Recently we assisted a strong renewed interest in the fascinating field of molecular spin crossover complexes by (1) the emergence of nanosized spin crossover materials through direct synthesis of coordination nanoparticles and nanopatterned thin films as well as by (2) the use of novel sophisticated high spatial and temporal resolution experimental techniques and theoretical approaches for the study of spatiotemporal phenomena in cooperative spin crossover systems. Besides generating new fundamental knowledge on size-reduction effects and the dynamics of the spin crossover phenomenon, this research aims also at the development of practical applications such as sensor, display, information storage and nanophotonic devices. In this critical review, we discuss recent work in the field of molecule-based spin crossover materials with a special focus on these emerging issues, including chemical synthesis, physical properties and theoretical aspects as well (223 references).

Nanoscale spin crossover materials capable of undergoing reversible switching between two electronic configurations with markedly different physical properties are excellent candidates for various technological applications. In particular, they can serve as active materials for storing and processing information in photonic, mechanical, electronic, and spintronic devices as well as for transducing different forms of energy in sensors and actuators. In this progress report, a brief overview on the current state-of-the-art of experimental and theoretical studies of nanomaterials displaying spin transition is presented. Based on these results, a detailed analysis and discussions in terms of finite size effects and other phenomena inherent to the reduced size scale are provided. Finally, recent research devices using spin crossover complexes are highlighted, emphasizing both challenges and prospects.