11.08.2017 Views

Nanotechnology

A big future for small things? Global Investor Focus, 02/2005 Credit Suisse

A big future for small things?
Global Investor Focus, 02/2005
Credit Suisse

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

GLOBAL INVESTOR FOCUS<br />

<strong>Nanotechnology</strong>—06<br />

Editorial<br />

“There’s plenty of room at the bottom.” // Does nanotechnology<br />

hold the key to progress in the 21st century?<br />

Perhaps. The core technology is still only in its infancy – even<br />

though products based on nanotechnology are already available on<br />

the market. And even though significant amounts of public and private<br />

money are being channeled worldwide into nanotechnology research<br />

and applications.<br />

“Nano” is the word on everyone’s lips. “Nano” is the way forward.<br />

So is “nano” a synonym for the future? A phenomenon? A blessing for<br />

humanity? Or is “nano” nothing more than hype? A curse? An illusion?<br />

A dream that will burst like a bubble?<br />

That’s what we want to find out. And that’s why we commissioned<br />

this report.<br />

In order to meet the information needs of our clients, the bank has<br />

begun to cast a critical eye over nanotechnology. Because it is our job<br />

to provide our clients with the right advice at the right time. One of our<br />

main tasks is to identify investment trends and new markets at an<br />

early stage, to realistically assess the various possibilities, and to weigh<br />

up the opportunities and risks involved. Which also answers the question<br />

as to why a bank should be looking so intensively at nanotechnology<br />

at this time.<br />

Just one more thought. Isn’t it true to say that we Swiss have a<br />

special fondness for small things? The precision engineering which<br />

finds expression in the Swiss watchmaker’s craftsmanship is famous<br />

throughout the world. And it was a Swiss scientist, Heinrich Rohrer,<br />

who together with his German colleague, Gerd Binnig, developed and<br />

built the first scanning tunneling microscope – a great achievement,<br />

for which both men received the Nobel Prize.<br />

“There’s plenty of room at the bottom.” This sentence, which was<br />

spoken by Richard Feynman in 1959, marks the birth of nanoscience as<br />

we know it. We see it as our task to get to the bottom of the matter.<br />

Arthur Vayloyan<br />

Member of the Executive Board of Credit Suisse<br />

Head of Private Banking Switzerland

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!