2003
DOI: 10.1111/1540-8520.t01-1-00001
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Early Retirees As the Next Generation of Entrepreneurs

Abstract: In this article, we combine perspectives from labor economics and entrepreneurship to examine early retirees' decision to become self-employed. Many individuals leave career employment before the traditional age of 65 and return to the labor market for a period of time before they fully retire. This phenomenon is referred to in the labor economics literature as bridge employment. Initial research of bridge employment has identified entrepreneurial activities to be common. The authors argue that first early ret… Show more

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Cited by 227 publications
(276 citation statements)
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References 64 publications
(128 reference statements)
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“…Kautonen et al (2014) considered the influence of the parents' occupations, financial support and the risk of failure. Eventually, Singh and DeNoble (2003) examined entrepreneurial paths of older entrepreneurs that can be constrained, rational, or reluctant.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Kautonen et al (2014) considered the influence of the parents' occupations, financial support and the risk of failure. Eventually, Singh and DeNoble (2003) examined entrepreneurial paths of older entrepreneurs that can be constrained, rational, or reluctant.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Previous studies indicate that, all else being equal, entrepreneurship should be more feasible for older individuals as they are more likely to have the experience and resources needed for engaging in start-up behaviour compared to their younger counterparts (van Praag & van Ophem, 1995;Singh & DeNoble, 2003). The age-related decline in the level of entrepreneurial behaviour should therefore mainly be a function of perceived desirability, which is related to the opportunity costs of entrepreneurship vis-à-vis waged employment.…”
Section: Ageing and Entrepreneurshipmentioning
confidence: 99%
“…Singh and DeNoble 2003). For instance, self-employment transition in older age may be predominantly driven by the lack of employment opportunities in the primary labour market.…”
Section: Theoretical Perspectives On Bridge Employment and Self-emplomentioning
confidence: 99%