EDUPERNEURIAL DEATHS IN THE MANAGEMENT IN THE SUBURBAN AREAS OF NORTH INDIA : REASONS AND REMEDIES

Abstract

Most micro and small enterprises (MSEs) have a limited organizational structure, financial resources, technology, and management strategies. Due to these limitations, there are many risks in this industry. Understanding the aspects contributing to mortality risk among MSMEs is essential to guide entrepreneurs in developing strategic measures and help governments develop policies that support the creation of new businesses. To do this, it is necessary to know the key factors contributing to business mortality risk. The current state of business mortality in MSE? What are the factors that contribute to the risk of mortality in MSE? What is the relationship between factors that contribute to mortality risk in MSE? This research aimed to analyze the risk factors for MSE mortality and how they are related. The current situation in entrepreneurial mortality in MSE was documented, and its risk factors were identified. One hundred and six articles published from January 2000 to February 2021 were analyzed. The results showed 36 mortality risk factors and highlighted the risks associated with innovative processes, business management, and entrepreneur characteristics. This study contributes to the theoretical framework on corporate mortality and provides an agenda for future research that indicates gaps that need to be explored. Regarding managerial implications, we suggest that entrepreneurs prioritize educational initiatives, invest in education, have SMEs participate in collaborative networks to establish partnerships between stakeholders, and invest in technological tools to make companies more competitive in the market.