian Economic Development, Springer, vol. 28(4), pages 391-397, July.
    • Handle: RePEc:spr:sorede:v:28:y:2017:i:4:d:10.1134_s1075700717040104
    DOI: 10.1134/S1075700717040104
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    References listed on IDEAS

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    1. Jan Youtie & Maurizio Iacopetta & Stuart Graham, 2008. "Assessing the nature of nanotechnology: can we uncover an emerging general purpose technology?," The Journal of Technology Transfer, Springer, vol. 33(3), pages 315-329, June.
    2. Olga B. Koshovets & Nikolay A. Ganichev, 2016. "Nanotechnology Contribution To Innovation-Driven Growth: Hype Or Hope?," Economy & Business Journal, International Scientific Publications, Bulgaria, vol. 10(1), pages 546-561.
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    Cited by:

    1. N. A. Ganichev & O. B. Koshovets, 2019. "Integrating Russia into the Global Project of Digital Transformation: Opportunities, Problems and Risks," Studies on Russian Economic Development, Springer, vol. 30(6), pages 627-636, November.
    2. N. A. Ganichev & O. B. Koshovets, 2018. "Russian Nanotechnology Market: High-Technology Industry or Statistical Phenomenon," Studies on Russian Economic Development, Springer, vol. 29(1), pages 12-20, January.

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