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What is DANE

Senior Entrepreneurship and Aging in Modern Business
It is the National Administrative Department of Statistics in Colombia.
Published in Chapter:
Industrial Firm Performance, Entrepreneurial Age, and Managerial Practice
Carlos Augusto Rincón Díaz (La Salle University, Colombia), Jorge Alberto Gámez-Gutiérrez (Uniagustiniana, Colombia), and Robinson Ernesto Calvo (Universidad ECCI, Colombia)
Copyright: © 2020 |Pages: 27
DOI: 10.4018/978-1-7998-2019-2.ch011
Abstract
Some authors and entrepreneurs have weaknesses in their infrastructure, innovation, and management skills. Industrial SMEs contribute to the productivity of countries. In recent years a group of senior entrepreneurs refers to those individuals aged 50 or over who have created a business. It is assumed that senior entrepreneurs have had more time to accumulate human capital. However, human capital can also depreciate. This document analyzes the performance of industrial companies according to the ages and managerial practices of the entrepreneurs, with a sample of 383 companies. Based on two components of the Blackman model, the durability of the SME that depends on the conditions of the entrepreneur, their characteristics, and their management practices. The research design is based on a quasi-experimental and multifactorial, quantitative and deductive methodology. The third part of the entrepreneurs used six management practices that were accompanied by economic benefits. Twelve percent of managing owners are over 40 years of age and show similar performance to younger entrepreneurs.
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More Results
National Public Policy of Aging and Old Age: Opportunity or Need for Senior Entrepreneurship – Bogotá Case
Acronym of Departamento Administrativo Nacional de Estadística (in Spanish), it is the agency responsible for collecting, processing, analyzing, and disseminating the official statistics of Colombia.
Full Text Chapter Download: US $37.50 Add to Cart
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