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Prabandhan: Indian Journal of Management

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Contextualizing Sustainability with Reference to Startups

Open Access Original Article

Contextualizing Sustainability with Reference to Startups

Khushboo Sharma1,  Himendu Prakash Mathur2

1 Institute of Management Studies, Banaras Hindu University, Aurobindo Colony, Varanasi - 221 005, Uttar Pradesh

2 Institute of Management Studies, Banaras Hindu University, Aurobindo Colony, Varanasi - 221 005, Uttar Pradesh

Volume 15
Issue 7
Pages 8–23
Year 2022
Received: Oct. 20, 2021 Accepted: May 20, 2022 Published: July 1, 2022
Abstract

A wide array of sustainability definitions is available in literature but insufficiently support defining the sustainability of startups. To overcome this gap, the study synthesized the concept of sustainability from various angles. It identified constructs based on which 13 experts from academia and industry were interviewed, asking for their opinion on the concept. The respondents were approached through LinkedIn and mail for personal interviews. A semi-structured questionnaire was used as the research instrument, and interviews were held virtually. The interviews were transcribed further for thematic content analysis. The findings of the study suggested that the definition of sustainability in the context of a startup can be constructed on the following themes: value creation along with wealth creation, innovative business model, economic and social gains, ability to survive on own funds, resilience, consistent coverage of the cost of operations, overheads & on-costs, spatial and temporal extent. The paper is an original contribution that defines the path for future research in the area to explore factors affecting a startup's sustainability to reduce startups' high mortality rate.

Keywords Sustainability Startups COVID-19 Entrepreneurship Business Continuity>
How to Cite

Khushboo Sharma, Himendu Prakash Mathur (2022). Contextualizing Sustainability with Reference to Startups. Prabandhan: Indian Journal of Management, 15(7), 8–23. https://doi.org/10.17010/pijom/2022/v15i7/170788

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