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Elderly Entrepreneurship in an Aging US Economy:It's Never Too Late

Author

Listed:
  • Ting Zhang

    (George Mason University, USA)

Abstract

The study of elderly entrepreneurship and its potential impact on labor, Social Security funds and regional economic growth is of significant importance, particularly for the US economy where population aging coincidentally intersects with the economic shift to a “knowledge economy”. On the one hand, aging, combined with a declining average retirement age, is expected to result in labor force shortages and Social Security fund exhaustion; yet on the other hand, the “knowledge economy” could elevate the value of elderly human capital as the “knowledge economy” is less physically demanding and more human-capital- and knowledge-based.

Individual chapters are listed in the "Chapters" tab

Suggested Citation

  • Ting Zhang, 2008. "Elderly Entrepreneurship in an Aging US Economy:It's Never Too Late," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number 6852, August.
    • Handle: RePEc:wsi:wsbook:6852
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    File URL: https://www.worldscientific.com/worldscibooks/10.1142/6852
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    Citations

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    Cited by:

    1. Ting Zhang & Roger Stough & Dan Gerlowski, 2022. "Digital exposure, age, and entrepreneurship," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 69(3), pages 633-681, December.
    2. Seco Matos, Catarina & Amaral, Miguel & Baptista, Rui, 2018. "Impact: Senior Entrepreneurship: A Selective Review and a Research Agenda," Foundations and Trends(R) in Entrepreneurship, now publishers, vol. 14(5), pages 427–554-4, December.
    3. Werner Bönte & Oliver Falck & Stephan Heblich, 2009. "The Impact of Regional Age Structure on Entrepreneurship," Economic Geography, Clark University, vol. 85(3), pages 269-287, July.

    Book Chapters

    The following chapters of this book are listed in IDEAS

    More about this item

    Keywords

    Entrepreneurship; Elderly; Seniors; Aging; Social Security; Age; Economic Growth; Economic Geography; Self-Employment; Occupational Choice; Retirement; Human Capital; Utility Maximization; Path Analysis;
    All these keywords.

    JEL classification:

    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook

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