TECHNOLOGY FOCUS - ORGANIC CHEMISTRY - Preferred Processes: The synthesis method of nanostructure further involves degassing the mixtures (A,B) respectively. The heating step is performed in an argon atmosphere, and at elevated temperature (T). The indium myristate is synthesized by treating indium acetate with myristic acid to form a complex, and heating the complex to about 140degrees C for about six hours to allow the growth of indium myristate in an argon atmosphere. The synthetic nanostructures comprise a reaction product of chemical reactions performed at an elevated temperature (T). The chemical reactions comprise reaction (a): Indium acetate (In(Ac)3) reacts with carboxylic acid (RCOOH) to obtain ester compound (In(RCOO)x(Ac)3-x) and hydrogen acetate (HAc), and reaction (b) comprising one or more reaction (I): A ester compound (Z) reacts with water to obtain indium oxide and carboxylic acid (RCOOH) and reaction (II): A ester compound (Z) reacts with alcohol (R'OH) to obtain indium oxide and ester compound (RCOOR'). The chemical reaction (i) is a hydrolysis process that is reversible, and where the chemical reaction (ii) is an alcoholysis process that is irreversible. Preferred Compounds: The carboxylate salt comprises cobalt acetate hydrate, cobalt chloride hydrate, cobalt myristate, indium acetate, indium myristate, indium stearate, manganese acetate hydrate, manganese chloride hydrate, manganese stearate, zinc acetate, or zinc stearate, preferably, cobalt myristate, indium myristate, indium stearate, manganese stearate, or zinc stearate. The activation reagent comprises alcohol or amine, and where the alcohol includes decyl alcohol or 1-octadecyl alcohol. The hydrocarbon solvent comprises 1-octadecene. The mixture (A) further contains an amount (L) of a fatty acid ligand. The fatty acid comprises myristic acid or stearic acid. Preferred Conditions: The temperature (T1) is 90-180degrees C, and temperature (T2) is 170-330degrees C. The period of time effective is in the range of from 1 minute to 12 hours. Preferred Properties: The nanostructures are in the form of single crystalline and nearly monodisperse nanocrystals. The nanostructures are in the form of dot-shaped nanocrystals having size of 1-20 nm. The nanostructures are in the form of nanoflowers having size of 10-100 nm. The reaction mixture enables critical ligand protection (mu ) associating with chemical structure of the carboxylate salt. The molar ratio of the fatty acid ligand to the carboxylate salt is defined by alpha =L/P such that when alpha is less than mu , the reaction mixture is in a limited ligand protection domain, and when alpha is greater than mu , the reaction mixture is in a sufficient ligand protection domain, respectively. The nanostructures are in the form of dot-shaped nanocrystals when the reaction mixture is in the sufficient ligand protection domain. The nanostructures are in the form of nanoflowers when the reaction mixture is in the limited ligand protection domain. The nanoflowers are changeable to faceted nanodots when the reaction mixture is continuously heated to a temperature higher than the elevated temperature (T).