The motivations, business satisfaction and commitment of career and later-life older entrepreneurs

Kerr, Gerry

doi:10.1080/08276331.2017.1288528

Cited by 24 publications

(13 citation statements)

References 34 publications

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“…The intersection of enterprise and age served to construct the older worker as a particular type of entrepreneur through the way in which enterprise as related to small business, age and risk were juxtaposed against each other. Moreover, Kerr (2017) found that the motivations of later-life older entrepreneurs differ from younger entrepreneurs due to their level of commitment and business satisfaction.…”

Section: Types Of Older Entrepreneursmentioning

confidence: 99%

Older entrepreneurship: a literature review and research agenda

Ratten

2019

JEC

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Purpose Mature age or older entrepreneurship is an understudied but important area of research due to the ageing population and changing demographics in society. The purpose of this study is to review the literature about older entrepreneurship to understand the gaps and areas that need more attention. Design/methodology/approach A systematic literature review was undertaken and then the content was analyzed according to main themes. The key issues currently discussed about older entrepreneurship are stated, which leads to a number of future research suggestions. Findings The findings involve the need to take more care in how to define and conceptualize older entrepreneurship and to undertake more studies that have an older sample in general entrepreneurship research. Research limitations/implications The systematic literature review highlights the gaps in the literature about older entrepreneurs that need to be addressed in future research. Practical implications The paper provides some suggestions about how older people can be more involved in entrepreneurship. Originality/value This study contributes to the emerging literature about older entrepreneurship by providing an overview and directions for the future.

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Section: Types Of Older Entrepreneursmentioning

confidence: 99%

Older entrepreneurship: a literature review and research agenda

Ratten

2019

JEC

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“…In 2018, over 50-year-olds were more likely to be self-employed than the overall adult population in the EU (OECD/EU, 2019). Older women are also becoming more interested in entrepreneurship (Hodges, 2012;Kerr, 2017). Due to population ageing and other socio-demographic changes, it is predicted that senior entrepreneurship will increase even more in the future (Aydin et al, 2019).…”

Section: Older Women Entrepreneurs'mentioning

confidence: 99%

“…Additionally, older working people generally express more intrinsic attitudes toward work: the older the individual is, the more they emphasise work as rewarding in itself, as providing meaningful tasks and social contacts ( € Orestig, 2014), and emotionally meaningful goals (Scheibe and Carstensen, 2010). Later-life entrepreneurs (who start a business at a more advanced age) experience more intrinsic rewards such as personal fulfilment and work-life balance and are more likely to be women than career entrepreneurs (who are entrepreneurs during their main employment years) (Kerr, 2017). Even though research interest in older entrepreneurs is growing (Kautonen, 2012;Kerr, 2017), we need more studies understanding gender-related experiences in relation to senior entrepreneurship (Aydin et al, 2019).…”

Section: Older Women Entrepreneurs'mentioning

confidence: 99%

“…Moreover, whilst motivation to start and sustain a business has been studied amongst both women and older self-employed people (Kerr, 2017;Wainwright et al, 2015), how the selfemployed experience, create and sustain meaningful work in their daily practices, especially from the intersections of gender and age, merit more attention. There are calls for research to add to our understanding of women entrepreneurs and age, from a perspective that focusses on how women entrepreneurs themselves experience and construct the meanings attached to their work and the process of ageing (Meliou et al, 2019;Meliou and Mallett, 2022;Tomlinson and Colgan, 2014).…”

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confidence: 99%

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Meaningfulness and self-integrity at work amongst older, self-employed women entrepreneurs

Lindström

Ansio²,

Steel³

2022

IJGE

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PurposeThis study identifies how self-employed older women experience and represent self-integrity – an element and source of meaningfulness – in their work, and how these experiences are intertwined with gendered ageing.Design/methodology/approachThe authors used thematic analysis, influenced by an intersectional lens, to scrutinise qualitative data generated during a development project, with ten over 55-year-old self-employed women in Finland.FindingsThe study reveals three dominant practices of self-integrity at work: “Respecting one's self-knowledge”, “Using one's professional abilities”, and “Developing as a professional”. Older age was mostly experienced and represented as a characteristic that deepened or strengthened the practices and experiences of self-integrity at work. However, being an older woman partly convoluted that. Self-integrity as a self-employed woman was repeatedly experienced and represented in contrast to the male norm of entrepreneurship.Originality/valueThe authors contribute to the literature on gender and entrepreneurship by highlighting the processual dimensions – how integrity with self is experienced, created and sustained, and how being an older woman relates to self-integrity in self-employment. The results show a nuanced interplay between gender and age: Age and gender both constrain and become assets for older women in self-employment through older women's experiences of self-integrity.

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“…The first is the economic benefit of being self-sufficient , independent (Kerr, 2017), and of contributing to the overall economy (Blid, 2018). Retaining their financial independence and being self-sufficient can also add to retirees’ overall quality of life.…”

Section: Benefits Of Entrepreneurship and Self-employment For Mature-mentioning

confidence: 99%

Entrepreneurship and self-employment for mature-aged people

Maritz

Eager

Klerk

2021

Australian Journal of Career Development

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Not only do Australian mature-aged entrepreneurs contribute $11.9 billion per annum to the Australian economy in over 379,000 businesses, they launch approximately 14,000 new businesses each year and actively contribute to fiscal, social, health, and active ageing outcomes in their communities. Thirty-four per cent of all young businesses in Australia are now led by mature-aged entrepreneurs, identifying mature-aged entrepreneurship as the fastest growing sector of entrepreneurship. This study is the first of its kind to examine mature-aged entrepreneurship in Australia using five pragmatic and embedded case-study examples. Aligning to Cartensen's sociomotional selection theory, we adopted an interpretivist philosphical framework of emergent enquiry action research. The paper includes benefits and challenges associated with mature-aged entrepreneurship, including contextual and theoretical foundations. We provide policy and research recommendations to enhance the development of a dedicated entrepreneurial ecosystem for mature-aged people.

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The motivations, business satisfaction and commitment of career and later-life older entrepreneurs

Cited by 24 publications

References 34 publications

Older entrepreneurship: a literature review and research agenda

Older entrepreneurship: a literature review and research agenda

Meaningfulness and self-integrity at work amongst older, self-employed women entrepreneurs

Entrepreneurship and self-employment for mature-aged people

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