Nanotechnology promises to revolutionize innovation in nearly every industry. However, nanomaterials’ novel properties pose potentially significant health and environmental risks. Views in the current debate over nanotechnology regulation range from halting all research and development to allowing virtually unregulated innovation. One viable regulatory solution balancing commercialization and risk is the adoption of a mandatory private-public insurance program.
Maksim Rakhlin, Regulating Nanotechnology: A Private–Public Insurance Solution, 7 Duke Law & Technology Review 1-20 (2008)