Age effect on entry to entrepreneurship:embedded in life expectancy
Major improvements in life expectancies associate with interesting societal transformations. By changing individuals’ preferences for engaging in both productive and non-productive activities across their lifespan, changes in life expectancy paradoxically affect both the financing and the costs of s...
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Online Access: | https://portal.findresearcher.sdu.dk/da/publications/f33b0109-f048-497e-92dd-67df886924cd https://doi.org/10.1007/s11187-020-00398-w https://findresearcher.sdu.dk/ws/files/172741501/Manuscript_Age_effect_PURE.pdf |
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ftsydanskunivpub:oai:sdu.dk:publications/f33b0109-f048-497e-92dd-67df886924cd 2024-09-15T18:05:18+00:00 Age effect on entry to entrepreneurship:embedded in life expectancy Wickstrøm, Kent Adsbøll Klyver, Kim Cheraghi-Madsen, Maryam 2022-01 application/pdf https://portal.findresearcher.sdu.dk/da/publications/f33b0109-f048-497e-92dd-67df886924cd https://doi.org/10.1007/s11187-020-00398-w https://findresearcher.sdu.dk/ws/files/172741501/Manuscript_Age_effect_PURE.pdf eng eng https://portal.findresearcher.sdu.dk/da/publications/f33b0109-f048-497e-92dd-67df886924cd info:eu-repo/semantics/openAccess Wickstrøm , K A , Klyver , K & Cheraghi-Madsen , M 2022 , ' Age effect on entry to entrepreneurship : embedded in life expectancy ' , Small Business Economics , vol. 58 , pp. 57-76 . https://doi.org/10.1007/s11187-020-00398-w Aging Future-time perspective Life expectancy Lifespan theory Nascent entrepreneurship Remaining lifetime article 2022 ftsydanskunivpub https://doi.org/10.1007/s11187-020-00398-w 2024-07-15T23:45:17Z Major improvements in life expectancies associate with interesting societal transformations. By changing individuals’ preferences for engaging in both productive and non-productive activities across their lifespan, changes in life expectancy paradoxically affect both the financing and the costs of social welfare systems. This raises the importance of knowledge on how life expectancy affects the relationship between age and entry to entrepreneurship. Using lifespan theory, we propose a conceptual model for understanding how age-related psychological effects (i.e., risk-willingness and self-efficacy) on individuals’ entry to entrepreneurship are embedded in life expectancy at the societal level. Based on data from 34 Organization for Economic Co-operation and Development countries, our analysis shows that increased life expectancy at the societal level moves the peak for entrepreneurial entry toward older ages and creates an evener entry distribution across working ages. The results suggest that this effect is driven partly by a cross-level moderation from life expectancy on the relationship between age and individuals’ risk-willingness and self-efficacy, which in turn promotes entry to entrepreneurship. These findings highlight the importance of considering entrepreneurial activity in the context of age and of future-time perspective in terms of life expectancy. Article in Journal/Newspaper evener University of Southern Denmark Research Portal Small Business Economics 58 1 57 76 |
institution |
Open Polar |
collection |
University of Southern Denmark Research Portal |
op_collection_id |
ftsydanskunivpub |
language |
English |
topic |
Aging Future-time perspective Life expectancy Lifespan theory Nascent entrepreneurship Remaining lifetime |
spellingShingle |
Aging Future-time perspective Life expectancy Lifespan theory Nascent entrepreneurship Remaining lifetime Wickstrøm, Kent Adsbøll Klyver, Kim Cheraghi-Madsen, Maryam Age effect on entry to entrepreneurship:embedded in life expectancy |
topic_facet |
Aging Future-time perspective Life expectancy Lifespan theory Nascent entrepreneurship Remaining lifetime |
description |
Major improvements in life expectancies associate with interesting societal transformations. By changing individuals’ preferences for engaging in both productive and non-productive activities across their lifespan, changes in life expectancy paradoxically affect both the financing and the costs of social welfare systems. This raises the importance of knowledge on how life expectancy affects the relationship between age and entry to entrepreneurship. Using lifespan theory, we propose a conceptual model for understanding how age-related psychological effects (i.e., risk-willingness and self-efficacy) on individuals’ entry to entrepreneurship are embedded in life expectancy at the societal level. Based on data from 34 Organization for Economic Co-operation and Development countries, our analysis shows that increased life expectancy at the societal level moves the peak for entrepreneurial entry toward older ages and creates an evener entry distribution across working ages. The results suggest that this effect is driven partly by a cross-level moderation from life expectancy on the relationship between age and individuals’ risk-willingness and self-efficacy, which in turn promotes entry to entrepreneurship. These findings highlight the importance of considering entrepreneurial activity in the context of age and of future-time perspective in terms of life expectancy. |
format |
Article in Journal/Newspaper |
author |
Wickstrøm, Kent Adsbøll Klyver, Kim Cheraghi-Madsen, Maryam |
author_facet |
Wickstrøm, Kent Adsbøll Klyver, Kim Cheraghi-Madsen, Maryam |
author_sort |
Wickstrøm, Kent Adsbøll |
title |
Age effect on entry to entrepreneurship:embedded in life expectancy |
title_short |
Age effect on entry to entrepreneurship:embedded in life expectancy |
title_full |
Age effect on entry to entrepreneurship:embedded in life expectancy |
title_fullStr |
Age effect on entry to entrepreneurship:embedded in life expectancy |
title_full_unstemmed |
Age effect on entry to entrepreneurship:embedded in life expectancy |
title_sort |
age effect on entry to entrepreneurship:embedded in life expectancy |
publishDate |
2022 |
url |
https://portal.findresearcher.sdu.dk/da/publications/f33b0109-f048-497e-92dd-67df886924cd https://doi.org/10.1007/s11187-020-00398-w https://findresearcher.sdu.dk/ws/files/172741501/Manuscript_Age_effect_PURE.pdf |
genre |
evener |
genre_facet |
evener |
op_source |
Wickstrøm , K A , Klyver , K & Cheraghi-Madsen , M 2022 , ' Age effect on entry to entrepreneurship : embedded in life expectancy ' , Small Business Economics , vol. 58 , pp. 57-76 . https://doi.org/10.1007/s11187-020-00398-w |
op_relation |
https://portal.findresearcher.sdu.dk/da/publications/f33b0109-f048-497e-92dd-67df886924cd |
op_rights |
info:eu-repo/semantics/openAccess |
op_doi |
https://doi.org/10.1007/s11187-020-00398-w |
container_title |
Small Business Economics |
container_volume |
58 |
container_issue |
1 |
container_start_page |
57 |
op_container_end_page |
76 |
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1810442876875702272 |