Nanotechnology research and development took $12.4 bln in 2006

Fact recorded on: May 21, 2007. Categories: Spending.

In 2006, worldwide spending on nanotechnology research and development reached $12.4 bln, a 30% increase from the previous year. Lux Research predicts that by 2014, 15% of all manufactured goods, roughly $2.6 trillion worth, will incorporate nanotechnology.

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