A growing body of literature in the area of business administration has focused on the phenomenon of decline. This book provides an easy to access summary on the nature and management of decline for academic scholars and business practitioners, and is essential reading for getting an overview of this broad field of research.

Antti Sihvonen is Lecturer in Strategy and Entrepreneurship at Jyväskylä University School of Business and Economics, Finland.

Juha-Antti Lamberg is Professor of Strategy and Economic History at the University of Jyväskylä, Finland.

Henrikki Tikkanen is A. I. Virtanen Professor of Consumer Research at Aalto University School of Business, Finland.

1. Introduction 2. Understanding declining industries and management during decline 3. Cluster and Business Ecosystem Decline 4. Decline and failure at the organizational level 5. Decline and its management across different levels of analysis