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Many countries in Latin America have made nanotechnology a development priority in their public policy platforms. The main feature of these public policies is to provide support for nanotechnology research and development, aiming to forge ties between public institutions and universities and the private sector, to boost innovation and competitiveness. These public policies do not take into account the global context of strong capital concentration in which nanotechnologies emerge, and which makes it difficult to be competitive within the framework laid out by these public policies to develop these technologies. This paper analyzes the direction of public policy in the international context, and also suggests policy alternatives. [ABSTRACT FROM AUTHOR]