The measurement of the differences between the actual cash received by a firm and its actual cash expenditures. Only the flow of cash is measured. Non-cash transactions such as depreciation, amortization, credit sales and purchases on account are ignored. Someone who is willing and eager to create a new venture in order to present a concept tot he marketplace. Industries predicted to show abnormally rapid growth in the future.
Business incubators accelerate the successful development of entrepreneurial companies.
Incubators serve firms located together in an incubator building and, often, affiliate firms located outside the incubator. They provide flexible space, shared basic business services and, in many cases, assistance with financing. Intangible property usually developed from the knowledge, ideas and talent of the individuals. For example, patents, trademarks and trade names, copyrights, trade secrets, customers and customer lists, and valuable employees. Generally, rights to intellectual property can be legally protected.