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Switching To Entrepreneurship In Mid Career: A Singaporean Perspective

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  • PUI-YEN ALISON SAY

    (University of South Australia, Australia)

  • MARGARET PATRICKSON

    (University of South Australia, Australia)

Abstract

The phenomena of an aging population, changing social and economic circumstances, as well as the existential necessity of mid-life changes form the background to this investigation. Though statistics indicate that there are only a few who have considered entrepreneurship as a desirable and feasible career option in mid life, the option is becoming more attractive as the possibility of lifetime employment with a single employer becomes increasingly remote. The focus of this article is to understand what has motivated first time entrepreneurs in mid-career to consider this choice and how they have made sense of their mid-life situations to successfully discover and exploit entrepreneurial opportunities. This study has demonstrated that it requires the optimal interaction of four key elements to increase the likelihood of a positive outcome of entrepreneurial pursuits — knowledge, networks, rewards and risks.

Suggested Citation

  • Pui-Yen Alison Say & Margaret Patrickson, 2012. "Switching To Entrepreneurship In Mid Career: A Singaporean Perspective," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 20(02), pages 119-149.
    • Handle: RePEc:wsi:jecxxx:v:20:y:2012:i:02:n:s0218495812500069
    DOI: 10.1142/S0218495812500069
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    References listed on IDEAS

    as
    1. Wong, Poh Kam & Lee, Lena & Leung, Aegean, 2006. "Entrepreneurship by circumstances and abilities: the mediating role of job satisfaction and moderating role of self-efficacy," MPRA Paper 596, University Library of Munich, Germany.
    2. James Curran & Robert A Blackburn, 2001. "Older People and the Enterprise Society: Age and Self-Employment Propensities," Work, Employment & Society, British Sociological Association, vol. 15(4), pages 889-902, December.
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    Cited by:

    1. Daria Ilczuk & Å ukasz DopieraÅ‚a & Joanna Bednarz, 2023. "What are the real motivations and experiences of silver entrepreneurs? Empirical evidence from Poland," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 19(3), pages 129-167.
    2. Marcie Pitt-Catsouphes & Stephanie Cosner Berzin & Tay K. McNamara & Cal Halvorsen & Jim Emerman, 2016. "The Impact of the Purpose Prize™: Exploring a Method to Stimulate Social Entrepreneurship," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 24(02), pages 133-167, June.

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