Lappeenranta University of Technology was established in 1969. The university campus is situated on the shore of lake Saimaa, about 7 kilometres away from the city center. In the 1950s and 1960s, the Finnish government made plans to establish the University of Eastern Finland in Lappeenranta, but in the end it was decentralized in three cities: Lappeenranta, Kuopio, and Joensuu. Only departments of engineering were located in Lappeenranta at that time. The Department of Business Administration was established and teaching of economics began in 1991.Nowadays, LUT’s strategic focus areas are green energy and technology, the creation of sustainable competitiveness and operation as a hub of international Russian relations. Being located near the eastern boundary of Finland, the university also offers comprehensive know-how related to Russia. Furthermore, LUT cooperates closely with business life, and next to the university lies Technology Centre Kareltek. LUT is state run and state funded, like all other universities in Finland.In 2011 LUT started Green Campus -project. LUT Green Campus is a unique research and educational environment, where the university's expertise in energy as well as its own innovations are put to practical use. Green Campus is an example on how science and technology can be used to solve environmental problems and build a sustainable world.There are about 960 staff members and 6,900 students in the university. In LUT one can graduate in the following degrees: Bachelor of Science , Bachelor of Science , Master of Science , Master of Science , Licentiate of Science , Licentiate of Science , Doctor of Science , Doctor of Science , and Doctor of Philosophy. LUT has several internationally accredited Master´s programmes. Master's degree programme in International Marketing Management was awarded EFMD`s EPAS-accreditation for five years in 2012. EUR-ACE and ASIIN-accredited programmes LUT has in Chemical Engineering, in Energy Technology, in Environmental Technology,in Mechanical Engineering, in Electrical Engineering and in Industrial Management. Wikipedia.
Luukka P.,Lappeenranta University of Technology
Expert Systems with Applications | Year: 2011
Feature selection plays an important role in classification for several reasons. First it can simplify the model and this way computational cost can be reduced and also when the model is taken for practical use fewer inputs are needed which means in practice that fewer measurements from new samples are needed. Second by removing insignificant features from the data set one can also make the model more transparent and more comprehensible, providing better explanation of suggested diagnosis, which is an important requirement in medical applications. Feature selection process can also reduce noise and this way enhance the classification accuracy. In this article, feature selection method based on fuzzy entropy measures is introduced and it is tested together with similarity classifier. Model was tested with four medical data sets which were, dermatology, Pima-Indian diabetes, breast cancer and Parkinsons data set. With all the four data sets, we managed to get quite good results by using fewer features that in the original data sets. Also with Parkinsons and dermatology data sets, classification accuracy was managed to enhance significantly this way. Mean classification accuracy with Parkinsons data set being 85.03% with only two features from original 22. With dermatology data set, mean accuracy of 98.28% was achieved using 29 features instead of 34 original features. Results can be considered quite good. © 2010 Elsevier Ltd. All rights reserved.
Khan R.,Lappeenranta University of Technology
Applied Energy | Year: 2015
Small Hydro Power (SHP) is one of the most important renewable energy generation sources. It is a cost-effective technology that is being used for rural electrification in the developing countries including India. The Indian government is providing attractive initiatives to the private investors to promote faster development of SHP. Until now, a lot has been written about assessment, potential, advantages and the technical aspects of the SHP plants. However, the important business sustainability perspective has not been yet subjected to empirical analysis. Sustainable development involves three interconnected dimensions: social, economic and environmental sustainability. This paper attempts to investigate whether SHP business in India is a sustainable business. The study is based on the analysis of qualitative data acquired through 28 in-depth interviews with various actors that are connected to the SHP industry in India which include Independent Power Producers (IPPs), manufacturers, designers, consultants and representatives of various government organizations. The empirical material was collected in four states of India namely New Delhi, Himachal Pradesh, Uttarakhand and Jammu and Kashmir (J&K) in February, 2013. The data was acquired by individual in-depth interviews, group discussions and direct observation of one SHP plant. The results show that all the three dimensions of sustainability are being realized to a certain extent. However, utmost efforts have to be undertaken in order to call this sector completely sustainable. Both benefits and challenges in all these dimensions are highlighted and recommendations towards a sustainable SHP sector are provided. Further, this study also proposes suggestions for the interested investors. © 2014 Elsevier Ltd.
Ritala P.,Lappeenranta University of Technology
Journal of Product Innovation Management | Year: 2013
This study examines why some firms are better able than others to reap benefits from collaborating with their competitors in innovation. Whereas on the general level, collaborative innovation has been studied widely, and firm-specific success factors in collaboration between competitors (i.e., coopetition) have not been exhaustively addressed. Earlier literature describes coopetition as a risky but potentially rewarding relationship in which sharing, learning, and protection of knowledge are recognized as the key issues determining the possible benefits and hazards. This study provides evidence of factors related to this, suggesting that the firm's ability to acquire knowledge from external sources (potential absorptive capacity) and to protect its innovations and core knowledge against imitation (appropriability regime) are relevant in increasing the innovation outcomes of collaborating with its competitors. This study also distinguishes between incremental and radical innovations as an outcome of coopetition, and provides differing implications for the two innovation types. The empirical evidence for the study was gathered from a cross-industry survey conducted on Finnish markets. The data are analyzed with multivariate multiple regression analysis. The results of the analysis suggest that (1) potential absorptive capacity and appropriability regime of the firm both have a positive effect in the pursuit of incremental innovations in coopetition, and (2) in the case of radical innovations, appropriability regime has a positive effect, while the effect of absorptive capacity is not statistically significant. However, the results also indicate that there is a moderating relationship between these variables, in that the potential absorptive capacity is positively associated with creation of radical innovations within high levels of appropriability regime. These results yield important theoretical and managerial implications. As a whole, the results presented in this study provide new evidence on which types of firms can reap success in the challenging task of collaborative innovation with rivals. In the case of incremental innovation, a firm-level emphasis on knowledge sharing and learning will positively affect the results of coopetition, as will an emphasis on knowledge protection. Thus, when incremental developments are pursued in coopetition, firms should not only seek to exchange knowledge to create value but also remember to secure the firm-specific core knowledge within the firm's borders to stay competitive. On the other hand, when the firm is pursuing radical innovation with its rivals, the heaviest emphasis should be on protecting its existing core knowledge and also emerging novel innovations and market opportunities. Capabilities in knowledge acquisition are also beneficial in these cases, but the full benefits of knowledge exchange realize only when the firm's knowledge protection mechanisms are sufficiently strong, allowing for safe knowledge exchange between rivals. © 2012 Product Development & Management Association.
Agency: Cordis | Branch: H2020 | Program: CSA | Phase: INNOSUP-7-2015 | Award Amount: 1.69M | Year: 2016
Current research and practice on Open Innovation (OI) has not given emphasis on the ability of SMEs to develop and implement OI strategies - the lessons learned from large firms are not readily transferable to their context. INSPIRE aims to thoroughly investigate how OI is managed and organised in SMEs in order to leverage and expand the existing scattered initiatives and professionalize their services. The project seeks to understand in depth good practices of OI in SMEs across Europe, including the barriers they experience, the critical success factors and the open innovation pathways they follow. Good practices will be identified in all varieties of SMEs in terms of economic context, innovation trajectory (e.g. both high-tech and low-tech SMEs) and stage of lifetime. The understanding of good practices will allow the design, development and validation of an Integrated Toolbox for OI in SMEs to enable the professional management of OI by SMEs in various kinds of open innovation initiatives (e.g. facilitated by large corporations, private-public partnerships). The Toolbox will include good practices, indicators and management modules to support the internal innovation activities of an SME and their interaction with OI partners. The Toolbox will be modular and it will include three prototypical scenarios of usage that can be flexibly adjusted to individual needs of SMEs. The Integrated Toolbox will be developed as a web platform and it will be validated through a series of pilots in real life OI projects carried out by SMEs across Europe. Moreover, the project will develop a deployment plan for the Open Innovation System to initiate an EU-wide strategic engagement of innovation stakeholders and spread the practices of OI. The consortium includes a variety of competencies to access the whole Open Innovation chain across a range of geographical, economic and SMEs contexts and includes academics, practitioners and intermediaries working with SMEs on Open Innovation.
Agency: Cordis | Branch: H2020 | Program: RIA | Phase: NFRP-16-2015 | Award Amount: 2.05M | Year: 2015
The overall aim of the project is to create greater security of energy supply and contribute to the security of supply of nuclear fuel for Russian designed pressurized water reactors (VVER) operating in the EU by diversification of fuel sources in the short / medium term and in full compliance with nuclear safety standards. By that, the project addresses the topic NFRP 16 2015. The scientific objectives of the proposed project include increased knowledge concerning the behaviour of the VVER-440 fuel during operation. State-of-the-art methods will be verified against an extensive database, including operating experience from several VVER-440 reactors as well as a number of other reactor designs and a wide range of operating conditions. The ability to accurately predict the fuel behaviour will be improved and thereby also the safety margins. New knowledge as well as identification of needs of technology development and improvements will be created in the fields of technologies for mechanical design, thermo-mechanical fuel rod design, and safety analysis for VVER fuel. In addition to the technological advances, the project will identify the variation in licensing requirements between the authorities in the different countries. Through such identification, it will become clear that standardization would be beneficial and will foster a dialogue between the authorities/regulatory bodies. The new knowledge will be exploited through innovation processes but will also be used for further research and recommendation to policy makers as well as for creating impact among the target groups of the project. Results will be presented to the members of the VVER community, i.e. the utilities, universities and other organizations with close links to the nuclear energy industry. Articles and papers presenting the work and the results of the project will be targeted for nuclear industry, magazines and conferences.