Entrepreneurship in Mid-career

Margaret Patrickson, Alison Say and Leonie Hallo

Chapter 6 in Entrepreneurship, Self-Employment and Retirement, 2015, pp 134-159 from Palgrave Macmillan

Abstract: Abstract This chapter addresses the situation of those who begin an entrepreneurial venture in their mid-career. Defining exactly when mid-career begins and ends is a challenging exercise as it seems to be mostly understood as a period without specific boundaries that lies somewhere between the first few years of employment, when one is considered to still be a relative newcomer, and the final few years prior to retirement. One attempt by Saunders (2008) placed it as not less than ten years’ working experience and not less than ten years prior to retirement. Others (e.g. Reining 2004; Winkle man 2007) have defined it largely in terms of a state of mind, associated with a period of stagnation or career plateau in between stages of career advancement. More recently Lindstrom (2011) classified career stages based on earlier work by Super (1957), and a combination of previous empirical studies have divided careers into four stages largely underpinned by age, though to a lesser extent still associated with the conditions underpinning upward progress. These stages consist of new career entrants up to age 20, early career people in the 20–34 range, mid-career 35–49, and late career people 50–65. Equating mid-career with age would place mid-career employees in the broad 35–50 range, but these categories are only guidelines given that chronological age is a convenient and easy way to select which people fall into the category of mid-career incumbents.

Keywords: Social Capital; Business Owner; Entrepreneurial Intention; Entrepreneurial Opportunity; Business Venture (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-39839-0_7

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137398390

DOI: 10.1057/9781137398390_7

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().