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July 2004

Near-Term Nanotech

Japan's strategy: enhance conventional devices

By Charles Mann

In January 2000, President Bill Clinton announced the creation of a National Nanotechnology Initiative. "Just imagine," he said, "shrinking all the information at the Library of Congress into a device the size of a sugar cube." Clinton intended the initiative-whose funding the Bush administration has continually increased, requesting $982 million for fiscal 2005-to stimulate scientific progress and economic growth in the United States.

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