© 2016

Managing Risk in Nanotechnology

Topics in Governance, Assurance and Transfer

  • Finbarr Murphy
  • Eamonn M. McAlea
  • Martin Mullins

Part of the Innovation, Technology, and Knowledge Management book series (ITKM)

Table of contents

  1. Front Matter
    Pages i-x
  2. Eamonn M. McAlea, Finbarr Murphy, Martin Mullins
    Pages 1-6
  3. Regulatory, Social and Legal Challenges

    1. Front Matter
      Pages 7-7
    2. Anthony Carroll, Martin Mullins, Finbarr Murphy, Eamonn M. McAlea, Karena Hester
      Pages 9-28
    3. Steven M. Hankin, Sheona A. K. Read
      Pages 29-49
    4. Vrishali Subramanian, Elena Semenzin, Alex Zabeo, Danail Hristozov, Ineke Malsch, Peter Saling et al.
      Pages 51-70
    5. Ineke Malsch, Martina Lindorfer, Isabella Wagner, Maria Lima-Toivanen
      Pages 71-92
    6. Ineke Malsch, Dorota Rutkowska-Zbik, Albert Duschl, Martin Himly, Thomas Zadrozny, Costas Kiparissides et al.
      Pages 93-115
    7. Karena Hester
      Pages 117-134
  4. Risk Assessment and Management

  5. Back Matter
    Pages 237-240

About this book


This book aims to address how nanotechnology risks are being addressed by scientists, particularly in the areas of human health and the environment and how these risks can be measured in financial terms for insurers and regulators. It provides a comprehensive overview of nanotechnology risk measurement and risk transfer methods, including a chapter outlining how Bayesian methods can be used. It also examines nanotechnology from a legal perspective, both current and potential future outcomes.

The global market for nanotechnology products was valued at $22.9 billion in 2013 and increased to about $26 billion in 2014. This market is expected to reach about $64.2 billion by 2019, a compound annual growth rate (CAGR) of 19.8% from 2014 to 2019. Despite the increasing value of nanotechnologies and their widespread use, there is a significant gap between the enthusiasm of scientists and nanotechnology entrepreneurs working in the nanotechnology space and the insurance/regulatory sector. Scientists are scarcely aware that insurers/regulators have concerns about the potential for human and environmental risk and insurers/regulators are not in a position to access the potential risk. This book aims to bridge this gap by defining the current challenges in nanotechnology across disciplines and providing a number of risk management and assessment methodologies.

Featuring contributions from authors in areas such as regulation, law, ethics, management, insurance and manufacturing, this volume provides an interdisciplinary perspective that is of value to students, academics, researchers, policy makers, practitioners and society in general.


Emerging Risk Underwriting Nanotechnology Nanotechnology Ethics Nanotechnology Law Risk Governance Risk Transfer

Editors and affiliations

  • Finbarr Murphy
    • 1
  • Eamonn M. McAlea
    • 2
  • Martin Mullins
    • 3
  1. 1.Dept. of Accounting and FinanceUniversity of LimerickLimerickIreland
  2. 2.University of LimerickLimerickIreland
  3. 3.Dept. of Accounting and FinanceUniversity of LimerickLimerickIreland

Bibliographic information

Industry Sectors
Chemical Manufacturing
Consumer Packaged Goods
Materials & Steel
Finance, Business & Banking