Older entrepreneurship: a literature review and research agenda

Abstract

Purpose Mature age or older entrepreneurship is an understudied but important area of research due to the ageing population and changing demographics in society. The purpose of this study is to review the literature about older entrepreneurship to understand the gaps and areas that need more attention. Design/methodology/approach A systematic literature review was undertaken and then the content was analyzed according to main themes. The key issues currently discussed about older entrepreneurship are stated, which leads to a number of future research suggestions. Findings The findings involve the need to take more care in how to define and conceptualize older entrepreneurship and to undertake more studies that have an older sample in general entrepreneurship research. Research limitations/implications The systematic literature review highlights the gaps in the literature about older entrepreneurs that need to be addressed in future research. Practical implications The paper provides some suggestions about how older people can be more involved in entrepreneurship. Originality/value This study contributes to the emerging literature about older entrepreneurship by providing an overview and directions for the future.