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event attracted plenty of interest. Moreover, the Institute prepared and piloted the Finnish implementation of the global Sustainability Literacy Test, to be taken by all students of the business school and promoted to other relevant educational institutions.

The Institute is responsible for executive education at Oulu Business School. With regard to digital business, the Institute has played an important role in planning and conducting joint research projects, involving not only a joint professorship in Digital Service Business with VTT, but also the first European H2020 project in which Oulu Business School participates, as well as a sizable portfolio of Tekes-funded (Tekes – the Finnish Funding Agency for Innovation) projects carried out with companies and other research institutions.

Energy Economy is a new area of interest in the Institute, based largely on the joint research professorship with the Finnish Environment Institute SYKE, but also on one of the four research groups of the Institute devoted to this area. The other groups focus on new information system-driven applications, service architectures and businesses, and corporate governance. In addition to the research groups and projects, the Institute provided several scholarships for selected doctoral students. The scholarships were spent on supporting personal scientific research towards

doctoral dissertations in a number of topics related to the global economy and international business and, in 2014, to facilitate visits to research institutions and conferences abroad. Oulu universities’ entrepreneurship hub Business Kitchen – established and managed by the Institute together with other parties – represents a somewhat different setting in terms of new businesses. It has proven to be a very important regional asset and become known as a brand under which not only start-up companies but also entrepreneurship and open innovation in more

Annual Report 2014  
Annual Report 2014  
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