Are senior entrepreneurs less innovative than younger ones?

Research output: Chapter in book/report/conference proceedingContribution to book/anthologyResearchpeer review

Authors

  • Rolf Sternberg
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Details

Original languageEnglish
Title of host publicationHandbook of Research on Entrepreneurship and Aging
EditorsMikaela Backman, Charlie Karlsson, Orsa Kekezi
PublisherEdward Elgar Publishing Ltd.
Pages110-142
Number of pages33
ISBN (electronic)9781788116213
ISBN (print)9781788116206
Publication statusPublished - 5 Dec 2019

Abstract

Senior entrepreneurship may be an option for innovation-driven countries when they are trying to increase their overall entrepreneurship rate. Research gaps are large, however, when it comes to inter-temporal comparisons of senior entrepreneurship and to the innovativeness of senior entrepreneurship across countries. This exploratory chapter is based upon GEM data and focuses on innovative entrepreneurship in innovation-driven countries. It shows that senior entrepreneurship has grown in absolute as well as in relative terms in the 15 countries studied. This increase was stronger than the increase of the share of elderly people in the total population. Consequently, in 2018, entrepreneurship is much more frequent among 55- to 64-year-olds than it was 12 years ago. Nevertheless, and from a static view, the level of senior entrepreneurship is (still) lower than its population share might signal. Second, businesses of senior entrepreneurs are neither less nor more innovative than those of younger entrepreneurs. Instead, innovative businesses are a small minority among senior entrepreneurs, too. The case study of Germany revealed that innovativeness differs between both age groups, but not in favour of one or the other group for each of the indicators. In the concluding section several policy implications are discussed.

ASJC Scopus subject areas

Cite this

Are senior entrepreneurs less innovative than younger ones? / Sternberg, Rolf.
Handbook of Research on Entrepreneurship and Aging. ed. / Mikaela Backman; Charlie Karlsson; Orsa Kekezi. Edward Elgar Publishing Ltd., 2019. p. 110-142.

Research output: Chapter in book/report/conference proceedingContribution to book/anthologyResearchpeer review

Sternberg, R 2019, Are senior entrepreneurs less innovative than younger ones? in M Backman, C Karlsson & O Kekezi (eds), Handbook of Research on Entrepreneurship and Aging. Edward Elgar Publishing Ltd., pp. 110-142. https://doi.org/10.4337/9781788116213.00011
Sternberg, R. (2019). Are senior entrepreneurs less innovative than younger ones? In M. Backman, C. Karlsson, & O. Kekezi (Eds.), Handbook of Research on Entrepreneurship and Aging (pp. 110-142). Edward Elgar Publishing Ltd.. https://doi.org/10.4337/9781788116213.00011
Sternberg R. Are senior entrepreneurs less innovative than younger ones? In Backman M, Karlsson C, Kekezi O, editors, Handbook of Research on Entrepreneurship and Aging. Edward Elgar Publishing Ltd. 2019. p. 110-142 doi: 10.4337/9781788116213.00011
Sternberg, Rolf. / Are senior entrepreneurs less innovative than younger ones?. Handbook of Research on Entrepreneurship and Aging. editor / Mikaela Backman ; Charlie Karlsson ; Orsa Kekezi. Edward Elgar Publishing Ltd., 2019. pp. 110-142
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