Universidad del Desarrollo

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Opportunity entrepreneurship after 65: Relevant factors in OECD countries
(2024)
AMOROS ESPINOZA, JOSÉ ERNESTO
;
Marcelo Leporati
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Alfonso Jesús Torres-Marín
;
Sergio Roses
<jats:title>Abstract</jats:title><jats:p>This research aims to analyze individual and national level factors that influence opportunity-driven senior entrepreneurship (people older than 65 years) in a group of 12 OECD countries. At this age most people in developed economies could choose between retiring, continuing working, or starting a new venture. It is important to understand the motivations behind their decision. We use data from the Global Entrepreneurship Monitor (GEM), to identify the effect of attitudes, perceptions, and aspirations as well as their sociodemographic characteristics. The sample consists of 24,139 observations from individuals older than 65 years. Additionally, we used the Human Development Index (HDI) – from the United Nations database–, to measure the country's level of development. Because of the nested nature of the data, we estimate our models using a multilevel logistic regression. Our results show that income, education, and occupation, in conjunction with the level of human development of a country have a significant influence on the probability of entrepreneurship by opportunity for senior individuals (+ 65). This research has policy and practical implications related to the decision of senior people to explore the creation of a new venture instead of opting for other alternatives such as retiring. </jats:p>
13Scopus© Citations 10
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Relevant factors affecting nascent entrepreneurial activity in Chile and Spain: an analysis of the impact of the COVID-19
(2024)
Marcelo Leporati
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Alfonso Jesús Torres Marin
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Ana Fernández Laviada
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GUERRERO CANO, MARIBEL
Scopus© Citations 1 11
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Senior entrepreneurship in Latin America: evaluation and support from entrepreneurship ecosystems approach
(2024)
Alfonso Torres-Marín
;
AMOROS ESPINOZA, JOSÉ ERNESTO
;
Marcelo Leporati
;
Sergio Roses
<jats:sec> <jats:title content-type="abstract-subheading">Purpose</jats:title> <jats:p>The purpose of this study is to make an exploratory analysis of the impact of the entrepreneurial ecosystem (EE) as defined by Acs <jats:italic>et al.</jats:italic> (2014) on opportunity-driven senior entrepreneurial activity in Latin America.</jats:p> </jats:sec> <jats:sec> <jats:title content-type="abstract-subheading">Design/methodology/approach</jats:title> <jats:p>The research uses data from the Global Entrepreneurship Monitor and the Global Entrepreneurship and Development Institute of five Latin America countries (Argentina, Brazil, Chile, Colombia and Mexico), providing a total of 15,019 observations of people that are 50+ years old, between the years 2013 and 2017. A multi-level logistic regression model was used to estimate the relation between the total entrepreneurial activity by opportunity of seniors and some EE indicators. A total of three equations were estimated on the data set described.</jats:p> </jats:sec> <jats:sec> <jats:title content-type="abstract-subheading">Findings</jats:title> <jats:p>This research confirms the relevance of some elements of EE on senior entrepreneurship in Latin America. Entrepreneurial attitudes have a positive relationship with senior entrepreneurs, generating higher levels of entrepreneurial ventures. The combination of institutions that support these attitudes on the EE enhances senior entrepreneurial activity. It also demonstrates that a higher level of entrepreneurial education at postschool stages is relevant to increasing senior entrepreneurial activity.</jats:p> </jats:sec> <jats:sec> <jats:title content-type="abstract-subheading">Originality/value</jats:title> <jats:p>This research makes some interesting contributions in the field of measuring the impact of EE on senior entrepreneurship by opportunity in developing countries, filling a literature gap. It allows us to glimpse some measures that policymakers could take to improve the entrepreneurial activity of this segment in the region, such as implementing programs that facilitate networking opportunities and mentorship, along with providing training in business and financial literacy.</jats:p> </jats:sec>
1Scopus© Citations 14
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Senior entrepreneurship dynamics: Latin America perspective
(2023)
AMOROS ESPINOZA, JOSÉ ERNESTO
;
Marcelo Leporati
;
Alfonso Jesús Torres-Marín
<jats:sec><jats:title content-type="abstract-subheading">Purpose</jats:title><jats:p>The main objective of this research is to exploratorily analyse different factors that influence the decision of the senior population (+50 years) to engage in entrepreneurship activities in a group of Latin American countries. This study considers the motivations for entrepreneurship (opportunity and necessity) and the level of development of the countries.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Design/methodology/approach</jats:title><jats:p>The authors used data from the Global Entrepreneurship Monitor (GEM) with a sample of 22,139 observations of senior individuals in seven Latin American countries surveyed between 2013 and 2017. The authors also used the Human Development Index to capture the relevance of the level of development. The authors employed a multilevel logistic regression model to test the study hypotheses.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Findings</jats:title><jats:p>The study results show that individual factors such as personal income, education and occupation have a significant influence on the probability of entrepreneurship of senior individuals. Related to contextual factors, the level of human development of a country has a negative influence mainly on opportunity-based entrepreneurs.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Originality/value</jats:title><jats:p>Because of the rapidly ageing population in Latin America, understanding senior entrepreneurs and their motivations is very relevant not only in terms of theoretical development but also for policy and practical implications, primarily those related to labour markets and social protection.</jats:p></jats:sec>
Scopus© Citations 15 12

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