Position of the Countries in Nanotechnology and Global Competitiveness

Abstract

The national innovation systems approach stresses that the flows of technology and information among people, companies and institutions (universities, government research institutes and other research institutions) are key to the innovative process. Innovation and technology development are the result of a complex set of relationships among actors in the system. High levels of technical collaboration, technology diffusion and personnel mobility contribute to the improved innovative capacity of a country (in terms of products, patents, etc.) (OECD, 1996, p. 7). A key factor for commercialized innovation and economic development is the nanotechnology development and the «general technology development strength» of each nation (Hwang, 2010). Accordingly, nanotechnology innovations are one of the sources of the competitive advantage of a country.