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9 Nanotech. L. & Bus. 196 (2012-2013)
Editorial: Special Issue

handle is hein.journals/nantechlb9 and id is 212 raw text is: Editorial: Special Issue Noela Invernizzi* and Sarah R. Davies The rise of nanotechnology has been rapid, and marked by much excitement. When the first nanotechnology programs were launched-largely in industrialized countries, though they soon multiplied around the globe-a fabulous market was forecast for 2015: organizations from the US National Science Foundation to Lux Research predicted global nanotechnology markets of anything from 1 to 3 trillion dollars.' By 2010, as a global recession kicked in, such estimates were being revised down.2 Figures portrayed in publications such as the Report to the President and Congress on the Third Assessment of the National Nanotechnology Initiative3 (PCAST 2010) are rather more mundane, with calculations showing a total of 224 billion dollars turned over across the globe through the sale of nanotechnology-containing final products in 2009. Nonetheless, a number of indicators suggest that industrial development of nanotechnology is accelerating. Consider, for instance, figures such as the number of companies, the variety of nanoparticles produced, and the increasing number of commercialized products containing nanotechnology. The Nanowerk Companies Database, for instance, currently reports 2,276 nanotechnology companies, located across 51 countries; amongst these, 184 suppliers provide * Associate Professor, Education Sector and Public Policy Graduate Program, Federal University of Parana, Curitiba, PR, Brazil. Co-coordinator of the Latin American Nanotechnology and Society Network (ReLANS). ** Postdoctoral Research Fellow, Department of Media, Cognition and Communication, University of Copenhagen, Denmark. 1 The National Science Foundation forecasted a one trillion dollars market by 2015, while consulting firms such as Cientifica and Lux Research proposed much higher figures, up to 3.1 trillion dollars. 2 Considering the effects of the economic recession, Lux Research recalculated the nanotechnology market projection for 2015 to US$2.4 trillion. Hwang D, Bradley J (2010) The recession's ripple effect on nanotech. http://www.electroiq.com/index/display/nanotech-article-display/5049629279/articles/small- times/nanotechmems/materials/general/201O/april/the-recessionsripple.html 3 See http://www.whitehouse.gov/sites/default/files/microsites/ostp/pcast-nano-report.pdf 196

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