I'm investigating extremely delayed retirement among old entrepreneurs, from both organizational and psychological point of view. Could anyone suggest me specific literature?
if i may ask, why would you be interested in this?
you can look at literature on family firms and their succession. perhaps someone addressed the issue of delayed succession as part of this. it is definitely a lead i would consider.
also, heuristics/ cognitive bias literature. one bias may be to delay abandoning.
to really suggest literature, one needs to know why you are asking
dear Brian, I'm I' interested because business succession literature lacks of specific empirical research on deep motivations in retirement resistance. A promising stream of research is heavy work investment, but it is still in its dawn...
thank you for your helpful suggestions
the cognitive bias i was referring to in the case of entrepreneurship is being married to an opportunity or project.
one may extend it to succession. there may be a number of reasons for this.
it may form his life work, thus implying heavy (psychological) commitment on the side of the owner.
the owner may have incorporated the venture into his character or identity, such that it is difficult for him to see himself apart from the venture.
also, for some reason, the owner can not afford to leave the venture. reasons may be financial reasons or a significant drop in quality of life or prestige/ status.
the cases also suggest the lack of a motivating force post succession. there is little motivating the person to step down, and it may seem to him that stepping down would mean an "end" to his life.
in the case of family businesses, the current owner may fear that the successor is inapt, and thus feels compelled to stay on.
Filippo, i did not see your latest post. look at literature on role identification. literature on motivation and general psychology should also be helpful.
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