Future management research directions in nanotechnology: A case study

Leading experts believe that advances in nanotechnology will lead to dramatic changes in the way materials, devices and systems are understood and created. Generalizations about nanotechnology-based innovations abound in technical circles and in the media, where they are typically described as radical, their anticipated impact on firms as disruptive, and their effect on society as transformative. To-date, no articles have been published in peer-reviewed technology management research journals on the subject. This paper suggests that nanotechnology is a general purpose technology and that, as such, its applications will spread through many economic sectors with varying magnitudes and forms of impact on existing firms and industries. This paper also demonstrates how the innovation management literature can be used to guide further research aimed at anticipating the magnitude and nature of the impact of specific nanotechnology-based innovations.