The start-up lifecycle: an interpretative framework proposal

This paper is aimed at understanding, by considering a process theory perspective, whether start-ups can be conceptualized in a lifecycle model intended as a not predictable sequence of stages, where key activities and resources are necessary for supporting effective transition from the stages prior to the start-up (launch) up to the consolidation/expansion stage. Following a multiple case study approach, the empirical evidences seems to confirm that the tentative lifecycle model proposed is able to grasp the different aspects of the stages that characterize the evolution of the start-ups from ideation to consolidation. The proposed model seems to fit the evolutionary path of the start-ups and is able to favour the analysis, planning and management of flourishing start-ups development.