Nanotechnology is fueling a new industrial revolution–in fact, experts predict that by 2015, nanotech will contribute $1 trillion to the U.S. economy.
But while it holds significant promise for virtually every industry, nanotech also carries a number of unknowns. That's why risk managers need to be aware of the new dimensions it is likely to bring to workers' compensation, product liability and environmental liability exposures.
Nearly 200 nanotech products are on the market, with applications ranging from electronics, pharmaceuticals and biomedicals, to cosmetics, energy, photography and manufacturing.
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