The Strategies for Developing Sustainable High-Tech Startups
$ 38.5
Description
In recent decades, more and more startups are mushrooming, with modernization and creativity brought about by digitalization. They are technology-based startups. They provide outsize contributions to employment, innovation exports, productivity growth and spurs to innovation. However, only 10% of new ventures are able to survive the first three to five years after their launch, due to the so-called “Valley of Death.”
To address the problem of the Valley of Death, a list of strategies is provided in this book. These strategies are based on the lessons from Finnish high-tech startups. The lessons are derived from various empirical studies between 2012 and 2021. The study participants are successful entrepreneurs who hold various position in their companies, for example chief executive officer, chief operation officer, innovation manager, research manager, and business development manager. Similarly, the study participants include many startup founders, co-founders, business advisors, technologists (scientists and engineers) and technology transfer officers.