An Overview of the Literature on Startups Failure: Trends and Contributions

Abstract

The concept of startups or the whole idea is more of a new venture. It in general, creates more employment by incorporating innovative ideas as well as replicable models from the past. They?re capable of achieving great growth with exclusive cash-flow but the bitter truth is that 90% of startups get failed. This study discusses the findings of a systematic review of literature on Failure of Startups from 2000-2017. A multi-method approach which includes the bibliometrics, content analysis and semantic analysis was applied. The findings indicate that there are several reasons for the failure of startups in India and outside. The definition of startups have been given and several theories have been put forward which relates the relationship between variables and startup failure.

Keywords: Startup, Startup Failure, Entrepreneur, Review, Entrepreneurship Failure