IDEAS home Printed from https://ideas.repec.org/h/spr/mgmchp/978-3-319-72757-8_9.html
   My bibliography  Save this book chapter

Failure in Startup Companies: Why Failure Is a Part of Founding

In: Strategies in Failure Management

Author

Listed:
  • Claas Triebel

    (PerformPlus)

  • Claudius Schikora

    (Hochschule für angewandtes Management)

  • Richard Graske

    (Siemens Learning Campus)

  • Sarah Sopper

    (University of Applied Management)

Abstract

The purpose of this paper is to provide an overview of the reasons for the failure of a company foundation. For this purpose, the current studies in this area are discussed. These studies clearly show that the number of startup companies has declined in recent years. In addition, the number of startup companies is lower than the number of company closures. This raises the question of how the failure of company foundations can be avoided. In the following, the individual studies are presented, in which possible causes for the failure of founding teams could be identified. The authors particularly examine studies on startup companies from which a typology of the failure of startups is derived. For the individual cells of this typology, examples are shown in detail below. Furthermore, it is investigated whether cultural differences of failure influence company foundations. The article finishes with conclusions for the practice, which should help future start-up companies not to commit the same mistakes.

Suggested Citation

  • Claas Triebel & Claudius Schikora & Richard Graske & Sarah Sopper, 2018. "Failure in Startup Companies: Why Failure Is a Part of Founding," Management for Professionals, in: Sebastian Kunert (ed.), Strategies in Failure Management, pages 121-140, Springer.
    • Handle: RePEc:spr:mgmchp:978-3-319-72757-8_9
    DOI: 10.1007/978-3-319-72757-8_9
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Efstathios Kaloulis & Dimitrios Zarakovitis & Athina Lazakidou, 2019. "Mapping Start-up Businesses and Analyzing the Perspectives of Establishing a Greek Healthcare Start-up Company," Business & Entrepreneurship Journal, SCIENPRESS Ltd, vol. 8(2), pages 1-1.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:mgmchp:978-3-319-72757-8_9. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.