ePrints@IIScePrints@IISc Home | About | Browse | Latest Additions | Advanced Search | Contact | Help

Tech startup failure in India: Do lifecycle stages matter?

Kalyanasundaram, G and Subrahmanya, MhB and Ramachandrula, S (2021) Tech startup failure in India: Do lifecycle stages matter? In: 11th Annual International Conference on Industrial Engineering and Operations Management, IEOM 2021, 7-11 Mar 2021, pp. 534-546.

Full text not available from this repository. (Request a copy)

Abstract

Tech startups bring innovative products and services to the market, and entrepreneurs manage numerous challenges across startups' lifecycle stages. More than 90 of the startups experience failure despite the support from a startup ecosystem, and therefore, it throws open the following research questions. Why do tech startups fail? What are the causal attributes of startup failure across the lifecycle stages? What are the causal attributes that differentiate a failed tech startup from a successful one? Against this backdrop, this comprehensive study explored the causal attributes of startup failures in India, with the following two specific objectives: (i) Do causal factors vary within the lifecycle stage? and (ii) What are the attributes that differentiate a failed tech startup from a successful one? We gathered primary data from 151 cofounders and analyzed using binomial logistic regression and identified causal attributes of startup failures. The startup's lifecycle stage plays a significant role and implies how entrepreneurs prioritize and allocate resources to maximize their returns. The other causal attributes that are statistically significant are revenue, product market fit, product roadmap, market promotion, conflict with investors, level of confidence at execution, extent of focus on current startups, and entrepreneur�s experience level. © IEOM Society International.

Item Type: Conference Paper
Publication: Proceedings of the International Conference on Industrial Engineering and Operations Management
Publisher: IEOM Society
Additional Information: The copyright for this article belongs to IEOM Society
Department/Centre: Division of Interdisciplinary Sciences > Management Studies
Date Deposited: 03 Dec 2021 08:17
Last Modified: 03 Dec 2021 08:17
URI: http://eprints.iisc.ac.in/id/eprint/70178

Actions (login required)

View Item View Item