Senior entrepreneurship: an emerging phenomenon

• Autor(a) principal: Ribeiro, Maria Isabel
• Data de Publicação: 2023
• Outros Autores: Fernandes, Ana Isabel, Fernandes, António Pedro, Fernandes, António
• Tipo de documento: Artigo
• Idioma: eng
• Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
• Texto Completo: http://hdl.handle.net/10198/28989
• topic: Entrepreneurship; Opportunities; Senior population; Active aging

Silver Economy emerged, just over a decade ago, as a concept associated with the population aging, a demographic trend of the developed countries. Therefore, the objective of this study was to examine the current status of a Silver Economy emerging phenomenon, specifically, the senior entrepreneurship. To achieve this objective, a bibliographic search was conducted in the Scopus and Web of Science databases based on “Silver Economy” and “Entrepreneurship” keywords. Later, data of the sixteen selected articles were collected, namely, authorship, publication date, place where the study was developed (country), study type, methodology, objectives and findings. The studies were developed in four continents, specifically, Europe, America, Asia and Oceania. Most studies (82.4%) used secondary data. Eighth studies were quantitative and the remaining eighth were qualitative. The studies analyzed the association between the level and dynamics of population aging and the development of senior entrepreneurship; investigated the concept of Silver Economy and the senior entrepreneurship phenomenon, in its essence, nature, characteristics, challenges and leadership styles; compared financial literacy between older and younger entrepreneurs; identified internal factors that affect entrepreneurial activity; acknowledged individuals’ perceptions about entrepreneurship and its impact on entrepreneurial intention; highlighted the potential of senior population for businesses and the economy; reported entrepreneurial experiences of older people after retirement; and showed the effects of motives and attitudes on well-being and personal and professional fulfilment of elderly entrepreneurs in comparison with younger entrepreneurs.