China Moving Ahead in the Global Nanotechnology Race: Evidences from Scientometric Study

Nanotechnology is emerging as a key technology of the 21st century wherein stakes are high as projected estimate of economic and social benefits are immense for countries that can attain competency in this technology. A Country/firm's competency can be judged from various dimensions: from research outcomes to final product/processes developed, its international market reach and monopoly position in domestic and high value markets. Unlike other key technologies, in nanotechnology we observe emerging economies particularly China competing with advanced OECD economies. This sends an important signal as emerging economies are generally involved in adaptive R&D and undertake follow on innovation.