IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/71766.html
   My bibliography  Save this paper

Business Strategy for Nanotechnology based Products and Services

Author

Listed:
  • Aithal, Sreeramana
  • Aithal, Shubhrajyotsna

Abstract

The applications of nanotechnology in different identified areas provide lots of business opportunities. It includes Food, Medicine, Cleaner water, Better quality air, Electronics, Fuel Cells, Solar Cells, Batteries, Space Travels, Chemical sensors, Sporting goods, Fabrics, Cleaning products, Energy, Environment, Health, and Life span increase. The paper covers the applications, and benefits of nanotechnology innovations in different industries, possible business opportunities for new nanotechnology based products and services due to challenges for human prosperity on earth, and the global strategy on nanotechnology business with an expected time scale and future possibilities of nanotechnology innovations based on products and services in the field and the magic (like science fictions) going to happen in human life. In this paper, important nanotechnology features and their usage in industry, various products and services based on nanotechnology innovations and Business Strategy for them are identified. Applications & benefits of NT in Agriculture, Food packing & Clean water, in Renewable Energy & Storage, and in Medicine are discussed. Various Business Opportunities for New Nanotechnology based Products and Services, Developing a global strategy for Nanotechnology Business including PEST analysis model and ABCD analysing framework. Finally, some of the Future possibilities of nanotechnology innovations are mentioned and discussed.

Suggested Citation

  • Aithal, Sreeramana & Aithal, Shubhrajyotsna, 2016. "Business Strategy for Nanotechnology based Products and Services," MPRA Paper 71766, University Library of Munich, Germany, revised Apr 2016.
  • Handle: RePEc:pra:mprapa:71766
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/71766/1/MPRA_paper_71766.pdf
    File Function: original version
    Download Restriction: no

    References listed on IDEAS

    as
    1. Aithal, Sreeramana, 2015. "Study on ABCD Analysis Technique for Business Models, Business Strategies, Operating Concepts & Business Systems," MPRA Paper 71989, University Library of Munich, Germany.
    2. Aithal, Sreeramana, 2016. "The concept of Ideal Strategy and its realization using White Ocean Mixed Strategy," MPRA Paper 71770, University Library of Munich, Germany.
    3. Aithal, Sreeramana & Aithal, Shubhrajyotsna, 2015. "Ideal Technology Concept & its Realization Opportunity using Nanotechnology," MPRA Paper 71380, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Aithal, Sreeramana & Aithal, Shubhrajyotsna, 2016. "Opportunities & Challenges for Green Technology in 21st Century," MPRA Paper 73661, University Library of Munich, Germany.
    2. Aithal, Sreeramana, 2016. "Review on Various Ideal System Models Used to Improve the Characteristics of Practical Systems," MPRA Paper 74395, University Library of Munich, Germany, revised 20 Sep 2016.
    3. Aithal, Sreeramana & Aithal, Shubhrajyotsna, 2016. "Nanotechnology Innovations and Commercialization – Opportunities, Challenges & Reasons for Delay," MPRA Paper 72337, University Library of Munich, Germany.

    More about this item

    Keywords

    Nanotechnology applications; Business based on Nanotechnology products & services; Global strategies to be used in Nanotechnology business.;

    JEL classification:

    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:71766. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joachim Winter). General contact details of provider: http://edirc.repec.org/data/vfmunde.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.