SENIOR ENTREPRENEURS – LITERATURE OVERVIEW AND EXAMPLES
SENIOR ENTREPRENEURS – LITERATURE OVERVIEW AND EXAMPLES

Author(s): Aleksandar Erceg, Rita-Krin Boduljak
Subject(s): Supranational / Global Economy, Business Economy / Management, Demography and human biology, Gerontology, Socio-Economic Research
Published by: Sveučilište Josipa Jurja Strossmayera u Osijeku, Ekonomski fakultet u Osijeku
Keywords: senior entrepreneurs; Global entrepreneurship monitor; open topics;
Summary/Abstract: The world population is getting older, and many retiring people face the dilemma of what to do now that they are still in good health and can still do something for themselves and society. Many retired people are considering starting ventures as senior entrepreneurs because of their skills, knowledge, and personal networks. At the same time, however, they face various disadvantages. Senior entrepreneurship is seen to extend the working lives of older people and provide additional financial resources in retirement. The topic of senior entrepreneurship is gaining research interest in academic society, and we find that there are more and more studies on senior entrepreneurs and senior entrepreneurship. The results show a variety of definitions and terms, problems in operationalizing the silver entrepreneur concept, and a lack of data on the age of entrepreneurial groups. The available data shows that senior-age entrepreneurship is increasing worldwide, but the number varies from country to country. Based on the literature review on senior entrepreneurs and senior entrepreneurship, several additional questions emerged that could (need to) be explored concerning Croatia and globally.

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