Catalyzing Cross-Generational Entrepreneurship to Foster Economic Growth, Employ Youth, and Optimize Retirees’ Experience

Solving economic, education, health, and social dilemmas begins by providing opportunities for older and younger generations with common interests to collaborate.  Tapping the power of cross-generational experience catalyzes individual engagement and organizational growth.  Substituting experiential doing then learning for process-based designs represents a new frontier for entrepreneurship research.

Georgetown University
Louise Underdahl
Ronald G. Leach
Ronald Heuss
Matthew Knight
Elizabeth Isele, CEO, Global Institute for Experienced Entrepreneurship
Presentation Date: 
Tuesday, March 6, 2018
Event or Conference: 
6th International Conference on Innovation and Entrepreneurship 2018
Presentation Type: 
Paper Presentation
Boyer's Domain: 
Presentation Location: 
United States
Abstract: 
Global demographic and economic trends reflect increasing numbers of unemployed youth and potential retirees. Ontological perspective determines whether these data present problems or opportunities. Transforming challenges into achievements is predicated on capacity to see the world differently and visualize solutions to unprecedented situations. Relevant, results-oriented school curricula aligned with industry needs enhance employability. Matching thematic interests of youth with thematic experiences of 55+ individuals creates reciprocal learning circles and develops social capital. The purpose of this conceptual study is to explore strategies to operationalize intergenerational entrepreneurship through the lens of career technical education and propose a research model to create industry relationships that work, thereby reducing both youth unemployment and the potential economic burden of supporting increasing numbers of retirees. Activating intergenerational experience is today's competitive advantage. These findings may empower economic, political, academic, healthcare, social, and cultural leaders to develop enlightened policies benefiting youth, seniors, and the global community.