ENTERPRENEURSHIP DEVELOPMENT

KRUNAL MESHRAM 260614

Factors for selection of product

Import restrictions
Congruency in experience and product Degree of profitability Tax exemption, incentives associated

 Procurement from SMEs

Market potential Licensing/ de-licensing of product Manufacturing location

 OEM ancillary units

Man power availability skilled & unskilled Technological environment suppliers & environmental experts

Methods for obtaining products

Internal development
Discovering and developing new products by firm itself Desirable means

licensing
Securing right to produce the product from a patent holder Contractual arrangement

acquisition
Buying the firm the developed or patented product Expensive way