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Senior Entrepreneurship in the Neighborhood Stores: Bogota Study Case

Senior Entrepreneurship in the Neighborhood Stores: Bogota Study Case
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Author(s): Omar Alonso Patiño C. (EAN University, Colombia), Michael Enrique Torres Franco (EAN University, Colombia)and Laura Marcela Patiño G. (UNICAFAM, Colombia)
Copyright: 2020
Pages: 23
Source title: Senior Entrepreneurship and Aging in Modern Business
Source Author(s)/Editor(s): José Manuel Saiz-Álvarez (EGADE Business School, Tecnologico de Monterrey, Mexico & Mexican Academy of Sciences, Mexico)and Jorge Alberto Gámez-Gutiérrez (Uniagustiniana, Colombia)
DOI: 10.4018/978-1-7998-2019-2.ch006

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Abstract

Senior entrepreneurship is a topic that has recently given rise to research processes, given the change that occurs in the composition of the world population, with a declining birth rate and a life expectancy upward, and the permanent need of governments to generate more jobs. The first studies of senior entrepreneurship were conducted in the mid-90s, when it began to be identified that people over 50 were developing business initiatives, late, with particularities that differentiated them from the creation of companies in a general framework. In Colombia research processes have not been developed on this topic, and given the importance of it, this chapter presents the results of entrepreneurship in neighborhood stores, establishing the differences that are found between young entrepreneurs and mature entrepreneurs, in the integral management of their business.

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