Aalto University

Over the past 10 years, Aalto University has become one of the leading new Universities in Europe known for its advanced research and entrepreneurial culture. The current living strategy of the university emphasizes themes of sustainability, radical creativity and entrepreneurial spirit. Aalto is comprised of six schools: School of Arts, Design and Architecture, School of Chemical Technology, School of Business, School of Electrical Engineering, School of Engineering, and School of Science. Aalto is participating through four departments located at three different schools, as described below.

The Department of Communications and Networking (COMNET) in the School of Electrical Engineering is the largest research department in Finnish universities in this area. COMNET researches a broad spectrum of topics related to future mobile and internet technologies, ubiquitous computing, energy efficient internet, and techno-economics. In 2019, Aalto was ranked number 22 in the world and number 4 in Europe in Telecom Engineering in the Shanghai University subject ranking.

The Department of Management Studies in the School of Business educates strategic leaders with a strong ethical mindset for contemporary global business environments. Research activity is organised around five disciplines: organisation and management, international business, entrepreneurship, philosophy of management and organisational communication. The School of Business holds a Triple Crown status (The Association to Advance Collegiate Schools of Business, Association of MBAs, and The European Quality Improvement System–AACSB, AMBA, EQUIS) — an honor held by only few business schools worldwide.

The Department of Accounting in the School of Business is the leading accounting department in Finland. The research activities in the department are focused around four main areas: management accounting, financial accounting, corporate governance, and auditing. The department’s research profile is versatile in nature and members of the department rely on a number of qualitative, quantitative, and experimental research methods to explore and inform business relevant issues in all areas of accounting.

The Department of Industrial Engineering and Management in the School of Science focuses on creating new scientific knowledge for establishing new businesses and technology-driven transformation of large and small firms and of entire industries. DIEM ties together theory-driven and problem-oriented research as the basis for educating future managers, entrepreneurs, professionals, and scientists able to meet global challenges in technology-based business.

Key personnel

Apurva Ganoo

Doctoral researcher

Apurva is a doctoral candidate in the department of management studies at Aalto University. His research areas and interests include business models (with a focus on the data economy), entrepreneurial education, design thinking, and incorporating radical creativity practices within management education. Apurva completed his Bachelor’s in engineering, specializing in embedded systems, followed by a Master’s in International Design Business Management (IDBM).He has been a part of the IDBM faculty since 2019; serving as the community manager as well as being part of the teaching team for three of the courses. His work with IDBM and Aalto University has primarily focused upon developing and fostering the relationship with key stakeholders, and exploring strategic development opportunities for the programme. Apurva has previously worked in R&D projects and activities within the engineering and software industry.

Claudia Treuthardt

Claudia Treuthardt is an award-winning service designer with a business mind, a designer eye, and a creative core with over 20 years of professional experience in the digital industry.

Claudia is a co-founder of Mesensei, the GDPR compliant community platform for ecosystems which was a part of Aalto led consortium, GMeRitS awarded by the EIC with 1million euro prize for Blockchains for Social Good.

Claudia is driven by a curiosity for technology and passion for creating a better future.

Claire Shaw

Doctoral researcher

Claire Shaw is a doctoral candidate in the Department of Management studies. Her current research interests center on the possibilities of new technologies and their impact on organization. She has a background in education and education research, specifically focused on developing contexts.

Previously, she worked in roles related to research interaction in several projects funded by the EU and the Academy of Finland, on themes

András Rátonyi

Website designer and developer

András works as Communications Coordinator at the Department of Communications and Networking at Aalto University. He is responsible for designing, developing and maintaining the project website.

Tommi M. Elo

Researcher, Doctoral candidate

Tommi Elo is an information security and systems professional. He received the M.Sc. (Tech.) degree in computer science from the Helsinki University of Technology, Finland, in 2000. His current research interests and work include alternative currencies and other socio-technical systems, blockchains and DLTs, system dynamics, and information security and privacy.

Tommi Elo is currently pursuing the Ph.D. degree on blockchains with the Department of Communications and Networking, Aalto University. He has worked on numerous research projects at the Helsinki University of Technology and Aalto University, including TESSA, EU H2020 SOFIE and EU EMPIR SMARTCOM. He has also worked over a decade in information security of finance for a large cooperative bank. In ATARCA he co-designs anti-rival tokens with System Dynamics modelling and simulations.

Prof. Pekka Nikander

Professor of Practice

Professor Nikander has over 30 years of research and software development expertise. He is the founder of Nixu Ltd., today a leading computer and network security consultant company in Finland listed at Nasdaq OMX Nordic. Early in his career, he led Nixu for over 10 years, followed by another 10 years at various leadership roles at Ericsson Research, followed by 6 years in six different start-up companies, before being nominated as a professor at Aalto in 2017. Prof. Nikander is first and foremost a generalist in ICT. He has 30 years of experience, both at personal and at group-leadership level, on architecting, designing, and implementing secure and scalable distributed and decentralised systems, including protocol stacks. He has written some half a million lines of code, authored or co-authored over 100 refereed scientific articles, with almost 10000 citations,  and is the inventor or a co-inventor in some 20 priority patents.

Prof. Vikash Kumar Sinha

Assistant professor of accounting

Professor Sinha is an expert in risk management and internal auditing. Vikash holds a Ph.D. in Industrial Economics and Management from KTH Royal Institute of Technology and a Ph.D. in Management, Economics and Industrial Engineering from Politecnico Di Milano. Vikash’s research focuses on practices, standards, regulation and digital transformations (such as DLTs) of accounting and audit activities, especially risk management, internal audit, and corporate governance. His research specifically covers institutional, social, organisational and ethical aspects of accounting and auditing activities. In his academic pursuits, Vikash also draws on his 8+ years of experience in Management and Technology consulting focusing on Operational Automation, Financial Assessment, Transaction Advisory, and Risk Management for clients in Banking & Financial Services. 

Prof. Sinha a first-time participant to FET under H2020.

Dr. Ville Eloranta

Principal Investigator

Dr. Eloranta is an expert in business model innovation (ecosystem-level and platform business models), design management (connecting design paradigms to management practice), and transdisciplinary higher education.

Dr. Eloranta works in Aalto University, School of Business, and teaches future transdisciplinary professionals in the International Design Business Management program, and business executives in Aalto Executive Education. He is also involved in the development of Network University FItech: a transformative education endeavour of 7 biggest Finnish universities, Technology Industries of Finland, and TEK). In addition, Dr. Eloranta develops UNITE! – University Network for Innovation, Technology and Engineering, which educates a new generation of European students in science, technology and engi­neering, transcending the traditional engineering education, with an entrepreneurial mind­set.

Before joining academia, Dr. Eloranta worked nearly 20 years as a service designer and programmer, and design agency entrepreneur (founder of a 30-person company in 3 countries), solving digitalisation challenges especially for big B2B customers.

Dr. Eloranta is a first-time participant to FET under H2020.

Dr. Sonja M. Amadae

CO-Principal Investigator

Dr. Amadae is an expert on political economy and computational forms of governance.Dr. Amadae’s current research at the Center for the Advanced Study of the Social and Behavioral Sciences at Stanford analyses neoliberal forms of capitalism which are characterised by highly inequitable distributional outcomes.  She is conducting research on the Nordic Model of political economy as an alternative to the deregulated global movement of capitalism which has little regard for the inclusive flourishing of local communities and diverse constituencies.  Dr. Amadae’s experience with algorithmic governance includes the role of computational forms of rationality in public policy, and the cybersecurity risks of automated decision systems in nuclear command and control.

Dr. Amadae’s successful projects include the award-winning book Rationalizing Capitalist Democracy (University of Chicago Press, 2003, over 650 citations); and Prisoners of Reason: Game Theory and Neoliberal Political Economy (Cambridge University Press, 2016, over 100 citations).  Together these texts lay the basis for a paradigm change in political economic practices away from the hyper-individualism of strategic rationality to social forms of team reasoning and shared meaning-making. This research respects the important roles of advanced digital technologies for facilitating social exchange and governance, and also helps us to recognise its limitations for facilitating the sustainable and open access regeneration of culture and civilisation.  She is a first-time participant to FET under H2020.

Dr. Esko Hakanen

ATARCA Project Manager, Postdoctoral researcher

Dr. Hakanen has enjoyed a short but successful career in academia. His dissertation work, which focused on the effect of digital transformation on the business models of technology industry firms, was submitted for pre-examination less than two years after starting his postgraduate studies. As a vindication of the practical relevance of his research, he won the Pöyry Megatrend challenge in 2018 with the ideas presented in his thesis. During his short academic career, he has already published his work in an FT45-listed journal. 

With his colleagues, he already has an extensive background in the complex interplay of the business models between the firm and the ecosystem, and he will continue that research avenue in this project. 

Dr. Hakanen has a multidisciplinary background that he has actively utilised in his research career. Having a master’s degree in Materials Science has proven particularly useful for studying the business models change in the metals and mining industry. Dr. Hakanen is also affiliated with the Aalto Design factory. He has an H-index of 6. He is a first-time participant to FET under H2020.

Ulriikka Järvihaavisto

Doctoral candidate

Ulriikka Järvihaavisto is a Doctoral candidate at the Department of Industrial Engineering and Management at Aalto University. She will be defending her thesis during 2021. Her research focuses on the formation and orchestration of platform ecosystems. She is especially interested in organisational identity change in digital transformation. Her current research context includes industrial platform ecosystems as well as Google’s innovation ecosystem. In this project, she will explore the governance of decentralised platform ecosystems and study the organisational adoption of business models for anti-rival goods.

Her research work has been awarded with the Strategy Prize 2018 by the Strategic Management Society of Finland and she is a wanted platform ecosystem speaker among Finnish industrial companies and organisations. She is currently part of Digital Disruption of Industry -project funded by the Strategic Research Council at the Academy of Finland.

Ulriikka Järvihaavisto is a first-time participant to FET under H2020.

This project has received funding from the European Union's Horizon 2020 research and innovation programme under grant agreement No 964678. The content of this website does not represent the opinion of the European Union, and the European Union is not responsible for any use that might be made of such content.