Clear investment decisions with the use of fuzzy logic

In his dissertation Relander examines the estimation of the success potential of Finnish software product companies using fuzzy logic. The dissertation is based on a wide survey of literature focusing on different success theories and models developed during approximately the last 25 years. On the basis of this analysis Relander concludes eight of the most central success factors which seem to contribute to the majority of the success variance.

The empirical portion of the research is based on 12 interviews, which validate the previously presented eight success factors. Validation is realized by means of the grounded theory method and the use of self-directing maps. In addition to interviews, the empirical portion includes a quantitative survey, which defines the parameters essential to fuzzy logic.

A concrete result of the dissertation is the production of a software program which enables venture capital investors to estimate the future success of their projected investments. The software is designed and constructed according to the principles of the design science policy and is being tested both in Finland and abroad. More broad and in-depth research is currently in progress and the next version of the software will be launched in the beginning of 2009.

Media Contact

Leena Vuorenmaa alfa

All latest news from the category: Information Technology

Here you can find a summary of innovations in the fields of information and data processing and up-to-date developments on IT equipment and hardware.

This area covers topics such as IT services, IT architectures, IT management and telecommunications.

Back to home

Comments (0)

Write a comment

Newest articles

High-energy-density aqueous battery based on halogen multi-electron transfer

Traditional non-aqueous lithium-ion batteries have a high energy density, but their safety is compromised due to the flammable organic electrolytes they utilize. Aqueous batteries use water as the solvent for…

First-ever combined heart pump and pig kidney transplant

…gives new hope to patient with terminal illness. Surgeons at NYU Langone Health performed the first-ever combined mechanical heart pump and gene-edited pig kidney transplant surgery in a 54-year-old woman…

Biophysics: Testing how well biomarkers work

LMU researchers have developed a method to determine how reliably target proteins can be labeled using super-resolution fluorescence microscopy. Modern microscopy techniques make it possible to examine the inner workings…

Partners & Sponsors