Conceptualization Lifecycle of Business Incubators

Abstract

Business incubators are a special form of commercial institutions in contemporary economics. On the one hand, they have to be a platform of the new enterprises composition, and on another to serve as an independent reference point of steady functioning and development on the basis of overcoming different problems. Introduction reveals actuality of lifecycle theory using as forecasting of business units locates activity. The present paper suggests that the basis of economic security of activity is guarantee stability of growth at each stage of the organization development. Drawing on extensive literature review, the possibility of replacement of an equifinality reference point of the enterprise development to permanent is defined on the research basis of the various continuance business cycles. It enables to provide stability in development of the business units in long-range outlook.

DOI: 10.5901/mjss.2015.v6n6s7p300