SWITCHING TO ENTREPRENEURSHIP IN MID CAREER: A SINGAPOREAN PERSPECTIVE

Pui-Yen Alison Say () and Margaret Patrickson ()
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Pui-Yen Alison Say: University of South Australia, Australia
Margaret Patrickson: University of South Australia, Australia

Journal of Enterprising Culture (JEC), 2012, vol. 20, issue 02, 119-149

Abstract: The phenomena of an aging population, changing social and economic circumstances, as well as the existential necessity of mid-life changes form the background to this investigation. Though statistics indicate that there are only a few who have considered entrepreneurship as a desirable and feasible career option in mid life, the option is becoming more attractive as the possibility of lifetime employment with a single employer becomes increasingly remote. The focus of this article is to understand what has motivated first time entrepreneurs in mid-career to consider this choice and how they have made sense of their mid-life situations to successfully discover and exploit entrepreneurial opportunities. This study has demonstrated that it requires the optimal interaction of four key elements to increase the likelihood of a positive outcome of entrepreneurial pursuits — knowledge, networks, rewards and risks.

Keywords: Mid career change; mid career entrepreneurs; entrepreneurial opportunity; Singapore (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (2)

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DOI: 10.1142/S0218495812500069

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