Centre for Policy on Ageing
 

 
Older people as entrepreneurs
Author(s)Mark Allen, Sarah Hillcoat-Nalletamby, Judith Phillips
Journal titleGenerations Review, vol 24, no 2, July 2014
PublisherBritish Society of Gerontology, July 2014
Pagespp 5-7
Sourcewww.britishgerontology.org
KeywordsCompanies ; Business formation ; Older people.
AnnotationThe number of older entrepreneurs has risen significantly in recent years, in both the UK and US. These statistics are challenging stereotypes about entrepreneurs predominantly being young. On the contrary, older age has been shown to correlate with more successful entrepreneurs up to the age of 40, with people older than 55 almost twice as likely to found successful companies as those between 20 and 34. One possible reason is that older entrepreneurs have a combination of good project completion skills with real world experience, enabling them to identify more realistic business opportunities. (JL).
Accession NumberCPA-150724231 A
ClassmarkX2: WSR: B

Data © Centre for Policy on Ageing
...from the Ageinfo database published by Centre for Policy on Ageing.
 
CPA home >> Ageinfo Database >> Last modified: Fri 21 Sep 2018, © CPA 2018 Queries to: webmaster@cpa.org.uk