Innovation & Economics

Creating growth through innovation and technological development is at the heart of most governmental policies. Nanotechnology has been viewed by many national and international stakeholders as a rapidly growing area able to affect and improve technologies across different sectors. In most cases nanotechnology innovation leads to high added value to products and services, while relying on highly qualified workforce and low requirements on raw materials.

Nevertheless, the potential benefits nanotechnology offers to wider industrial growth requires a strong nanotechnology ecosystem with SMEs, research organisations and larger businesses all working together in a process of ‘open innovation’.

A true ‘innovation value chain’ that occurs is characterized by the quick and effective transfer of high tech research into marketable products; and the lucrative benefits that can be provided by the Nanotechnology value chain, increasingly requires the co-operation of multiple stakeholders;

Understanding these value chains is a key priority for NIA, and we conduct comprehensive market sector and value chain analyses in support of this. Our expertise in this area has been crucial in constructing a comprehensive assessment of the nanotechnology landscape that is the NanoInsight project. This project seeks to consolidate the vast amount of existing data of many aspects of nanotechnologies so to provide systematic inisights and interconnections on the nano-value chain. It also looks to provide this integrated information base in an accessible way for the wider public, for interested stakeholders and for specialists.

In addition, public private partnerships are increasingly important in identifying areas of beneficial industrial collaboration and in offering useful industry input to better direct scientific research. NIA co-ordinate several PPPs for our members over a variety of areas and speak on behalf of industry in within a number of forums, including the OECD WPN.

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NIA provides support services to its Members concerning Innovation & Economics.

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