Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

Many High Technology Firms rather Signal than actually Do Nanotechnology

20.11.2007
M Sc. (Econ.) Nina Granqvist defends her doctoral thesis in the area of organization and management with the title ”Nanotechnology and Nanolabeling – Essays on the Emergence of New Technological Fields” at Helsinki School of Economics on Friday November 23, 2007.

Nanotechnology is forecasted to be among the most significant technologies of the current century, and one of the important megatrends of this decade. Nanotechnology refers to a size scale of one billionth of a meter, and to the new physical phenomena the size scale reveals. It is currently being applied e.g. in sensors, diagnostics, materials and the memories of computers. In her PhD thesis, Granqvist studies the emergence of nanotechnology as a domain of public investment and business activity in Northern Europe and USA. She interviewed some 60 people and analyzed over 200 publications for her research.

The thesis reveals that the emergence of new technologies is enabled by various parallel processes. The roots of nanotechnology are, on the one hand, in the development of science and technology towards ever smaller size scale since the 1950s. On the other hand, the very creation and dissemination of the concept in the American science fiction literature played a role in its wider dissemination. Due to political processes, nanotechnology became established to refer to research and development in the very small size scale. The birth of nanotechnology in Finland was aligned with the global development. However, the form and function it took reflected the local competences and institutions. The Finnish nanotechnology program in 1997-1999 was one of the first nanotechnology programs globally. Launching the program was enabled by the visions and autonomy of experts in the public funding organizations, as well as researchers’ international networks and established competencies in nanotechnology related areas.

Granqvist also investigated how nanotechnology was transferred from research to business. Companies have certain reputational and visibility related benefits from being associated with novel technologies. However, the research shows that companies that are attracted by new technologies signal nanotechnology even though their activities would not reach into that size scale. According to the research, up to half of the companies signaling nanotechnology do not match the widely accepted definitions for the technology. Further, only small part of the business and revenues of most true nanotechnology companies’ business come from these technologies. In addition to this, many true nanotechnology firms do what they have always done, but now under the new nano-label.

According to Granqvist such signaling activity is a central driver of the emergence of all fashionable technologies, where demand for the label exists, but where the participants have an unclear understanding of what the new technology is about. This enables opportunism of companies in the short term. Over a longer period of time the participants begin to understand what the new core technologies are and who develop them. As a consequence, the boundaries of the domain of operation begin to close, which forms the embryo of a new industry. Views on what nanotechnology is, and is not, develop in a similar manner as a result of learning of the involved parties.

More information. The public defense begins at 12.00 at the STORA ENSO room of Chydenia building, address Runeberginkatu 22–24, at Helsinki School of Economics. Professor Michael Lounsbury, PhD, (University of Alberta, School of Business) acts as the opponent and Professor Kari Lilja as kustos. Representatives of media are advised to inquire the study from Marjatta Vuorinen +358 (0)9 4313 8292 of the Department of Marketing and Management. Publication is sold by KY Bookstore in the Helsinki School of Economics main building, address Runeberginkatu 14–16.

Terhi Ollikainen | alfa
Further information:
http://www.hse.fi

More articles from Physics and Astronomy:

nachricht New NASA study improves search for habitable worlds
20.10.2017 | NASA/Goddard Space Flight Center

nachricht Physics boosts artificial intelligence methods
19.10.2017 | California Institute of Technology

All articles from Physics and Astronomy >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: Neutron star merger directly observed for the first time

University of Maryland researchers contribute to historic detection of gravitational waves and light created by event

On August 17, 2017, at 12:41:04 UTC, scientists made the first direct observation of a merger between two neutron stars--the dense, collapsed cores that remain...

Im Focus: Breaking: the first light from two neutron stars merging

Seven new papers describe the first-ever detection of light from a gravitational wave source. The event, caused by two neutron stars colliding and merging together, was dubbed GW170817 because it sent ripples through space-time that reached Earth on 2017 August 17. Around the world, hundreds of excited astronomers mobilized quickly and were able to observe the event using numerous telescopes, providing a wealth of new data.

Previous detections of gravitational waves have all involved the merger of two black holes, a feat that won the 2017 Nobel Prize in Physics earlier this month....

Im Focus: Smart sensors for efficient processes

Material defects in end products can quickly result in failures in many areas of industry, and have a massive impact on the safe use of their products. This is why, in the field of quality assurance, intelligent, nondestructive sensor systems play a key role. They allow testing components and parts in a rapid and cost-efficient manner without destroying the actual product or changing its surface. Experts from the Fraunhofer IZFP in Saarbrücken will be presenting two exhibits at the Blechexpo in Stuttgart from 7–10 November 2017 that allow fast, reliable, and automated characterization of materials and detection of defects (Hall 5, Booth 5306).

When quality testing uses time-consuming destructive test methods, it can result in enormous costs due to damaging or destroying the products. And given that...

Im Focus: Cold molecules on collision course

Using a new cooling technique MPQ scientists succeed at observing collisions in a dense beam of cold and slow dipolar molecules.

How do chemical reactions proceed at extremely low temperatures? The answer requires the investigation of molecular samples that are cold, dense, and slow at...

Im Focus: Shrinking the proton again!

Scientists from the Max Planck Institute of Quantum Optics, using high precision laser spectroscopy of atomic hydrogen, confirm the surprisingly small value of the proton radius determined from muonic hydrogen.

It was one of the breakthroughs of the year 2010: Laser spectroscopy of muonic hydrogen resulted in a value for the proton charge radius that was significantly...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

ASEAN Member States discuss the future role of renewable energy

17.10.2017 | Event News

World Health Summit 2017: International experts set the course for the future of Global Health

10.10.2017 | Event News

Climate Engineering Conference 2017 Opens in Berlin

10.10.2017 | Event News

 
Latest News

Terahertz spectroscopy goes nano

20.10.2017 | Information Technology

Strange but true: Turning a material upside down can sometimes make it softer

20.10.2017 | Materials Sciences

NRL clarifies valley polarization for electronic and optoelectronic technologies

20.10.2017 | Interdisciplinary Research

VideoLinks
B2B-VideoLinks
More VideoLinks >>>