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khamar
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BEST ANSWER  chosen by asker   |  khamar  |  January 26, 2009 06:00 PM
Advanced and capable, nano- and micro-scale machines and computers. (see reference for tons of discussion.)

CRN has a preferred definition:
  • 'Nanotechnology' is the engineering of functional systems at the molecular scale.* This covers current work and concepts that are more advanced.

    In its original sense, nanotechnology refers to the projected ability to construct items from the bottom up, using techniques and tools being developed today to make complete, highly advanced products.

source(s):
http://www.nanotech-now.com/introduction.htm

CRN: http://crnano.typepad.com/crnblog/2004/05/what_is_nanotec.html

Dr. Ralph Merkle: http://www.zyvex.com/nano/

Transcript of "the classic talk that Richard Feynman gave on December 29th 1959"
http://www.zyvex.com/nanotech/feynman.html
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drmatt
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drmatt  |  January 26, 2009 06:00 PM
Nanotechnology, which is sometimes shortened to "Nanotech", refers to a field whose theme is the control of matter on an atomic and molecular scale. Generally nanotechnology deals with structures of the size 100 nanometers or smaller, and involves developing materials or devices within that size.

Nanotechnology is extremely diverse, ranging from novel extensions of conventional device physics, to completely new approaches based upon molecular self-assembly, to developing new materials with dimensions on the nanoscale, even to speculation on whether we can directly control matter on the atomic scale.
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2020 scien...
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2020 science  |  January 26, 2009 06:37 PM
The chemist, nanotechnologist and Nobel laureate Richard Smalley described nanotechnology as

"The art and science of building stuff that does stuff at the nanometer scale"

In a nutshell, it's all about manipulating and engineering matter at an incredibly small scale (just a little larger than individual atoms) to either extend what can be done with existing technologies, or to create brand new technologies.
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