1. – Sri Balaji University, Pune, Maharashtra, India.
2. – Sri Balaji University, Pune, Maharashtra, India.
| Received
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Accepted
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Published
17-Nov-2025 |
Abstract
This thesis explores a complex and under-researched dimension of the Indian business ecosystem: how managers respond to business decline and failure. While failure and entropy are inevitable features of socio-economic entities, India’s unique socio-economic and institutional landscape of business creates distinct challenges and responses that have yet to be adequately documented or theorized. Anchored in grounded theory and qualitative methods, this study unfolds through a journey that begins with building conceptual clarity, travels through methodological discovery, and culminates in new insights for business resilience.
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