Academy of Finland
Funding decision
 
Name Bonsdorff von, Monika Elisabeth
Organisation VY
Project title Entrepreneursí retirement process: planning, decision making, transition, and adjustment to life in retirement
Decision No. 320367
Decision date 29.04.2016
Funding period 01.09.2018 - 31.08.2021
Funding 265 724
WebFOCUS Report
Project description
The aim of this interdisciplinary study, combining contemporary theories of psychology and ageing, is to understand a societally important phenomenon, entrepreneursí retirement process i.e. retirement plans, decision making, and transition and adjustment to life in retirement. In addition, individual, organizational and societal-level factors driving these processes will be studied. Due to the nature of running and operating an independent business, the mechanisms underlying entrepreneursí retirement processes, are likely to differ from those of wage earners. Knowledge of entrepreneursí retirement processes is needed, not only to help them transition and adjust to life in retirement, but also to secure successful transfer of business and preservation of future jobs. To support retiring entrepreneurs, information will be produced concerning 1) the general retirement transition, 2) the drivers behind retirement decisions, and 3) factors promoting adjustment to life in retirement.