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