Senior Entrepreneurship

One focus of research at the Field Center is the examination of trends and issues of Entrepreneurship among populations over the age of 50. Beginning in 2006, the Field Center ran the first symposium to bring together experts in the areas of aging, employment and entrepreneurship to discuss the relevant issues and lay out a path for future study. Among the organizations and institutions represented at this symposium were AARP, Boston College, the University of Miami, the United Jewish Appeal, the Kauffman Foundation, the New School, and the Conference Board. Based on the conclusions that came from the discussions at the symposium, the faculty at the Field Center, along with colleagues from other institutions, carried out research using existing data sources to learn more about this important and growing trend of entrepreneurship among older populations. Several papers were published on this research and they show that older groups are the most entrepreneurial of any age group and have special issues related to risk tolerance, goals, and family. To put some of these findings into practice, the Field Center hosted an all-day event called Take Two for aspiring entrepreneurs and business owners ages 50 and over. These interests led to an active collaboration with “Senior Entrepreneurship Works”, an advocacy organization for senior entrepreneurs.  In addition, Professor Edward Rogoff co-authored a book with David Carroll for 50+ entrepreneurs titled The Second Chance Revolution. You can learn more about on the Senior Entrepreneurship Tab on the website.