When Businesses Test Hypotheses - A Four-Step Approach to Risk Management for Innovative Startups
Verlag | ibidem |
Auflage | 2024 |
Format | 14,8 x 0,7 x 21,0 cm |
Taschenbuch | |
Gewicht | 180 g |
Artikeltyp | Englisches Buch |
Reihe | Ukrainian Voices |
ISBN-10 | 3838218833 |
EAN | 9783838218830 |
Bestell-Nr | 83821883A |
In the ever-evolving landscape of startups, risks and opportunities draw in creative and entrepreneurial individuals who strive to realise their visions. While much of this occurs concealed from the gaze of the public, innovation has transformed from an enigmatic black box into a predictable and manageable process-provided one possesses the right tools and knows where to look and what actions to take.The method presented here for evaluating and managing startup risks is geared towards the uncertain world of innovative startups and enables entrepreneurs and investors to navigate it more confidently. The book introduces an agile non-cash-flow-based methodology for startup valuation, offering practitioners a holistic risk and innovativeness assessment tool enabling quantification of a startup's potential for exponential growth throughout its lifecycle. The proposed Hypothesis Testing Method covers underlying assumptions rooted in the five primary hypotheses accounting for the lifecyc le stages and potential contingencies of a startup venture.This guide will be invaluable to practitioners seeking to navigate the complexities of innovation, harnessing the potential of cutting-edge startups, and shifting the traditional capital-at-risk approach towards an opportunity-at-risk mindset, fostering a healthier investment culture and facilitating the advancement of transformative technologies.
Rezension:
"This is an extraordinary book that unveils the secrets of navigating the world of startups and innovation. I wholeheartedly recommend this exceptional resource to practitioners seeking to contribute to the advancement of our society." -Serhiy Kvit, President, National University of Kyiv-Mohyla Academy