The Role of Entrepreneurship in Sustainable Livelihood Strategies of Old Aged People; Evidence from Sargodha, Pakistan

Abstract

In the last decade empirical studies have focused on the importance of entrepreneurship in old age. At the age of retirement, people hold good experience of any particular sector. This study explored the livelihood strategies of old age people in Sargodha city, taking into account the notion of poverty. Elderly people have to face number of social problems during their lives. They do not have proper access over the resources necessary to enhance their livings and survival. In this study, qualitative approach was used. In depth interviews and case study method were used to get an insight of this problem. This study is comprised of four case studies. Sample was selected through purposive sampling. SLA approach (Sustainable Livelihoods Approach) and DFID (Department for International Development) framework were used for the analysis of activities of case studies. Old age people reported different factors that affected their health, household’s wellbeing and increase their socio-economic insecurity.