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Governments and start-upsKiss of Death?
Juha Ruohonen
Advising Governments
VC
Serial Entrepreneur
Myths and Reality
Startups Lack Funding
Startups Lack Competence
R&D Funding Creates Growth
VC Funding Creates Growth
Patent is an Outcome
Patent is a Sunk Cost
Business Plan is needed for Business
No Business Plan Survives First Contact With Customer
You Need a Plan?
You Need a Pivot
Comparison
Research vs. Business Development
Direct vs. Indirect
Tax Breaks vs. Other Incentives
Failure vs. Success
Conclusion
System vs. Ecosystem
Startup Entrepreneurship is a State of Mind