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Achieving aging well through senior entrepreneurship: a three-country empirical study

Author

Listed:
  • Ying Zhu

    (the University of South Australia)

  • Ayse Collins

    (Bilkent University)

  • Zhixing Xu

    (Beijing Normal University)

  • Deepak Sardana

    (the University of South Australia)

  • S. Tamer Cavusgil

    (Georgia State University
    Visiting Professor, Leeds University Business School)

Abstract

Seniors strive to achieve aging well by engaging in entrepreneurial activities subsequent to ceasing their organizational employment. While this is a common practice in many societies, scant research exists on what motivates seniors to engage in entrepreneurial activities once they end their formal employment. We adopt the self-determination theory (SDT) to investigate the effects of goal contents and motives on the well-being among seniors who launch their entrepreneurship journeys. Based on in-depth interviews with senior entrepreneurs in China, India, and Turkey, we contribute to extant knowledge by linking separate paradigms. These are as follows: goal contents and intrinsic motivation-driven entrepreneurship, management of inner and outer challenges, and achievement of the eventual outcome of aging well. We also investigate the culture-specific drivers of senior entrepreneurship in a comparative framework.

Suggested Citation

  • Ying Zhu & Ayse Collins & Zhixing Xu & Deepak Sardana & S. Tamer Cavusgil, 2022. "Achieving aging well through senior entrepreneurship: a three-country empirical study," Small Business Economics, Springer, vol. 59(2), pages 665-689, August.
    • Handle: RePEc:kap:sbusec:v:59:y:2022:i:2:d:10.1007_s11187-021-00564-8
    DOI: 10.1007/s11187-021-00564-8
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    More about this item

    Keywords

    Active aging; Aging well; Cultural elements; Goal contents; Intrinsic motivation; Senior entrepreneurship;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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