Transnational Models for Regulation of Nanotechnology

Author:

Marchant Gary E.,Sylvester Douglas J.

Abstract

There is much we do not know about nanotechnology. Despite its tremendous promise, nanotechnology today is mostly forecast and fervent hope. Predictions that spending on nanotechnology will increase from current levels of $13 billion to more than $1 trillion by 2015 are no more than that – simply predictions. Hopes that nanotechnology will be an essential part of solving the globe's energy, food, and water problems should be tempered by recalling a century of revolutionary technologies that failed to live up to their early promise such as nuclear energy, supersonic airplanes, or gene therapy. Many other questions continue to nip at nanotechnology's heels, not the least of which are debates about what is and is not technically feasible. Despite these uncertainties, we can have complete confidence in one aspect of nanotechnology's future – it will be subject to a host of regulations.

Publisher

Cambridge University Press (CUP)

Subject

Health Policy,General Medicine,Issues, ethics and legal aspects

Reference70 articles.

1. 21. For a general description of concerns surrounding the health, social and economic impacts of nanotechnology see: Luther, W. , “Industrial Application of Nanomaterials: Chances and Risks—Technological Analyses,” (2004) available at (last visited August 8, 2006); Mark, D. , Report of Presentations from First International Symposium on Occupational Health Implications of Nanomaterials, Nanomaterials a Risk to Health at Work? (2004) available at (last visited August 8, 2006); Heath and Consumer Protection Directorate General of the European Commission, “Nanotechnologies: A Preliminary Risk Analysis,” (2004) available at (last visited August 8, 2006); SwissRE, “Nanotechnology: Small Matter, Many Unknowns,” available for download at (last visited August 8, 2006).

2. 7. See Bailey, R. , “Rebels Against the Future,” Reason Online, available at (last visited August 7, 2006).

3. A little knowledge...

4. 20. The United States has also severely restricted private-sector research and development into atomic energy. Atomic Energy Act, 42 U.S.C. §§ 2011–2281 (2005).

5. 16. Moratoria, though, present additional risks in themselves: Although they may prevent the foreseeable development of dangerous or unethical technologies, they may also prevent the unforeseeable development of extremely useful and beneficial innovations.

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