# Centre of Innovative Nanostructure and Nanodevices
**Source**: https://www.utp.edu.my/Pages/Research/Centre%20Of%20Excellence/02%20COINN/Centre-of-Innovative-Nanostructure-and-Nanodevices.aspx
**Parent**: https://www.utp.edu.my/Pages/Research/Centre%20Of%20Excellence/Centre-of-Excellence-(COE)-.aspx
Nanomaterials present a tremendous opportunity to generate a host of new products that could energise the economy,
solve major societal problems, revitalise existing industries, and create entirely new businesses. The opportunity
arises as the result of the unique properties (e.g., physical, magnetic, optical, chemical, mechanical, electronic,
biological) of materials when they are at nanoscale (1 to 100 nm) size. To realise fully the broad economic benefits
of nanomaterials, a novel solution-oriented approach to materials development — nanomaterials by design needs to be adopted.