Nanoeconomics

 

Nanoeconomics is the branch of economics that studies the creation and distribution of wealth related to the technological changes brought by nanotechnology. Nanoeconomics focuses on understanding the extent of the change that will be brought upon not by a single field of science research but by the convergence of many. Due to the extraordinary amount of innovation that is being generated by nanotechnology as a result of the positive cross-linkages between highly competitive industries (i.e. Semiconductor, information technology and pharmaceutical industries), it can be foreseen that to study nanoeconomics is to study the new paradigms in the next industrial revolution.

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