<p>All researchers of entrepreneurship admit that such social and economic characteristics as age, <br /> gender, education, and income have signicant inuence on the desire to start an entrepreneurial <br /> career and to found a business, thus being a major determinant of entrepreneurial landscape of the <br /> country. <br /> An analysis of entrepreneurs’ age structure reveals differences in age characteristics of <br /> different types of people who start their own businesses. The age distribution of entrepreneurial <br /> activity is shaped partly by the desire to create a business, which diminishes with age, and partly by <br /> knowledge, skills, and capital, which increase with age. This helps explain the fact that the share of <br /> older people is higher among owners of established businesses than among early stage <br /> entrepreneurs.</p>