Old thinking was that gold, while good for jewelry, was not of much use for chemists because it is relatively nonreactive. That changed a decade ago when scientists hit a rich vein of discoveries revealing that this noble metal, when structured into nanometer-sized particles, can speed up chemical reactions important in mitigating environmental pollutants and producing hard-to-make specialty chemicals.
In the early 1980s, the Department of Energy’s Oak Ridge National Laboratory was just beginning to explore transfer of technology from the lab to industry. Now it's the norm, and one historical example illustrates the long-term benefits.