Senior entrepreneurship in Latin America

  1. Amorós, José Ernesto 1
  2. Leporati, Marcelo 2
  3. Torres Marín, Alfonso Jesús 3
  1. 1 EGADE Business School, Tecnológico de Monterrey y Universidad del Desarrollo
  2. 2 EAE Business School
  3. 3 Universidad Internacional de la Empresa, UNIE
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Journal:
Emprendimiento y negocios internacionales

ISSN: 2530-5603

Year of publication: 2023

Issue Title: Emprendimiento y Negocios Internacionales

Volume: 8

Issue: 2

Pages: 6-9

Type: Article

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Abstract

This research analyzes  factors that influence the decision of the senior population (+50 years) to engage in entrepreneurship activities in Latin American countries. We used data from the Global Entrepreneurship Monitor with a sample of 22,139 individual observations. We also used the Human Development Index to seize the level of development. Some individual factors such as personal income, education, and occupation have a significant influence in senior entrepreneurship. The level of human development of a country has a negative influence mainly on opportunity-based entrepreneurs. Our research has policy and practical implications, primarily those related to labor markets and social protection.

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