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A long road down- The process of startup failure

  • Timothy Olsena(Author)
    ,
  • Monia Kouki-Blockc(Author)
    ,
  • Gaurav Guptad(Author)
    ,
  • Mikko Rönkköb(Author)
Research Output: Chapter in Book/Report/Conference proceeding Conference contribution

Abstract

The investigation of startup failures has gained much interest as startups are a driver of growth and most tend to fail. The aim of this study is to identify the patterns of startup failure by developing a process model of the different phases involved. By analyzing over 200 post-mortem reports, critical events can be identified and classified. Further, an identification and comparison of the patterns of failure will allow a deeper insight into the process of startup failures and allows us to understand the events leading to this failure.