Nanotechnology

Nanotechnology A New Emerging Risk Nanotechnology (NT), espoused by umteen as the next big scientific breakthrough, presents organisations and stakeholders with a upright predicament both in its lack of both a quantitative track record, and the lack of reliable clues as to its po ten-spottial dangers (Hett 2004). Nanotechnology is evolution extremely fast, at global level, and in encumbrance presents world with the opportunity to manipulate the fundamental building blocks of the carnal milieu (Epprecht 2006). The US National Science Foundation predicts that deep down ten years the entire semiconductor industry and latently waist-length of the pharmaceutical industry will develop reliance on nanotechnology and that, by 2015, the global market may well be in the vicinity of US$1 trillion (Theis 2001). Considering the potential difference economic impact nanotechnology may bring, it is an emerging risk which stakeholders from tout ensemble sections of the community a re concerned with. As with any sensed risk, the potential benefits have to be weighed seriously against its potential risks. For the purposes of this subject, 3 observe issues will be examined; that of impacts on human wellness and the environment, regulatory concerns, and potential impacts on the socio-political landscape.

For the purposes of brevity, ethical considerations, privacy issues, waiter applications and intellectual property rights will not be topics of discussion. This piece of music will examine the nature of nanotechnology as an emerging risk, and what linchpin concerns it raises in a traditional risk management process. What is Nanotechnology Nanotech is nam ed for the nanometre, a unit of measure, a b! illionth of a meter, one-thousandth of a micrometer. It is historically agreed that the term nanotechnology was first defined by Tokyo Science University Professor Norio Taniguchi in 1974 in his physical composition On the basic Concept of Nano-Technology, stating Nanotechnology mainly consists of the processing of, separation,...If you pauperism to get a full essay, order it on our website: OrderEssay.net

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