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In this scenario, the initiative by SID — Sri Lanka Chapter will create the necessary dialogue between the private sector at large and the budding nanotechnology research arm in the country to tap this resource base to design its destiny. Nano, stronger but lighter than steel Nano means very small — precisely, one billionth of a thing. A nanometre means one billionth of a metre. Its small size can be gauged by considering the fact that a virus is nanometres large — the current accepted benchmark of the maximum size of a nano-machine. The discovery of nanocarbons of such a small size was the beginning of the subsequent nano revolution that has changed the world today.

Nanocarbons are more efficient, stronger and lighter than many materials that have been so far discovered. Hence, as Gehan Amaratunga mentioned in his speech at the conference, nanocarbons will help the world to produce more with less signifying its economic efficiency, definitely a plus point which it presents in this resource-constrained world. A test done in has revealed that nanocarbon cylinders are times stronger than steel and 30 times stronger than Kevlar used in bulletproof vests available here.

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The application of nanotechnology in modern production processes are so diverse that there is practically no area where it is not used. Nano to help you grow your body organs In Swing parties in waterloo, a nanomachine operated through a computer outside can travel along a human vein to a point blocked by solidified lipids and repair the same obviating the necessity for a bypass surgery or an angioplasty therapy. Drugs can be directly administered through the skin — a more portent method than taking them orally as is being done today. In biomedical and bioengineering applications, nanotubes can be used as biodegradable scaffolds for growing body organs, generating tissues and engineering bones by genetic engineering means.

Thus, a patient with a malfunctioning kidney, for instance, does not have Im lookin for quick oral release in moratuwa wait for a donor for a kidney transplant but Mathis tx sex dating in kharkov have his Im lookin for quick oral release in moratuwa kidney cultivated in a laboratory. Structures through nanotubes In structural applications, nanotubes have come in handy because of their lightness, flexibility and superior strength. The list of application is long from day to day structures like clothing, sports-gear, combat jackets and larger applications like building tall space elevators for astronomers and scientists to travel to satellites positioned in outer space with ease.

The current method of travelling to space by getting them shot into space through rockets is not only costly but also risky. One important application of nanotubes is the replacement of steel in building large structures including high-rise buildings. But the most revolutionary application is the nano-solar — a nanoturbine that can harvest solar energy at a low cost. Current research done in many universities in USA, mainly the University of Notre Dame, has produced a low cost nanoparticle based low cost solar cells available here. A California based company Innovalight is now planning to develop a nano-solar cell like a dot and mix it up with common paints so that it could be applied to outer walls of a building to harvest solar energy.

This method will replace the current silicone based solar panels available here. Carbon nanotubes are also used as superior conductors of electricity and heat. Four leading nations in nanotechnology Thus, nanotechnology is the newest scientific revolution and its applications and uses are numerous. Its commercial harvesting has been the latest breakthrough for business firms. However, this target has been reached by nanotechnology producers by and its size today is as big as that of information and communication technology market and much bigger than the biotechnology market. But this has been attained by world nations by investing heavily in nanotechnology research and development — an enterprise undertaken by both the government sector and the private sector.

There has been a phenomenal increase in such publications since and the total of the publications by other leaders combined is well below this figure. The number of patents in nanotechnology by US entities from to has amounted to 23, while the combined number of patents by Japan, South Korea and Germany stood at 6, The number of nanotechnology based patents by the top 20 countries during this period amounted to 34, and of that about two third had been obtained by US institutions. Sri Lanka should go for a complex economy system Thus, nanotechnology is the next big thing for the world and it is the next big thing for Sri Lanka.

This is because Sri Lanka has to convert its simple economy into a complex economy if it is to sustain its current economic growth and beat the oncoming middle income country trap. This writer has emphasised on this need in a number of articles in this series. How Sri Lanka could get into a complex production system was analysed in two articles. Singapore did so by linking its universities to the best universities in USA and attracting foreign direct investments or FDIs from large corporations which had already developed high technology. We accept applications at two levels — if you have a prototype developed basically your product should have gone beyond the idea stage or if you already have a company and is looking to accelerate its growth.

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One of the most important elements is your team. In fir team, we look at the business-side founder. Ideally the best business side founders exhibit the traits of being able to sell a vision convincingly to customers, VCs, employees and the ability to know the things that need to be done to drive the business forward. Another key member is the technical founder who should have some traits such as: We also place importance on the potential market size for your product. Our focus is on markets that are large enough to warrant investment. Prior experience in business is not required. Although if you have prior experience that provides an advantage to your new venture, which is a good thing.

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