ENTREPRENEURSHIP AT AN OLDER AGE
ENTREPRENEURSHIP AT AN OLDER AGE

Author(s): Dominika Crnjac Milić, Anamarija Delić
Subject(s): Business Economy / Management, Demography and human biology, Gerontology
Published by: Sveučilište Josipa Jurja Strossmayera u Osijeku, Ekonomski fakultet u Osijeku
Keywords: entrepreneurship; older age; business; self-employment;
Summary/Abstract: The aging population and older entrepreneurs represent society’s greatest demographic and social changes. The older population today is much more vital and educated, and they have more community-funded educational opportunities than in the past. Their experience from previous jobs and the expertise they have gained throughout their working lives give them a boost and a belief in success. Although researchers are interested in this topic, there is a lack of an overview of the work published over the past decade and guidelines for future research. This paper aims to identify and systematize the knowledge of scholars who have researched entrepreneurship among older adults using mixed methods that will provide a complete picture of this topic. One of the assumptions in this paper was that the primary goal of market implementation of an entrepreneurial idea among older people is usually not related to earnings but to the need to continue being useful to their family and society. Some start their entrepreneurial activities later because they finished their professional career earlier or are unemployed. However, some want to realize their dreams that they could not have realized during their working life. The study’s limitations are a small number of papers published on this topic and the availability of the papers, as many of them are not freely available.

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