Nanotechnology Summary
BioTech | NanoTech | RFID | |
Idea
Viability | Almost all
ideas controversial as it involves modifying nature | Great Ideas, but long development times | Coming
Soon |
Talent
Availability | Abundance
of Talent, but retaining that talent can be an issue | Shortage of talent and lots of turnover | Coming
Soon |
Funding
Opportunities | Venture
Capital is hard to come, due to long product development times | Being a glamourous technology, Funding is easier to get, inspite of longer product development time | Coming
Soon |
Federal
Regulation | Strict
Regulations and lots of them | Still in infancy stage. Company has chance to formulate them in co-operation with Government | Summary of Biotechnology and Nanotechnology factors:
Coming
Soon |
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) | Coming
Soon |
Socio-
Economic Factors | Social,
Economic and Political Factors can adversely affect profitability especially in Biotech | Not much of immediate concern | Coming
Soon |
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