Entrepreneurship in the third age: retirees' motivation and intentions
by Eli Gimmon; Ronit Yitshaki; Shira Hantman
International Journal of Entrepreneurship and Small Business (IJESB), Vol. 34, No. 3, 2018

Abstract: This exploratory study of motivation for entrepreneurship in later life extends the concept of active aging which in recent decades has attracted growing research attention in contemporary gerontology. Motivation of older adults toward entrepreneurship has been underexplored. Previous research shows mixed results regarding the effect of pull and push factors on entrepreneurial intentions. We employed a mixed methods approach while data was collected from a homogeneous cohort of retirees. Findings indicate that older adults' motivation to become entrepreneurs is centred mainly on pull factors such as self-fulfilment, increasing personal well-being, self-realisation and enhancing personal interests. Older adults may consider becoming entrepreneurs as part of their 'active aging' perceptions. These findings have implications for designated training programs for older adults that aim to promote their motivation and foster their skills to launch entrepreneurial activities. Highlights: 1) this research extends the concept of active aging by applying it to entrepreneurship; 2) entrepreneurs' in the third age are motivated by pull factors; 3) a process model of specific Gero-pull and Gero-push factors was developed; 4) we suggest an entrepreneurship training program designated for older people.

Online publication date: Fri, 29-Jun-2018

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Entrepreneurship and Small Business (IJESB):
Login with your Inderscience username and password:

    Username:        Password:         

Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com