Paper Title
Framework for Silver Economy Research: Integrating Theory, Concepts and Modelling
Article Identifiers
: Authors
Keywords
Silver Economy, Population Aging, Demographic Transition, Active Aging, Gerontechnology
Abstract
The Silver Economy constitutes a transformative socioeconomic paradigm encompassing all economic activities, products, and services targeting older adults aged 50 and above while leveraging their substantial purchasing power. This comprehensive research framework tackles fundamental methodological limitations within Silver Economy scholarship by developing an integrated, multidisciplinary methodology that unifies diverse theoretical foundations with sophisticated analytical methodologies. Worldwide demographic shifts drive this economic transformation, with projections indicating that persons aged 65 and older will comprise 16 per cent of the global population by 2050. Conservative projections estimate the global Silver Economy may achieve approximately $15 trillion by 2030, constituting nearly 25 per cent of worldwide GDP. Nevertheless, current research methodologies remain compartmentalised across isolated academic disciplines, creating theoretical discrepancies and analytical limitations. This integrated framework synthesises perspectives from demography, economics, sociology, and public health, delivering crucial instruments for policymakers and business executives confronting demographic-induced economic transitions. The methodological approach incorporates multifaceted dimensions: economic metrics evaluating market mechanisms and consumer patterns; social elements analysing life quality and community participation; technological components examining digital accessibility and supportive technologies; and governance aspects addressing regulatory structures and infrastructure advancement. The framework utilises advanced predictive modelling techniques, incorporating demographic projection systems, health and longevity estimation models, and econometric methodologies to analyse intricate connections between population transitions and economic outcomes. Comparative regional studies across Europe, Asia, and North America illustrate varied Silver Economy development strategies, complemented by sectoral examinations spanning healthcare, financial services, housing, and technological innovations. Research outcomes challenge dependency assumptions, demonstrating that older populations maintain considerable economic influence and technological flexibility. The framework establishes demographic predictability as a remarkably stable investment opportunity, promoting a conceptual transformation from perceiving population ageing as an economic liability toward recognising seniors as vibrant economic participants. Effective Silver Economy advancement demands collaborative stakeholder participation, age-inclusive infrastructure, and creative service provision models that foster active ageing while maintaining consumer safeguards and universal accessibility.
Downloads
How To Cite (APA)
R. Durai, S. Ramaswamy, & Sruthi Mohan (September-2025). Framework for Silver Economy Research: Integrating Theory, Concepts and Modelling. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 10(9), b230-b249. https://ijnrd.org/papers/IJNRD2509123.pdf
Issue
Volume 10 Issue 9, September-2025
Pages : b230-b249
Other Publication Details
Paper Reg. ID: IJNRD_309474
Published Paper Id: IJNRD2509123
Downloads: 00032
Research Area: Science and Technology
Author Type: Indian Author
Country: -, -, India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2509123.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2509123
About Publisher
Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)
UGC CARE JOURNAL PUBLICATION | ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar | ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
Publisher: IJNRD (IJ Publication) Janvi Wave | IJNRD.ORG | IJNRD.COM | IJPUB.ORG
Copyright & License
© 2025 — Authors hold the copyright of this article. This work is licensed under a Creative Commons Attribution 4.0 International License. and The Open Definition.
You are free to share, adapt, and redistribute the material, provided proper credit is given to the original author. 🛡️ Disclaimer: The content, data, and findings in this article are based on the authors’ research and have been peer-reviewed for academic purposes only. Readers are advised to verify all information before practical or commercial use. The journal and its editorial board are not liable for any errors, losses, or consequences arising from its use.
Publication Timeline
Article Preview: View Full Paper
Call For Paper
IJNRD is a Scholarly Open Access, Peer-Reviewed, Refereed, and UGC CARE Journal Publication with a High Impact Factor of 8.76 (calculated by Google Scholar & Semantic Scholar | AI-Powered Research Tool). It is a Multidisciplinary, Monthly, Low-Cost, and Transparent Peer Review Journal Publication that adheres to the UGC CARE 2025 Peer-Reviewed Journal Policy and aligns with Scopus Journal Publication standards to ensure the highest level of research quality and credibility.
IJNRD offers comprehensive Journal Publication Services including indexing in all major databases and metadata repositories, Digital Object Identifier (Crossref DOI) assignment for each published article with additional fees, citation generation tools, and full Open Access visibility to enhance global research reach and citation impact.
The INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT (IJNRD) aims to advance applied, theoretical, and experimental research across diverse academic and professional fields. The journal promotes global knowledge exchange among researchers, developers, academicians, engineers, and practitioners, serving as a trusted platform for innovative, peer-reviewed journal publication and scientific collaboration.
Indexing Coverage: Google Scholar, SSRN, ResearcherID-Publons, Semantic Scholar (AI-Powered Research Tool), Microsoft Academic, Academia.edu, arXiv.org, ResearchGate, CiteSeerX, ResearcherID (Thomson Reuters), Mendeley, DocStoc, ISSUU, Scribd, and many other recognized academic repositories.
How to submit the paper?
By Our website
Click Here to Submit Paper Online
You can now publish your research in IJNRD. IJNRD is a Transparent Peer-Reviewed Open Access Journal Publication (Refereed Journal), aligning with New UGC and UGC CARE recommendations.
For more details, refer to the official notice: UGC Public Notice
Submit Paper Online
Important Dates for Current issue
Paper Submission Open For: November 2025
Current Issue: Volume 10 | Issue 11 | November 2025
Impact Factor: 8.76
Last Date for Paper Submission: Till 30-Nov-2025
Notification of Review Result: Within 1-2 Days after Submitting paper.
Publication of Paper: Within 01-02 Days after Submititng documents.
Frequency: Monthly (12 issue Annually).
Journal Type: IJNRD is an International Peer-reviewed, Refereed, and Open Access Journal with Transparent Peer Review as per the new UGC CARE 2025 guidelines, offering low-cost multidisciplinary publication with Crossref DOI and global indexing.
Subject Category: Research Area
Call for Paper: More Details
Approval, Licenses and Indexing: More Details
