IDEAS home Printed from https://ideas.repec.org/p/ipg/wpaper/2019-002.html
   My bibliography  Save this paper

How Subjective Age Affects Entrepreneurship: The Effects of Rejuvenating Trend on Entrepreneurial Intention among Seniors

Author

Listed:
  • Adnane MAALAOUI
  • Imen SAFRAOU
  • Judith PARTOUCHE
  • Celine Viala

Abstract

Purpose: This paper focus on the concept of subjective age which has been mainly studied in gerontology, psychology and marketing. More precisely, it explores the potential effect of the rejuvenating trend on entrepreneurial intention among seniors. Design/Methodology/approach: This study is based on a sample of 224 seniors aged 45 years old and more. A two-step procedure has been performed to test our hypotheses: a hierarchical regression analysis and a bootstrapping procedure (Preacher and Hayes, 2008). Findings: The study reveals a direct effect of rejuvenating trend on entrepreneurial intention among seniors. The study also reveals that social norms mediates this effect. Research limitations/implications: Whereas this research investigates the role of the rejuvenating trend as an antecedent of entrepreneurial intention, future studies should integrate other aging related individual variables, such as, generativity, death anxiety and perceived health. Practical implications: As our findings reveal the entrepreneurial potential of seniors, it should be necessary to create accompanying structures dedicated to this specific population. Originality/value: This study is the first to explore the link between subjective age and entrepreneurial intention, when anterior research mainly investigate the effect of chronological age

Suggested Citation

  • Adnane MAALAOUI & Imen SAFRAOU & Judith PARTOUCHE & Celine Viala, 2019. "How Subjective Age Affects Entrepreneurship: The Effects of Rejuvenating Trend on Entrepreneurial Intention among Seniors," Working Papers 2019-002, Department of Research, Ipag Business School.
  • Handle: RePEc:ipg:wpaper:2019-002
    as

    Download full text from publisher

    File URL: https://faculty-research.ipag.edu/wp-content/uploads/recherche/WP/IPAG_WP_2019_002.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Teemu Kautonen & Marco van Gelderen & Erno T. Tornikoski, 2013. "Predicting entrepreneurial behaviour: a test of the theory of planned behaviour," Applied Economics, Taylor & Francis Journals, vol. 45(6), pages 697-707, February.
    2. Carr, Jon C. & Sequeira, Jennifer M., 2007. "Prior family business exposure as intergenerational influence and entrepreneurial intent: A Theory of Planned Behavior approach," Journal of Business Research, Elsevier, vol. 60(10), pages 1090-1098, October.
    3. Andrew Henley, 2007. "Entrepreneurial aspiration and transition into self-employment: evidence from British longitudinal data," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 19(3), pages 253-280, May.
    4. João J. M. Ferreira & Cristina I. Fernandes & Sascha Kraus, 2019. "Entrepreneurship research: mapping intellectual structures and research trends," Review of Managerial Science, Springer, vol. 13(1), pages 181-205, February.
    5. Edmund R. Thompson, 2009. "Individual Entrepreneurial Intent: Construct Clarification and Development of an Internationally Reliable Metric," Entrepreneurship Theory and Practice, , vol. 33(3), pages 669-694, May.
    6. repec:dau:papers:123456789/1310 is not listed on IDEAS
    7. Wilkes, Robert E, 1992. "A Structural Modeling Approach to the Measurement and Meaning of Cognitive Age," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 19(2), pages 292-301, September.
    8. Ajzen, Icek, 1991. "The theory of planned behavior," Organizational Behavior and Human Decision Processes, Elsevier, vol. 50(2), pages 179-211, December.
    9. Kolvereid, Lars & Isaksen, Espen, 2006. "New business start-up and subsequent entry into self-employment," Journal of Business Venturing, Elsevier, vol. 21(6), pages 866-885, November.
    10. Bertrand Urien, 2003. "L'anxiété face à la mort et son influence sur le comportement du consommateur," Post-Print hal-02022820, HAL.
    11. Teemu Kautonen & Marco van Gelderen & Matthias Fink, 2015. "Robustness of the Theory of Planned Behavior in Predicting Entrepreneurial Intentions and Actions," Entrepreneurship Theory and Practice, , vol. 39(3), pages 655-674, May.
    12. Denis Guiot, 1999. "Âge subjectif et segmentation des seniors," Post-Print halshs-02925765, HAL.
    13. Beate Rotefoss & Lars Kolvereid, 2005. "Aspiring, nascent and fledgling entrepreneurs: an investigation of the business start-up process," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 17(2), pages 109-127, March.
    14. KruegerJR, Norris F. & Reilly, Michael D. & Carsrud, Alan L., 2000. "Competing models of entrepreneurial intentions," Journal of Business Venturing, Elsevier, vol. 15(5-6), pages 411-432.
    15. Schiffman, Leon G. & Sherman, Elaine, 1991. "Value orientations of new-age elderly: The coming of an ageless market," Journal of Business Research, Elsevier, vol. 22(2), pages 187-194, March.
    16. Lee, Lena & Wong, Poh Kam & Foo, Maw Der & Leung, Aegean, 2011. "Entrepreneurial intentions: The influence of organizational and individual factors," Journal of Business Venturing, Elsevier, vol. 26(1), pages 124-136, January.
    17. Denis Guiot, 2006. "Un cadre d'analyse du processus de vieillissement et de son influence sur le comportement d'achat du consommateur âgé," Post-Print halshs-00167777, HAL.
    18. Gangaram Singh & Alex DeNoble, 2003. "Early Retirees As the Next Generation of Entrepreneurs," Entrepreneurship Theory and Practice, , vol. 27(3), pages 207-226, July.
    19. Van Gelderen, Marco & Kautonen, Teemu & Fink, Matthias, 2015. "From entrepreneurial intentions to actions: Self-control and action-related doubt, fear, and aversion," Journal of Business Venturing, Elsevier, vol. 30(5), pages 655-673.
    20. Fitzsimmons, Jason R. & Douglas, Evan J., 2011. "Interaction between feasibility and desirability in the formation of entrepreneurial intentions," Journal of Business Venturing, Elsevier, vol. 26(4), pages 431-440, July.
    21. Paull Weber & Michael Schaper, 2004. "Understanding The Grey Entrepreneur," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 12(02), pages 147-164.
    22. Levesque, Moren & Minniti, Maria, 2006. "The effect of aging on entrepreneurial behavior," Journal of Business Venturing, Elsevier, vol. 21(2), pages 177-194, March.
    23. Harms, Rainer & Luck, Florian & Kraus, Sascha & Walsh, Steven, 2014. "On the motivational drivers of gray entrepreneurship: An exploratory study," Technological Forecasting and Social Change, Elsevier, vol. 89(C), pages 358-365.
    24. Lars Kolvereid, 1996. "Prediction of Employment Status Choice Intentions," Entrepreneurship Theory and Practice, , vol. 21(1), pages 47-58, October.
    25. Barbara J. Bird, 1992. "The Operation of Intentions in Time: The Emergence of the New Venture," Entrepreneurship Theory and Practice, , vol. 17(1), pages 11-20, October.
    26. Adnan Maâlaoui & Sylvaine Castellano & Imen Safraou & Malek Bourguiba, 2013. "An exploratory study of seniorpreneurs: a new model of entrepreneurial intentions in the French context," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 20(2), pages 148-164.
    27. Anders Lundström & Lois A. Stevenson, 2005. "Entrepreneurship Policy: Theory and Practice," International Studies in Entrepreneurship, Springer, number 978-0-387-24202-6, December.
    28. Denis Guiot, 2006. "Un cadre d'analyse du processus de vieillissement et de son influence sur le comportement d'achat du consommateur âgé," Post-Print halshs-00167778, HAL.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Adnane Maalaoui & Judith Partouche & Imen Safraou & Celine Viala, 2023. "Senior entrepreneurship: how subjective age affects seniors’ entrepreneurial intentions," Review of Managerial Science, Springer, vol. 17(2), pages 443-465, February.
    2. Giuseppe Criaco & Philipp Sieger & Karl Wennberg & Francesco Chirico & Tommaso Minola, 2017. "Parents’ performance in entrepreneurship as a “double-edged sword” for the intergenerational transmission of entrepreneurship," Small Business Economics, Springer, vol. 49(4), pages 841-864, December.
    3. Christopher Schlaegel & Michael Koenig, 2014. "Determinants of Entrepreneurial Intent: A Meta–Analytic Test and Integration of Competing Models," Entrepreneurship Theory and Practice, , vol. 38(2), pages 291-332, March.
    4. Jeffery S. McMullen & Katrina M. Brownell & Joel Adams, 2021. "What Makes an Entrepreneurship Study Entrepreneurial? Toward A Unified Theory of Entrepreneurial Agency," Entrepreneurship Theory and Practice, , vol. 45(5), pages 1197-1238, September.
    5. Aurora A. C. Teixeira & Rosa Portela Forte, 2017. "Prior education and entrepreneurial intentions: the differential impact of a wide range of fields of study," Review of Managerial Science, Springer, vol. 11(2), pages 353-394, March.
    6. Sanawi M. Sharahiley, 2020. "Examining Entrepreneurial Intention of the Saudi Arabia’s University Students: Analyzing Alternative Integrated Research Model of TPB and EEM," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 21(1), pages 67-84, March.
    7. Zapkau, Florian B. & Schwens, Christian & Steinmetz, Holger & Kabst, Rüdiger, 2015. "Disentangling the effect of prior entrepreneurial exposure on entrepreneurial intention," Journal of Business Research, Elsevier, vol. 68(3), pages 639-653.
    8. Carlos Bazan & Hannah Gaultois & Arifusalam Shaikh & Katie Gillespie & Sean Frederick & Ali Amjad & Simon Yap & Chantel Finn & James Rayner & Nafisa Belal, 2020. "A systematic literature review of the influence of the university’s environment and support system on the precursors of social entrepreneurial intention of students," Journal of Innovation and Entrepreneurship, Springer, vol. 9(1), pages 1-28, December.
    9. Teemu Kautonen & Erno Tornikoski & Ewald Kibler, 2011. "Entrepreneurial intentions in the third age: the impact of perceived age norms," Small Business Economics, Springer, vol. 37(2), pages 219-234, September.
    10. Meoli, Azzurra & Fini, Riccardo & Sobrero, Maurizio & Wiklund, Johan, 2020. "How entrepreneurial intentions influence entrepreneurial career choices: The moderating influence of social context," Journal of Business Venturing, Elsevier, vol. 35(3).
    11. Shirokova, Galina & Osiyevskyy, Oleksiy & Bogatyreva, Karina, 2016. "Exploring the intention–behavior link in student entrepreneurship: Moderating effects of individual and environmental characteristics," European Management Journal, Elsevier, vol. 34(4), pages 386-399.
    12. Ricardo Figueiredo Belchior & Roisin Lyons, 2021. "Explaining entrepreneurial intentions, nascent entrepreneurial behavior and new business creation with social cognitive career theory – a 5-year longitudinal analysis," International Entrepreneurship and Management Journal, Springer, vol. 17(4), pages 1945-1972, December.
    13. Cuong Nguyen, 2018. "Demographic factors, family background and prior self-employment on entrepreneurial intention - Vietnamese business students are different: why?," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 8(1), pages 1-17, December.
    14. Carolin Palmer & Ulrike Fasbender & Sascha Kraus & Stephanie Birkner & Norbert Kailer, 2021. "A chip off the old block? The role of dominance and parental entrepreneurship for entrepreneurial intention," Review of Managerial Science, Springer, vol. 15(2), pages 287-307, February.
    15. Brunella Arru, 2020. "An integrative model for understanding the sustainable entrepreneurs’ behavioural intentions: an empirical study of the Italian context," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 22(4), pages 3519-3576, April.
    16. Kim Hoe Looi, 2020. "Contextual Motivations for Undergraduates’ Entrepreneurial Intentions in Emerging Asian Economies," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 29(1), pages 53-87, March.
    17. Florian Kreer & René Mauer & Steffen Strese & Malte Brettel, 2018. "On private equity exits of family firms in the German Mittelstand," Journal of Business Economics, Springer, vol. 88(3), pages 503-529, May.
    18. Douglas, Evan J. & Shepherd, Dean A. & Venugopal, Vidhula, 2021. "A multi-motivational general model of entrepreneurial intention," Journal of Business Venturing, Elsevier, vol. 36(4).
    19. Chatterjee, Sheshadri & Chaudhuri, Ranjan & Vrontis, Demetris & Thrassou, Alkis, 2022. "SME entrepreneurship and digitalization – the potentialities and moderating role of demographic factors," Technological Forecasting and Social Change, Elsevier, vol. 179(C).
    20. Katharina Fellnhofer & Susan Mueller, 2018. "“I Want to Be Like You!”: The Influence of Role Models on Entrepreneurial Intention," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 26(02), pages 113-153, June.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ipg:wpaper:2019-002. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ingmar Schumacher (email available below). General contact details of provider: https://edirc.repec.org/data/ipagpfr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.