Book chapter 2020

Entrepreneurship Education for “Mature Preneurs”: The Role of Positive Psychology in Active Aging

Contributions to Management Science
Journal · pp. 101-121
Abstract

In most developed nations entrepreneurs over 50 represent 26–34% of new business start-ups and they are most the successful and fastest growing entrepreneurship segment. They are more successful because they have more human, social and financial capital than younger entrepreneurs, but they may also have less formal entrepreneurship training. These Mature Preneurs are more likely to learn through heutagogy and andragogy principles than traditional pedagogic delivery methods. Entrepreneurship curriculum needs to explicitly address the issue of successful identity transformation from worker into Business Owner. Positive psychology needs to be part of the curriculum to provide entrepreneurs with valuable entrepreneurial personality characteristics such as goal orientation, resilience, and perseverance. Relevant educational strategies, such as the accessing the Entrepreneurship Ecosystem and Project Based Learning should be employed. Finally, entrepreneurship education for Mature Preneurs should be delivered by experienced and successful mature entrepreneurs, who exhibit positive psychology and entrepreneurial personality characteristics. © 2020, Springer Nature Switzerland AG.

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Author Affiliations
Nobel International Business School, Accra, Ghana
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References 10 References
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