Description/Abstract

This research examines the survival and growth of U.S. veteran-owned businesses, focusing on gender and race disparities. Using longitudinal microdata from 1976–2019, the study reveals that veteran-owned firms exhibit higher survival rates, greater revenues, and strong payroll performance compared to nonveteran businesses, though they experience lower employment growth. Women veterans show notable resilience, suggesting military experience helps mitigate gender gaps in entrepreneurship. Findings highlight the need for targeted policies, such as improved access to capital and workforce planning, to support scaling among women and minority veteran entrepreneurs. The study provides critical insights for policymakers and future research on vetrepreneurship.

Original Citation

Deming, K., Carpenter, C. W., & Anders, J. (2024). Experiences of women and minoritized US military veteran business owners: Descriptive evidence on “Vetrepreneur” survival and growth. Journal of Entrepreneurship and Public Policy, 14(1), 1–23. https://doi.org/10.1108/jepp-07-2023-0063

Document Type

Brief

Disciplines

Military and Veterans Studies

Extent

2 Pages

DCMI Type

Text

Keywords

Veterans, Small business, Federal administrative data, Discrimination, Entrepreneurship employees

Publisher

Institute for Veterans and Military Families at Syracuse University

Date

11-13-2025

Language

English

Creative Commons License

Creative Commons Attribution 4.0 International License
This work is licensed under a Creative Commons Attribution 4.0 International License.

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