| BioTech | NanoTech | RFID | |
| Idea Viability |
Almost all ideas controversial as it involves modifying nature |
Great Ideas, but long development times
|
Many potential ideas with shorter development times |
| Talent Availability |
Abundance of Talent, but retaining that talent can be an issue |
Shortage of talent and lots of turnover
|
Reasonable availability of talent and shorter development times eliminate fear of turnover |
| Funding Opportunities |
Venture Capital is hard to come, due to long product development times |
Being a glamorous technology, Funding is easier to get, inspite of longer product development time
|
Two-thirds of funding coming to IT area suggests funding is relatively easy to find |
| Federal Regulation |
Strict Regulations and lots of them |
Still in infancy stage. Company has chance to formulate them in co-operation with Government
|
Early Privacy concerns have paved the way for proper regulations |
| Return v/s Effort |
Great returns (50%) but longer product development times (up to 10 years) |
Potential of great returns but much longer product development times (up to 15 years)
|
Great returns due to need of middle ware. Shorter ROI times |
| Socio- Economic Factors |
Social, Economic and Political Factors can adversely affect profitability especially in Biotech |
Not much of immediate concern
|
Privacy violation is one of the biggest concern, easily addressed by avoiding consumer business segment |
Leave a comment