Achieving aging well through senior entrepreneurship: a three-country empirical study

Ying Zhu (), Ayse Collins (), Zhixing Xu (), Deepak Sardana () and S. Tamer Cavusgil ()
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Ying Zhu: the University of South Australia
Ayse Collins: Bilkent University
Zhixing Xu: Beijing Normal University
Deepak Sardana: the University of South Australia
S. Tamer Cavusgil: Georgia State University

Small Business Economics, 2022, vol. 59, issue 2, No 14, 665-689

Abstract: Abstract Seniors strive to achieve aging well by engaging in entrepreneurial activities subsequent to ceasing their organizational employment. While this is a common practice in many societies, scant research exists on what motivates seniors to engage in entrepreneurial activities once they end their formal employment. We adopt the self-determination theory (SDT) to investigate the effects of goal contents and motives on the well-being among seniors who launch their entrepreneurship journeys. Based on in-depth interviews with senior entrepreneurs in China, India, and Turkey, we contribute to extant knowledge by linking separate paradigms. These are as follows: goal contents and intrinsic motivation-driven entrepreneurship, management of inner and outer challenges, and achievement of the eventual outcome of aging well. We also investigate the culture-specific drivers of senior entrepreneurship in a comparative framework.

Keywords: Active aging; Aging well; Cultural elements; Goal contents; Intrinsic motivation; Senior entrepreneurship (search for similar items in EconPapers)
JEL-codes: L26 (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (1)

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DOI: 10.1007/s11187-021-00564-8

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