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Home > Business and Economics > Business and Management > Business innovation > When Businesses Test Hypotheses: A Four-Step Approach to Risk Management for Innovative Startups(52 Ukrainian Voices)
When Businesses Test Hypotheses: A Four-Step Approach to Risk Management for Innovative Startups(52 Ukrainian Voices)

When Businesses Test Hypotheses: A Four-Step Approach to Risk Management for Innovative Startups(52 Ukrainian Voices)


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About the Book

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.

About the Author :
Dr Dmytro Shestakov studied Executive Business Administration at London Business School and Finance at Kmbs. With over 17 years of experience in Deeptech, Fintech, Edutech, Foodtech, Deftech, and Cybersecurity, he is currently a Partner and Chief of Product at the ScienceTech startup ReviewerRcedits.com as well as an expert for the Ukrainian Startup Fund. Previously, Shestakov held a professorship at the Kyiv-Mohyla Academy and worked with innovation centres like DARPA (USA) and DRDO (India). He was also involved in the launch of the biggest innovation park in East-Central Europe UNIT.City and Energy Efficiency Fund of Ukraine. His articles have been published by, among other periodicals, the Journal of Economics and Management Sciences and Business Inform. Andreas Umland, M.Phil. (Oxford), Dr.Phil. (FU Berlin), Ph.D. (Cambridge), Research Fellow at the Swedish Institute of International Affairs in Stockholm, Senior Expert at the Ukrainian Institute for the Future in Kyiv, and Associate Professor at the National University of Kyiv-Mohyla Academy. Dr Anthony J. Tether is the former Director of the US Defense Advanced Research Projects Agency (DARPA).

Review :
“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


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Product Details
  • ISBN-13: 9783838278834
  • Publisher: ibidem-Verlag, Jessica Haunschild u Christian Schon
  • Publisher Imprint: ibidem-Verlag, Jessica Haunschild u Christian Schon
  • Language: English
  • Series Title: 52 Ukrainian Voices
  • ISBN-10: 3838278836
  • Publisher Date: 08 Apr 2024
  • Binding: Digital download
  • No of Pages: 136
  • Sub Title: A Four-Step Approach to Risk Management for Innovative Startups


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When Businesses Test Hypotheses: A Four-Step Approach to Risk Management for Innovative Startups(52 Ukrainian Voices)
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