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The State of Veteran Entrepreneurship Research: What We Know and Next Steps

This paper reviews the current state of research on veteran entrepreneurship, identifies critical gaps, and offers recommendations for future research. This publication is primarily from the Institute for Veterans and Military Families (IVMF) at Syracuse University. The work was made possible through the support of JPMorgan Chase & Co. and the Center of Excellence for Veteran Entrepreneurship (First Data Corporation, Founding Partner).

Research Highlights

  • Veterans are more likely to own their own business than those with no active-duty military experience
  • Recent numbers show an increase women and minority veterans entering into entrepreneurship
  • A majority of the knowledge on veteran entrepreneurship is concentrated on veteran-specific trait

Paper

veteranentrepreneurshipAuthors: Nyasha Boldon, Rosalinda Maury, Nicholas Armstrong, Ryan Van Slyke

This review reveals that a majority of the knowledge on veteran entrepreneurship is concentrated on veteran-specific traits, how these traits equip them to be successful entrepreneurs, and employment assistance programs for veterans with a service-connected disability. The paper is organized into three sections: a background section on national- and veteran-owned business ownership trends, a review of the current academic literature on veteran entrepreneurship, and a final section that identifies key research gaps and next steps, including emerging topics of interest such as women veteran and minority veteran business owners.

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