NATIONAL POLICIES TO PROMOTE NANOTECH INNOVATION

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NATIONAL POLICIES TO PROMOTE NANOTECH INNOVATION

• Kelly H. Carnes
• President and CEO, TechVision21
• November 16, 2004

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Global Competitive Environment

• 1 Trillion Global Market by 2015 (NSF)
• 40 Countries Have Nanotech Initiatives
• Governments Worldwide Invested 3.5B in 2003
• US 862M
• EU 750-900M (plus national investments)
• Japan 1B
• Korea 145M
• Taiwan 112M
• Israel 100M

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Key Goals of Nanotech Policy

• Attract Global Nanotech RD and Manufacturing
  into US
• Foster Creation and Growth of Indigenous Nanotech
  Firms
• Create Jobs of the Future in the US

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Building Blocks of Competitiveness

• Leading-edge Research
• World-Class Talent
• Innovation Infrastructure
• Access to Capital
• Intellectual Property Protection
• Pro-Innovation Business Climate (Legal and
  Regulatory)
• Support for Risk-Taking and Entrepreneurship

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US Accomplishments

• National Nanotechnology Initiative
• Launched in 2001 422M
• 2004 849 M 982M Proposed for 2005
• 10 RD Agencies 11 Others
• Nanoscale Research Centers
• Shared User Facilities
• National Nanotech Information Network (NNIN)
• Grand Challenges

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US Accomplishments

• 21st Century Nanotech RD Act
• Authorizes 3.7B Over 4 Years
• Goal Stable, Consistent, Coordinated Investments
  in Nanotech RD
• Establishes Permanent National Nanotech
  Coordination Office (NNCO) and Advisory Panel
• Requires Consideration of Societal, Ethical and
  Environmental Concerns

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Key Challenges for Federal Policy

• Increase RD Funding
• Provide Support for Commercialization
• Advanced Technology Program
• SBIR
• Foster Industry-University-Govt Partnerships
• Develop Nanotech Workforce
• ST High Reliance on Foreign Nationals (6
  Decline in Foreign Enrollments in US ST)
• Need for Multi-Disciplinary Skills
• Technicians Production Workers

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Key Challenges for Federal Policy

• Access to Capital
• 2003 301M VC Investment in Nano Companies
• 2004 122M Invested (Through 3Q)
• Intellectual Property Protection
• PTO Not Well-Equipped for Nano Patents
• Nano May Challenge Concept of Ownership
• Fee Diversion Must be Ended

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Key Challenges for Federal Policy

• Impact on Human Health/Environment
• Concerns About Toxicity Exposure
• 11/12 EPA Awarded 4 M for Studies
• More Needed Nanodrop in the Bucket
• Health and Safety Impacts Must Be Evaluated in
  Real-Time

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Key Challenges for Federal Policy

• Regulatory Challenges
• Bush Admin All federal rules that control the
  safety of drugs, products and materials equally
  apply to nanoparticles.
• Mismatch Between Innovation and Regulatory
  Timelines
• Need for Regulatory Flexibility and
  Pro-Innovation Approach

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Key Challenges for Federal Policy

• Export Controls
• Defense and Dual Use Technologies
• Deemed Exports
• Ethical Concerns
• Developing International Rules and Frameworks
• Public Education and Outreach

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• Kelly Carnes
• TechVision21
• KCarnes_at_TechVision21.com
• [phone]