Nootropics are considered "cognitive enhancers" or "smart
drugs." They increase brain function by (yes), improving blood
circulation in the brain, but they also improve the function of the
neurotransmitter acetylcholine via muscarinic cholinergic (ACh)
receptors which are implicated in memory processes. Furthermore,
they have an effect on NMDA glutamate receptors which are involved
with learning and memory processes. Nootropics influence neuronal
and vascular functions and increase cognitive function, while at
the same time providing a natural source of energy to keep you
alert and motivated.
See link below for further information on nootropics.