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Book part
Publication date: 21 October 2019

Brad C. Anderson

Abstract

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Values, Rationality, and Power: Developing Organizational Wisdom
Type: Book
ISBN: 978-1-83867-942-2

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Article
Publication date: 13 April 2010

Blaine J. Branchik

The purpose of this paper is to periodize the history of the US senior market segment, a large, lucrative target market.

Abstract

Purpose

The purpose of this paper is to periodize the history of the US senior market segment, a large, lucrative target market.

Design/methodology/approach

The paper uses a four‐step adaptation of an existing framework, periodizing the segment's history into three phases: independence phase, mid‐nineteenth century‐1935; growing affluence phase, 1935‐1965; and maturity phase, 1965 to present.

Findings

The senior market began with urbanization resulting from the industrial revolution. The growth of private pensions, two World Wars, a variety of governmental programs such as the GI Bill and Social Security and Medicare Acts, political power resulting from the establishment of groups such as the American Association of Retired Persons, and increasing stress on inclusiveness in marketing accelerated the growth of the market. As baby boomers age, the market is sure to grow in scope and market power.

Research limitations/implications

Time and space limitations require that this paper focus on the senior market only in the USA, and analyze only broad activities, events, and trends.

Originality/value

This paper contributes to the study of marketing history and market segmentation in particular by analyzing the origins and growth of this very large and unique market segment – largely due to the fact that it currently represents about 12 percent of the US population, unique in that all Americans are or likely will be members. It illustrates the confluence of government policy, marketers' never‐ending drive to find new target markets via product differentiation, and the importance of demographic change.

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Journal of Historical Research in Marketing, vol. 2 no. 2
Type: Research Article
ISSN: 1755-750X

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Article
Publication date: 12 September 2019

Shanthi Johnson, Juanita Bacsu, Tom McIntosh, Bonnie Jeffery and Nuelle Novik

Social isolation and loneliness are global issues experienced by many seniors, especially immigrant and refugee seniors. Guided by the five-stage methodological framework…

Abstract

Purpose

Social isolation and loneliness are global issues experienced by many seniors, especially immigrant and refugee seniors. Guided by the five-stage methodological framework proposed by Arksey and O’Malley and more recently Levac, Colquhoun and O’Brien, the purpose of this paper is to explore the existing literature on social isolation and loneliness among immigrant and refugee seniors in Canada.

Design/methodology/approach

The authors conducted a literature search of several databases including: PubMed; MEDLINE; CINAHL; Web of Science; HealthStar Ovid; PschyInfo Ovid; Social Services Abstracts; AgeLine; Public Health Database, Google Scholar and Cochrane Library. In total, 17 articles met the inclusion criteria.

Findings

Based on the current literature five themes related to social isolation and loneliness emerged: loss; living arrangements; dependency; barriers and challenges; and family conflict.

Research limitations/implications

Given the increasing demographic of aging immigrants in Canada, it is useful to highlight existing knowledge on social isolation and loneliness to facilitate research, policy and programs to support this growing population.

Practical implications

The population is aging around the world and it is also becoming increasingly diverse particularly in the high-income country context. Understanding and addressing social isolation is important for immigrant and refugee seniors, given the sociocultural and other differences.

Social implications

Social isolation is a waste of human resource and value created by seniors in the communities.

Originality/value

The paper makes a unique contribution by focusing on immigrant and refugee seniors.

Details

International Journal of Migration, Health and Social Care, vol. 15 no. 3
Type: Research Article
ISSN: 1747-9894

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Article
Publication date: 6 November 2017

Donald Haurin and Stephanie Moulton

This paper links the literatures on the life-cycle hypothesis, homeownership, home equity and pensions. Empirically, the focus is on the EU and USA. The paper aims to…

Abstract

Purpose

This paper links the literatures on the life-cycle hypothesis, homeownership, home equity and pensions. Empirically, the focus is on the EU and USA. The paper aims to explore the extent that seniors extract their home equity and discuss the financial instruments available for equity extraction.

Design/methodology/approach

The study uses data from the EU and USA to determine homeownership rates, house values and mortgage debt. With these values, the amount of seniors’ home equity is measured for each country. The usage of home equity extraction methods is reported and factors limiting their use are identified.

Findings

Seniors’ home equity is a substantial share of their total wealth. Estimates for 2013 are that their home equity equals about €5tn in the USA and over €8tn in large EU countries. The authors find that only a small share of seniors extracts their home equity. While there are supply side constraints in many countries, the evidence suggests that the cause of low extraction rates is the lack of demand. Various reasons for the lack of demand are discussed.

Practical implications

The increasing share of seniors in most countries’ population suggests that there will be increasing pressure on public pension systems. One among many options to address this issue is to impose a wealth test for eligibility, where wealth includes home equity. This study suggests that although home equity is substantial for many seniors, they are reluctant to access the funds.

Originality/value

The paper highlights the importance of home equity in the EU and USA and the factors that affect the primary methods of extraction.

Details

Journal of European Real Estate Research, vol. 10 no. 3
Type: Research Article
ISSN: 1753-9269

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Article
Publication date: 1 June 2003

Sung‐hyuk Kim, Hong‐bumm Kim and Woo Gon Kim

This study examines how the lifestyle of senior citizens affects their choices of retirement communities. A survey was conducted among 256 potential customers of elderly…

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Abstract

This study examines how the lifestyle of senior citizens affects their choices of retirement communities. A survey was conducted among 256 potential customers of elderly housing, targeting citizens over 45 years old who were residents of Seoul, the capital city of Korea, at the time of the survey. Findings reveal that most respondents preferred a location based in proximity to Seoul, convenience to the suburbs, a pleasant surrounding environment, and physical equipment and facilities. Medical services and community services were also found to have an impact on preference for residency. Canonical correlation analysis between the factors of elderly lifestyle and selection attribute factors of senior housing facilities demonstrates various significant relationships with implications for developers.

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Journal of Consumer Marketing, vol. 20 no. 3
Type: Research Article
ISSN: 0736-3761

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Article
Publication date: 19 December 2016

Florian Feldwieser, Michael Marchollek, Markus Meis, Matthias Gietzelt and Elisabeth Steinhagen-Thiessen

Senior citizen falls are one of the highest-cost factors of healthcare within this population group. Various approaches for automatic fall detection exist. However, little…

Abstract

Purpose

Senior citizen falls are one of the highest-cost factors of healthcare within this population group. Various approaches for automatic fall detection exist. However, little is known about the seniors’ acceptance of these systems. The purpose of this paper is to investigate the acceptance of automatic fall detection devices as well as the technological commitment and the health status in community-dwelling adults with a predefined risk of falling.

Design/methodology/approach

Seniors with a risk of falling were equipped with either an accelerometer or an accelerometer with an additional visual and optical fall detection system in a sub-group of the study population for a period of eight weeks. Pre- and post-study questionnaires were used to assess attitudes and acceptance toward technology.

Findings

In total, 14 subjects with a mean age of 75.1 years completed the study. Acceptance toward all sensors was high and subjects were confident in their ability to handle technology. Medical assessments showed only very mild physical and no mental impairments. Measures that assured subjects privacy protection were welcomed. Sensor technology should be as unobtrusive as possible.

Originality/value

Privacy protection and uncomplicated use of the fall detection equipment led to high acceptance in seniors with high-technical commitment and good health status. Issues to further improve acceptance could be identified. Future research on different populations is necessary.

Details

Journal of Assistive Technologies, vol. 10 no. 4
Type: Research Article
ISSN: 1754-9450

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Article
Publication date: 1 September 2002

Barbara Mates

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Abstract

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Library Hi Tech News, vol. 19 no. 9
Type: Research Article
ISSN: 0741-9058

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Article
Publication date: 15 May 2018

Teck Hong Tan and Ji Hei Lee

Many of the existing senior living accommodation options in Malaysia are ill-suited to the needs and requirements of seniors as they age further. To establish best…

Abstract

Purpose

Many of the existing senior living accommodation options in Malaysia are ill-suited to the needs and requirements of seniors as they age further. To establish best practice guidance to meet the housing needs for seniors, the purpose of this paper is to examine the effect of neighbourhood quality, locational and structural attributes on the likelihood of owning a retirement home among the young-old aged 60 to 74 years in Malaysia.

Design/methodology/approach

In this paper, 300 young-old retirees from Greater Kuala Lumpur, Malaysia were interviewed using purposive sampling. Only 240 were used for the analysis.

Findings

The results revealed that respondents are likely to own the retirement home which could support their overall health and well-being within a safe and supportive senior-friendly neighbourhood. Furthermore, respondents are willing to reside in the retirement home that is served with good access to amenities.

Research limitations/implications

The likelihood of young-old seniors adjusting their housing disequilibrium situation is higher as long as the right housing attributes are incorporated into the retirement home.

Practical implications

The results of this paper would be very pertinent for the development of the physical planning guidelines on settlements and facilities for the elderly in Malaysia.

Originality/value

With the change in cultural values, the increasing life expectancy in senior adult population and improved household income in Malaysia, there is great potential for purpose-built senior housing projects for seniors who need help with activities of daily living, but desire to live as independently as possible.

Details

International Journal of Housing Markets and Analysis, vol. 11 no. 4
Type: Research Article
ISSN: 1753-8270

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Article
Publication date: 13 April 2020

Margherita Angioni and Fabio Musso

The purpose of this paper is to analyse the integration of industry 4.0 related technologies of telehealth within innovative housing models addressed to senior population

Abstract

Purpose

The purpose of this paper is to analyse the integration of industry 4.0 related technologies of telehealth within innovative housing models addressed to senior population, in order to facing the growing issue of a sustainable management of the population ageing.

Design/methodology/approach

A qualitative exploratory analysis of four case studies of senior cohousing facilities located in different countries was performed. The cases analysed were selected as pioneering cases in the adoption of innovative and economically sustainable organizational solutions.

Findings

The study made it possible to identify which are the common characters that successful experiences have highlighted. Although each facility needs to adapt to the social, cultural, demographic and economic context in which it is located, there are some recurring aspects, which have proved to be key success factors.

Research limitations/implications

This research analyses only four cases. This suggests that the sample does not provide an exhaustive representation of the models adopted in this field. However, the study is an exploratory research and it can provide a basis for further analyses.

Practical implications

This study provides valuable indications for the design and management of senior cohousing facilities, as regards the services to be offered, the network of services and facilities that can be complementary to the residences, the activities to be conducted and organized, the degree of involvement of the elderly in the planning of activities and services. With regard to the adoption of telehealth-related technologies, the study provides indications on which new technologies resulting from the industry 4.0 revolution are going to be adopted, that is, remote surveillance, remote diagnostics and the use of sensors and video. These technologies, thanks to the artificial intelligence, can detect anomalies and provide predictive analyses on the behaviour and health of the elderly.

Originality/value

The study made it possible to identify the key success factors for senior cohousing facilities regardless of the characteristics of the context in which they are located. In addition, it provides a first analysis of the potential of telehealth-related technological solutions, paving the way for further studies aimed at assessing how, thanks to new technologies, the level of economic sustainability of senior cohousing solutions can be improved.

Details

The TQM Journal, vol. 32 no. 4
Type: Research Article
ISSN: 1754-2731

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Article
Publication date: 1 May 2004

Jacqueline K. Eastman and Rajesh Iyer

Despite the growth of the Internet, one area that marketers have not really discussed is the elderly's use of the Internet. Given the rapid growth of this population as…

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10391

Abstract

Despite the growth of the Internet, one area that marketers have not really discussed is the elderly's use of the Internet. Given the rapid growth of this population as well as the potential the Internet holds for them, it is a subject worth consideration. This paper discusses the use of the Internet by a national random survey of elderly consumers and the impact of attitude, innovation, and demographics on their use. This study shows that the elderly consumers have favorable intentions towards using the Internet; most learned to use the Internet on their own; and they preferred to learn more about the Internet if such classes were offered at convenient locations. Those seniors with higher levels of income are more willing to both use the Internet and purchase products online; while education levels positively impacted only Internet use. Finally, this paper provides implications for marketers and suggestions for future research.

Details

Journal of Consumer Marketing, vol. 21 no. 3
Type: Research Article
ISSN: 0736-3761

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