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Ageing and entrepreneurial preferences

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dc.contributor Aalto-yliopisto fi
dc.contributor Aalto University en
dc.contributor.author Kautonen, Teemu
dc.contributor.author Down, Simon
dc.contributor.author Minniti, Maria
dc.date.accessioned 2015-06-09T09:00:49Z
dc.date.available 2015-06-09T09:00:49Z
dc.date.issued 2014
dc.identifier.citation Kautonen, Teemu & Down, Simon & Minniti, Maria. 2014. Ageing and entrepreneurial preferences. Small Business Economics. Volume 42, Issue 3. 579-594. DOI: 10.1007/s11187-013-9489-5. en
dc.identifier.uri https://aaltodoc.aalto.fi/handle/123456789/16535
dc.description.abstract Previous research on age and entrepreneurship assumed homogeneity and downplayed age-related differences in the motives and aims underlying enterprising behaviour. We argue that the heterogeneity of entrepreneurship influences how the level of entrepreneurial activity varies with age. Using a sample of 2566 respondents from 27 European countries we show that entrepreneurial activity increases almost linearly with age for individuals who prefer to only employ themselves (self-employers), whereas it increases up to a critical threshold age (late 40s) and decreases thereafter for those who aspire to hire workers (owner-managers). Age has a considerably smaller effect on entrepreneurial behaviour for those who do not prefer self-employment but are pushed into it by lack of alternative employment opportunities (reluctant entrepreneurs). Our results question the conventional wisdom that entrepreneurial activity declines with age and suggest that effective responses to demographic changes require policy makers to pay close attention to the heterogeneity of entrepreneurial preferences. en
dc.format.extent 579-594
dc.format.mimetype application/pdf en
dc.language.iso en en
dc.publisher Springer Science + Business Media en
dc.relation.ispartofseries Small Business Economics en
dc.relation.ispartofseries Volume 42, Issue 3
dc.rights © 2014 Springer Science + Business Media. This is the post print version of the following article: Kautonen, Teemu & Down, Simon & Minniti, Maria. 2014. Ageing and entrepreneurial preferences. Small Business Economics. Volume 42, Issue 3. 579-594. DOI: 10.1007/s11187-013-9489-5, which has been published in final form at http://link.springer.com/article/10.1007/s11187-013-9489-5. en
dc.subject.other Economics en
dc.subject.other Entrepreneurship en
dc.title Ageing and entrepreneurial preferences en
dc.type A1 Alkuperäisartikkeli tieteellisessä aikakauslehdessä fi
dc.description.version Peer reviewed en
dc.rights.holder Springer Science + Business Media
dc.contributor.school Kauppakorkeakoulu fi
dc.contributor.school School of Business en
dc.contributor.department Johtamisen laitos fi
dc.contributor.department Department of Management Studies en
dc.subject.keyword age en
dc.subject.keyword entrepreneurship en
dc.subject.keyword self-employment en
dc.subject.keyword preference en
dc.subject.keyword demographic change en
dc.identifier.urn URN:NBN:fi:aalto-201506063174
dc.type.dcmitype text en
dc.identifier.doi 10.1007/s11187-013-9489-5
dc.contributor.lab Entrepreneurship en
dc.contributor.lab Yrittäjyys fi
dc.type.version Post print en

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