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What Drives Post-Retirement-Age Knowledge-Based Self-Employment? An Investigation of Social, Policy and Individual Factors

In: Entrepreneurship, Self-Employment and Retirement

Author

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  • Ting Zhang

Abstract

Despite the collision of the recent large-scale economic downturn and the entrance of the first baby boomer cohort into wage-and-salary retirement ages, self-employment rates among older adults continue to be an important alternative to retirement in later life (Cahill, Giandrea, and Quinn 2013).1 The prevalence of self-employment increases substantially with age, both because self-employed people work longer and many wage-and-salary workers2 — that is, those working for others — turn to self-employment in later life. In fact, in the United States, approximately 18 per cent of employed persons over 65 are self-employed (Hippie 2010).

Suggested Citation

  • Ting Zhang, 2015. "What Drives Post-Retirement-Age Knowledge-Based Self-Employment? An Investigation of Social, Policy and Individual Factors," Palgrave Macmillan Books, in: Natalie Sappleton & Fernando Lourenço (ed.), Entrepreneurship, Self-Employment and Retirement, chapter 5, pages 112-133, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-39839-0_6
    DOI: 10.1057/9781137398390_6
    as

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