Based On The Growth Of Private Enterprises Of The Corporate Life Cycle Theory Research

Since reform and opening up, China's private enterprises have experienced a period of rapid development. Both in quantitatively and scale, private enterprises have a qualitative leap .The private economy has become an important component of the national economy, increasing contributions to the national economy. However, the vigorous development of private enterprises in the meantime, exposes more and more many questions. The property right question, the financing question, the private entrepreneurs are hindering the healthy growth of private enterprise and the extension of the life cycle. According to statistics, there are 150,000 private enterprises throughout the country each year birth, 100,000 deaths each year and more than 60% of private enterprises in the five years of bankruptcy, 85% of the deaths in the 10 years, the average life expectancy of only 2.9 years. The history of the development of China's private enterprises opened, a large number of private enterprises are still repeating the "pioneering-rising-declining" growth Trilogy. Therefore, the research of private enterprise's growth question and "short-lived" phenomenon has the vital significance.This article from the angle of enterprise life cycle researches private enterprise's growth question, for the healthy development of private enterprises to provide strategic thinking .The article through to enterprise growth and the enterprise life cycle theory research, unifies the growth and the life cycle present situation of private enterprises, the selection enterprise growth and enterprise life these two basic variables, has constructed private enterprises ' life cycle model. The model divides into the private enterprises' life cycle 5 stages: the courtship stage, the exploration stage, the growth stage, the maturation stage and the decline stage. The article maintains that private enterprises in the life cycle of each stage has a different growth objectives and modalities, and at each stage it will face a series of risks and problems, to correctly understand and deal with these issues and risks is the growth of private enterprises in...