Nanotechnology companies in the United States : a web-based content analysis of companies and products for poverty alleviation

This study analyzes the goals, nanotechnology experience, corporate social responsibility and products of 50 USA-based companies  working with nanotechnology to see if they are developing products that help low-income populations. Out of the top 50 R&D companies that publish and patent nanotechn...

Authors: Woodson, Thomas
Do, Duy
Document types:Article
Media types:Text
Publication date:2015
Date of publication on miami:20.02.2015
Modification date:21.03.2016
Source:Journal of Business Chemistry, 12 (2015) 1, S. 3-15
Edition statement:[Electronic ed.]
DDC Subject:330: Wirtschaft
License:InC 1.0
Language:English
Notes:Section "Research Paper"
Format:PDF document
URN:urn:nbn:de:hbz:6-70349491415
Permalink:http://nbn-resolving.de/urn:nbn:de:hbz:6-70349491415
Digital documents:2015_vol-12_iss1_3-15.pdf

This study analyzes the goals, nanotechnology experience, corporate social responsibility and products of 50 USA-based companies  working with nanotechnology to see if they are developing products that help low-income populations. Out of the top 50 R&D companies that publish and patent nanotechnology research in agri-food, energy and water sectors, 18 of them do not mention nanotechnology on their websites. The other 32 companies discuss nanotechnology in varying degrees. However, only two of the companies relate their nanotechnology R&D to poverty alleviation. Even though few companies refer to poverty alleviation, 30 firms of the sample have some type of corporate social responsibility programs. From the study, we cannot definitively conclude that nanotechnology is a technology only for wealthy consumers, but we do find that the companies analyzed do not give much attention to pro-poor nanotechnology.