Author: Heikki Immonen
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Evaluating Profitability with Reverse Income Statement
Reverse income statement is a very good and intuitive way to evaluate the profitability of…
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Process of innovation is about balancing investments with the level and type of uncertainty
Exploration and innovation are always costly activities. What makes it even more challenging is the…
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Understanding the difference between reality and model of reality (knowledge) is perhaps the most important lesson in innovation
In this article you will learn about a powerful concept that helps you become a…
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A problem is defined as the difference between how things are and how they should be, and the relevant knowledge needed to produce a good solution
This article will tell you how do define a problem and what you need to…
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October 2022 Joensuu Draft call results and tips for future applicants
Out of the seven teams selected for the first phase, six teams are led by…
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Sales and starting up – lessons from photonics entrepreneur-scientist Jyrki Saarinen
Before Jyrki Saarinen became a professor, he was a very successful high-tech entrepreneur in Europe…
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How good is your business model’s product-market fit, feasibility and profitability?
You have your business model in place. Do you know it’s any good? Heikki Immonen,…
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Your surrounding business environment can be a boost and a hurdle
Regulations, competition, business support services and external funding opportunities are all parts of the business…
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Start moving forward with your business plan by acknowledging that your experience is limited
The more innovative and creative your business idea is, the more humble your implementation strategy…
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Use business model to design your business by focusing on what you can change and control
What is a business model and what is it’s relevance for an entrepreneur? Learn it…