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Article
Publication date: 28 February 2023

Francisco del Olmo García, Fernando Crecente Romero, Maria Sarabia and Maria Teresa del Val

Over the last decades, the development of entrepreneurial activity has allowed greater growth and economic development in Spain. However, within the analysis of Spanish…

Abstract

Purpose

Over the last decades, the development of entrepreneurial activity has allowed greater growth and economic development in Spain. However, within the analysis of Spanish entrepreneurial dynamics, insufficient attention has been paid to a key group: senior entrepreneurs. The fact that the first two decades of the 21st century have been accompanied by the two worst economic crises in remembrance since the Great Depression of the 1930s has had a great impact on the professional careers of the group of senior workers, whose careers have been cut short due to the closure of companies. In this way, the present work delves into the reality of senior entrepreneurs in Spain, analyzing the main characteristics of this group, which is becoming increasingly important in society.

Design/methodology/approach

Using microdata from the Spanish National Statistics Institute's Labour Force Survey, the study focuses on reference persons who, being 50 years of age or over and actively working, work as an entrepreneur and have started their activity in the last 12 months. The study covers, in turn, the analysis period of the fourth quarters from 2005 to 2020. In relation to the methodology, the work focuses on the use of binary logistic regression techniques, given that the phenomenon to be studied is binary in nature: entrepreneurship or not.

Findings

The main conclusions drawn are the importance of sociodemographic factors such as educational level, age, the profession of the couple as well as the fact of having or not having children. The sector of activity and region are also significant. It is also concluded that senior entrepreneurship in Spain is of a necessary nature, considering the evolution of unemployment and decisions based on pension reform.

Research limitations/implications

The main limitations of the study refer to the lack of socioeconomic information. Thus, it would be interesting to know the link among the sociodemographic characteristics and the economic situation of the professionals, as well as the fact of whether they have started from a previous situation of unemployment or employment.

Practical implications

The obtained conclusions allow progress to be made in the generation of economic policies aimed at the professional reorientation of a group of workers who, due to labor market circumstances, are obliged to end long professional careers and to seek alternatives. In fact, entrepreneurship is a viable professional alternative for these professionals.

Originality/value

Despite the importance of senior professionals in the Spanish economy, more research is needed on their characteristics and needs. Despite important studies such as Socci et al. (2020) or Perez-Encinas et al. (2021), there are not many studies for the Spanish reality. This paper seeks to deepen the understanding of the sociodemographic characteristics of Spanish senior entrepreneurs, based on current public information and considering different stages of the economic cycle.

Details

International Journal of Entrepreneurial Behavior & Research, vol. 29 no. 7
Type: Research Article
ISSN: 1355-2554

Keywords

Content available
Article
Publication date: 17 February 2022

Alba Yela Aránega and Fernando Javier Crecente Romero

215

Abstract

Details

Journal of Enterprising Communities: People and Places in the Global Economy, vol. 16 no. 1
Type: Research Article
ISSN: 1750-6204

Content available

Abstract

Details

International Journal of Entrepreneurial Behavior & Research, vol. 29 no. 7
Type: Research Article
ISSN: 1355-2554

Article
Publication date: 19 May 2021

Sorin Gavrila Gavrila and Antonio de Lucas Ancillo

The purpose of this study is to comprehend and determine the impact of the COVID-19 pandemic on business organizations and society, together with its relationship to…

1922

Abstract

Purpose

The purpose of this study is to comprehend and determine the impact of the COVID-19 pandemic on business organizations and society, together with its relationship to entrepreneurship, innovation, digitization or digital transformation, by means of analysis of the Spanish Internet domains registration data set.

Design/methodology/approach

Following existing literature regarding time series analysis, the authors have designed a SARIMA methodology involving the forecasting of a non-COVID-19 data set from the available data and compared it to the existing COVID-19 data set in order to validate the formulated hypothesis.

Findings

The COVID-19 pandemic was found to be an unfortunate accelerator, regarding entrepreneurship and innovation as a digitization and digital transformation lever, with the results of the Internet domain registration analysis as a reliable indicator.

Originality/value

This research confirms the existence of new non-invasive approaches to complementary information, such as Internet domain registration analysis, that could serve as an early and quick indicator of innovation and entrepreneurship initiatives within business activities.

Article
Publication date: 27 April 2022

Carlos-Javier Prieto-Sánchez and Fernando Merino

The main purpose of this study is to analyze how factors such as innovation, entrepreneurial spirit and motivation, as well as various economic and environmental factors, affect…

Abstract

Purpose

The main purpose of this study is to analyze how factors such as innovation, entrepreneurial spirit and motivation, as well as various economic and environmental factors, affect the creation of born-global (BG) companies.

Design/methodology/approach

The research model was tested through logistic regression techniques to a sample obtained from the Global Entrepreneurship Monitor data set for the period from 2007 to 2016.

Findings

Empirical findings suggest that innovation, entrepreneurial spirit and motivation, as well as government policies, contribute to a company’s likelihood of becoming BG.

Originality/value

Recent research has shown interest in the development of explanatory models of BG firms that allow the study of how context and institutions affect the development of international business activities. Following an integrative and a multidisciplinary approach with a temporal dimension, this study expands the literature by comparing countries with different income levels and analyzing macroeconomic aspects along with certain characteristics of the entrepreneur and the environment as possible determinants. This study provides a better understanding of the prevalence of the BG business phenomenon by paying attention to country characteristics and how they affect the traits of individuals.

Details

Multinational Business Review, vol. 30 no. 4
Type: Research Article
ISSN: 1525-383X

Keywords

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