Search results for "senior entrepreneurship"
showing 2 items of 2 documents
Opportunity- and Necessity-Driven Self-Employment Among Older People in Finland
2017
To date, few empirical studies have attempted to highlight the impact of the socio-economic characteristics of older entrepreneurs according to whether they are driven by necessity or opportunity. Tervo and Haapanen contribute to the economics of ageing by showing that opportunity- and necessity-driven senior entrepreneurs differ in terms of socio-economic characteristics. This chapter utilizes a longitudinal data set from Finland. Individuals aged between 55 and 70 entering self-employment are grouped in terms of pull and push motivations. Profiles of entrepreneurs are developed using personal, family, and environmental characteristics. The results show that opportunity-driven older self-e…
Starting a new business later in life
2014
Self-employment in later life may be either a career option or a form of partial retirement. This paper adds knowledge about those individuals who start a business when they are older. A large longitudinal data set is utilized to examine the transitions of individuals aged 55–74 to self-employment in Finland. The significance of prior activity as well as personal, household, financial, and environmental characteristics is analyzed for the transitions. The results show that most of those entering self-employment in later life have prior self-employment experience, thus suggesting that entrepreneurship at later ages is often habitual. Habitual entrepreneurs deviate from novice entrepreneurs i…