Frequently Asked Questions about Nanotechnology
Q: Why are nanotechnologies important for the economy, industry and job creation?
A: Nanotechnologies are pervasive enabling technologies with far-reaching effects. They are expected to help address many problems facing today's society. They are also expected to provide a new competitive edge to European industry and to the European economy as a whole, and to contribute to job creation. Market analysts foresee a world market for nanotechnologies worth EUR 750-2000 billion by 2015, and estimate that 10 million nano-related jobs will be created by 2014, i.e. 10% of all manufacturing jobs world-wide. The Commission expects nanotechnologies to contribute directly to the revised Lisbon Strategy, including to the competitiveness of the European industry.