Funding for nanotechnology has been limited in various countries, mostly because consumer knowledge, and subsequent demand, has been low and not forceful enough to increase government interest. However, as more and more innovation is being made in the field, companies and governments have started to take notice. Recently the Russian Duma voted to establish a government funded nanotechnology corporation, establishing links between policy, industry and experts in the field.

This moves comes shortly after Russian President Vladimir Putin highlighted the need to fund crucial high-tech industries in Russia during his 2007 state of the nation address in April.

Russian State Duma Adopts Law on Nanotechnology Corporation

Labels: Advanced Computing