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Ageing and entrepreneurship: a psychological perspective

In: Handbook of Research on Entrepreneurship and Aging

Author

Listed:
  • Hannes Zacher
  • Mona Mensmann
  • Michael M. Gielnik

Abstract

This chapter adopts a psychological perspective on the association between ageing and entrepreneurship. Specifically, we focus on individual and contextual characteristics that may change over the lifespan, and therefore explain and modify relations between age and entrepreneurship. First, we define entrepreneurship as a process that involves the identification, evaluation and exploitation of business opportunities. Second, we outline key tenets of a lifespan psychological approach to ageing and development. Third, we review theoretical frameworks and empirical evidence on the association between ageing and entrepreneurship. We conclude the chapter by outlining directions for future research, including conceptual and methodological considerations.

Suggested Citation

  • Hannes Zacher & Mona Mensmann & Michael M. Gielnik, 2019. "Ageing and entrepreneurship: a psychological perspective," Chapters, in: Mikaela Backman & Charlie Karlsson & Orsa Kekezi (ed.), Handbook of Research on Entrepreneurship and Aging, chapter 8, pages 228-245, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:18166_8
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