News Column

Investigators at Aalto University Detail Findings in Economic Geography (Beyond financialization: older entrepreneurship and retirement planning)

August 8, 2014



By a News Reporter-Staff News Editor at Economics Week -- Data detailed on Economic Geography have been presented. According to news originating from Aalto, Finland, by VerticalNews correspondents, research stated, "Recent research in economic geography and management studies has scrutinized financialization and its permeation into 'everyday' life. In particular, studies have highlighted how government policy is transferring the responsibility of pension planning to individuals, where retirement income is funded from financial market returns."

Our news journalists obtained a quote from the research from Aalto University, "However, research has also suggested that a financialized model of retirement is not fully viable. Our study seeks to contribute to research on the geographies of retirement planning by examining an emerging model of retirement: older entrepreneurship. In doing so, we examine how households and individuals are attempting to manage the inadequacies of finance-centric retirement plans through the development of enterprises in 'retirement."

According to the news editors, the research concluded: "Specifically, we explore how people are running businesses from home at an 'older' age, displacing the notion of 'retirement' with a work-retirement balance."

For more information on this research see: Beyond financialization: older entrepreneurship and retirement planning. Journal of Economic Geography, 2014;14(4):849-864. Journal of Economic Geography can be contacted at: Oxford Univ Press, Great Clarendon St, Oxford OX2 6DP, England. (Oxford University Press - www.oup.com/; Journal of Economic Geography - joeg.oxfordjournals.org)

The news correspondents report that additional information may be obtained from T. Wainwright, Aalto Univ, Dept. of Management Studies, Sch Business, FI-00076 Aalto, Finland.

Keywords for this news article include: Aalto, Europe, Finland, Economic Geography

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Source: Economics Week


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