Religiosity as a Moderating Variable for Generation X and Generation Baby Boomer

Abstract

The objectives of this research are (1) to analyze whether religiosity is a moderating variable which affects the extrinsic motivation, intrinsic motivation, and perceived risk toward the successes of generation X entrepreneurship, (2) to investigate whether religiosity is a moderating variable which affects the extrinsic motivation, intrinsic motivation, and perceived risk toward the successes of generation Baby Boomer entrepreneurship. This study was conducted in Indonesia with respondents of anyone who has a good business aged over 50 years or often called as baby boomer generation and who are under 50 years or called generation X (Howe and Staruss, 2007). To generation X, religiosity variable is a variable which moderates the effects of the extrinsic motivation, intrinsic motivation, and perceived risk toward the successes of entrepreneurship, while to Baby Boomer generation, it is not a variable which moderates the effects of the extrinsic motivation, intrinsic motivation, and perceived risk toward the successes of entrepreneurship because it is considered as an inherent part of themselves. Those prior studies have tapped on the issues related to business after retirement, challenges of retirement, successful and happy retirement, and retirement preparation yet they have not yet specifically discussed about the true measurement of business after retirement as well as its influential antecedents. In another word, this study is unique in terms of its high relevance and urgency to be analyzed deeper as the reference for workers in facing retirement