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Why are nanotechnologies important for the economy and job creation?

April 26, 2017creation economy Job nanotechnologies

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Why are nanotechnologies important for the economy and job creation?

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Nanotechnologies are pervasive enabling technologies with far-reaching effects. They are expected to help address many problems facing today’s society. Market analysts foresee a world market for nanotechnologies worth between €750 and 2,000 billion by 2015, and estimate that 10 million nana-related jobs will be created by 2014 – that is, 10% of all manufacturing jobs worldwide. The EC expects nanotechnologies to contribute directly to the Lisbon Strategy, including to the competitiveness of the European industry.