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Original Articles

Parameters for Assessment of Electronic Opportunities

(Member) &
Pages 184-189 | Published online: 11 Jul 2015
 

Abstract

In the growing economy of India, the field of electronics has become an attractive area for investment. Due to its fast growth and sophistication, electronics attracts young, dynamic and technical entrepreneurs. However, this attraction is a double-edged sword. The technical sophistication itself demands a careful assessment of all factors to ensure a selection of the optimum opportunity. An entrepreneur would be well advised to make a knowledgeable Techno-Economic Analysis before investing large sums of money in a given field.

Electronics field is classified into over 200 items in a meaningful manner. The selection of particular items from this large lot is dependent upon about ten important parameters which can be identified. The business objectives of the entrepreneur are used as a guide to place numerical values to these parameters which then total up to an “Opportunity Rating.”

Entrepreneur preference from a list of “top ten” items serves as a means of narrowing down to final choices.

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