The Missing Entrepreneurs 2021

Policies for Inclusive Entrepreneurship and Self-Employment

image of The Missing Entrepreneurs 2021

The Missing Entrepreneurs 2021 is the sixth edition in a series of biennial reports that examine how public policies at national, regional and local levels can support job creation, economic growth and social inclusion by overcoming obstacles to business start-ups and self-employment by people from disadvantaged or under-represented groups in entrepreneurship. It shows that there are substantial untapped opportunities for entrepreneurship in populations such as women, youth, the unemployed, and immigrants and highlights the need for more differentiated government entrepreneurship policies that respond to the specific barriers they face. The report includes an assessment of the impact of COVID-19 across these populations of entrepreneurs and the effectiveness of the policy response. It also contains thematic policy chapters on microfinance and leveraging the potential of immigrant entrepreneurs. These chapters present the range of current policy actions in EU and OECD countries and make recommendations for future policy directions. Finally, the report contains country profiles for each of the 27 EU Member States that identify for each county the major recent trends in entrepreneurship by women, youth, seniors and immigrants, the key policy issues and the recent policy actions.


Seniors’ self-employment and entrepreneurship activities

Overall, self-employment rates increase with age. About 18% of working people aged 50 to 64 years old are self-employed, about 4 percentage points above the overall average. This share increases to 39% for those 65-69 years old and 52% for those 70-74 years old. Moreover, about one-third of these businesses employ others. This chapter presents data and trends on self-employment and entrepreneurship activities by seniors for European Union Member States and OECD countries. It also discusses barriers to entrepreneurship and policy approaches used to support seniors in business creation and self-employment.



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