04491oam 2200769 c 450 991098462810332120260202090927.097838382788343838278836978383821883038382188339783838278834(OCoLC)1451536085(OCoLC)1446803087(CKB)5590000001321787(MiAaPQ)EBC31526073(Au-PeEL)EBL31526073(ibidem)9783838278834(EXLCZ)99559000000132178720260202d2024 uy 0engurcn#|||maa|atxtrdacontentcrdamediacrrdacarrierWhen Businesses Test HypothesesA Four-Step Approach to Risk Management for Innovative StartupsDmytro Shestakov, Andreas Umland, Anthony J. Tether1st ed.Hannoveribidem20241 online resource (137 pages) color illustrationsUkrainian VoicesPrint version: Shestakov, Dmytro. When businesses test hypotheses. Stuttgart : Ibidem-Verlag, [2024] 9783838218830 (OCoLC)1435564332 Includes bibliographical references.Intro -- Foreword by Anthony J. Tether -- Annotated Table of Contents -- Introduction -- I. The Strategic Flexibility of Startups -- Innovation and Startup Management -- Evaluating Uncertainty and Risks -- Applied Logic of Real Options -- Differentiating Innovations -- II. The Hypothesis Testing Method -- Assessing Strategic Options -- The Hypothesis Testing Framework -- Four-step Hypothesis Testing Method -- III. Startups and Economic Prosperity -- The Secret Sauce of the Israeli Miracle -- Piloting Silicon Valley -- Postwar Economic Recovery -- Afterword -- References.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 lifecycle 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.“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 AcademyUkrainian voices (Stuttgart, Germany) ;Volume 52.2940-3839BusinessManagementRisk ManagementStartupEconomicÖkonomieWirtschaftBusinessManagementRisk ManagementStartupEconomicÖkonomieWirtschaft658.421Shestakov Dmytroaut1793518Umland AndreasDredtTether Anthony JauiN$TN$TN$TOCLCOYDXEBLCPUKAHLCGUMiAaPQCaOWtUBOOK9910984628103321When Businesses Test Hypotheses4413552UNINA