Nanotechnology And Its Governance

This book charts the development of nanotechnology in relation to society from the early years of the twenty-first century. It offers a sustained analysis of the life of nanotechnology, from the laboratory to society, from scientific promises to societal governance, and attempts to modulate developments.

The imperative for responsible innovation in the nanotechnology domain has inspired and provoked assorted views on its trajectory, potential implications as well as appropriate pathways for its development across a spectrum of stakeholders. These debates assume greater significance in the context of developing nations since harnessing the inherent potential of this transformational technology presumes the establishment of simultaneous capabilities to cutting-edge technological innovation as well as risk governance, regulation and public engagement in an environment challenged by limited resources, weak innovation systems and inadequate abilities for risk management.This book seeks to examine developments, opportunities, concerns and challenges in nanotechnology from a developing country perspective raising complex questions and issues in the course of the responsible development of nanotechnology. It covers a range of issues such as potential R & D prospects, S&T capacities and innovation systems, issues of environment, health and safety, risk and regulatory preparedness, and prospective socio-economic and ethical repercussions, with a focus on Indian developments. Based on half a decade of interdisciplinary research and informed by multi-stakeholder insights on the aforementioned aspects, it proposes options for effective and inclusive governance for nanotechnology in India.

The seemingly unlimited technological potential of nanotechnology brings with it new practices of governance, networking, and exercising power and agency. Focusing on scholars in the Global South, this text covers nanotechnology discourses, imaginaries, and materialities as they circulate and interact within governance knowledge networks. Rather than adapt their actions to existing governance mechanisms and science, technology, and innovation policy, scientists use the imaginary of nanotechnology to create new symbolic and material incentives, thus shaping its governance. By tracing the constantly shifting asymmetries of knowledge and power, the book offers fresh insights into the dynamics of knowledge networks.

A growing problem of interest in the field of science and technology policy is that the next generation of innovations is arriving at an accelerating rate, and the governance system is struggling to catch up. Current approaches and institutions for effective technology assessment are ill suited and poorly designed to proactively address the multidimensional, interconnected societal impacts of science and technology advancements that are already taking place and expected to continue over the course of the 21st century. This book offers tangible insights into the strategies deployed by well-known, high-profile organizations involved in anticipating the various societal and policy implications of nanotechnology and synthetic biology. It focuses predominantly on an examination of the practices adopted by the often-cited and uniquely positioned Project on Emerging Nanotechnologies in the United States, as well as being informed by comparisons with a range of institutions also interested in embedding forward-looking perspectives in their respective area of innovation. The book lays out one of the first actionable roadmaps that other interested stakeholders can follow when working toward institutionalizing anticipatory governance practices throughout the policymaking process.

The governance of emerging technologies does not follow a single governance paradigm because of complex interactions between government, industry, and civil actors. In this Element, we will argue that for emerging technologies, governance is a 'convergent paradigm'. We introduce governance issues associated with emerging technologies generally before turning to the specifics of nanotechnology. We then approach governance theory and practice by considering different perspectives on governance by their different orientations with respect to object and process. Finally, we construct a matrix of object and process oriented governance activities observed in the case of nanotechnology in the United States.

This book aims to address how nanotechnology risks are being addressed by scientists, particularly in the areas of human health and the environment and how these risks can be measured in financial terms for insurers and regulators. It provides a comprehensive overview of nanotechnology risk measurement and risk transfer methods, including a chapter outlining how Bayesian methods can be used. It also examines nanotechnology from a legal perspective, both current and potential future outcomes. The global market for nanotechnology products was valued at $22.9 billion in 2013 and increased to about $26 billion in 2014. This market is expected to reach about $64.2 billion by 2019, a compound annual growth rate (CAGR) of 19.8% from 2014 to 2019. Despite the increasing value of nanotechnologies and their widespread use, there is a significant gap between the enthusiasm of scientists and nanotechnology entrepreneurs working in the nanotechnology space and the insurance/regulatory sector. Scientists are scarcely aware that insurers/regulators have concerns about the potential for human and environmental risk and insurers/regulators are not in a position to access the potential risk. This book aims to bridge this gap by defining the current challenges in nanotechnology across disciplines and providing a number of risk management and assessment methodologies. Featuring contributions from authors in areas such as regulation, law, ethics, management, insurance and manufacturing, this volume provides an interdisciplinary perspective that is of value to students, academics, researchers, policy makers, practitioners and society in general.

Nanotechnology has been the subject of extensive ‘assessment hype,’ unlike any previous field of research and development. A multiplicity of stakeholders have started to analyze the implications of nanotechnology: Technology assessment institutions around the world, non-governmental organizations, think tanks, re-insurance companies, and academics from science and technology studies and applied ethics have turned their attention to this growing field’s implications. In the course of these assessment efforts, a social phenomenon has emerged – a phenomenon the editors define as assessment regime. Despite the variety of organizations, methods, and actors involved in the evaluation and regulation of emerging nanotechnologies, the assessment activities comply with an overarching scientific and political imperative: Innovations are only welcome if they are assessed against the criteria of safety, sustainability, desirability, and acceptability. So far, such deliberations and reflections have played only a subordinate role. This book argues that with the rise of the nanotechnology assessment regime, however, things have changed dramatically: Situated at the crossroads of democratizing science and technology, good governance, and the quest for sustainable innovations, the assessment regime has become constitutive for technological development. The contributions in this book explore and critically analyse nanotechnology’s assessment regime: To what extent is it constitutive for technology in general, for nanotechnology in particular? What social conditions render the regime a phenomenon sui generis? And what are its implications for science and society?