Quotation Kautonen, Teemu, Hatak, Isabella, Kibler, Ewald, Wainwright, Thomas. 2015. Emergence of Entrepreneurial Behaviour: The Role of Age-Based Self-Image. Journal of Economic Psychology 50, 41-51.




This study introduces an individual’s perception of their entrepreneurial potential in terms of their age (age-based self-image) to complement chronological age as a predictor of entrepreneurial behaviour. The principal hypothesis is that a positive age-based self-image enhances the likelihood of individuals turning their intention to start a business into actual behaviour. The empirical analysis based on data collected on the general adult population of Finland in 2011 and 2012 (n = 672) supports this hypothesis. The analysis further shows that this positive effect is independent of the individual’s chronological age, and it is thus applicable to both age groups that are under-represented in entrepreneurship: ‘youngsters’ and ‘seniors’. Promoting the development of a positive age-based self-image is a prospective policy option for fostering entrepreneurship among younger and older age groups. More in-depth research, especially concerning the antecedents of positive age-based self-image, is required for the effectiveness of such policy interventions.


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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Journal article
Journal Journal of Economic Psychology
Citation Index SSCI
WU Journalrating 2009 A
WU-Journal-Rating new FIN-A, STRAT-B, VW-C, WH-B
Language English
Title Emergence of Entrepreneurial Behaviour: The Role of Age-Based Self-Image
Volume 50
Year 2015
Page from 41
Page to 51
Reviewed? Y
DOI http://dx.doi.org/10.1016/j.joep.2015.07.004


Hatak, Isabella (Former researcher)
Kautonen, Teemu (Aalto University, Finland)
Kibler, Ewald (Aalto University, Finland)
Wainwright, Thomas (Southampton Business School, United Kingdom)
Institute for Small Business Management and Entrepreneurship IN (Details)
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