IDEAS home Printed from https://ideas.repec.org/a/bjc/journl/v11y2024i9p915-922.html
   My bibliography  Save this article

The Soldier’s Second Act: Navigating the Challenges and Opportunities of Entrepreneurship After Retirement

Author

Listed:
  • Norhasyikin Rozali

    (Faculty Business and Management, Universiti Teknologi MARA Cawangan Kedah Sungai Petani,)

  • Zalina Jonit

    (Perbadanan Hal Ehwal Bekas Angkatan Tentera (PERHEBAT))

  • Mohd Shahid Azim Mohd Saufi

    (Faculty Business and Management, Universiti Teknologi MARA Cawangan Kedah Sungai Petani,)

  • Mohd Shahid Azim Mohd Saufi

    (Faculty Business and Management, Universiti Teknologi MARA Cawangan Kedah Sungai Petani,)

  • Suheil Che Sobry

    (Faculty Business and Management, Universiti Teknologi MARA Cawangan Kedah Sungai Petani,)

Abstract

The transition from military duty to civilian entrepreneurship has distinct obstacles and possibilities. This phenomenal movement has garnered significant interest as seen from the increasing number of veterans engaging in entrepreneurial endeavors. The present study examines the diverse experiences of former military personnel who engage in entrepreneurial endeavors, with a specific emphasis on the obstacles encountered and the prospects they profit from. The present study employs a conceptual research approach that emphasizes on the synthesis and analysis of extant literature pertaining to the obstacles and prospects encountered by veterans during their transition into entrepreneurship. The findings of this study highlight notable challenges, such as restricted access to civilian networks and financial limitations. However, they also demonstrate that veterans have transferable competencies such as leadership and strategic analytical abilities. Furthermore, this study reveals some effective techniques employed by veteran entrepreneurs, for instance using military networks and implementing focused training programs. The aforementioned findings highlight the necessity of customized support initiatives that cater to the distinct requirements of veteran entrepreneurs. Furthermore, they propose that the integration of military and civilian resources can immensely facilitate the process of transitioning. The present study contributes to the extant body of literature by offering valuable insights that can be applied by policymakers, veteran support organizations, and researchers seeking to enhance entrepreneurial results among former military veterans.

Suggested Citation

  • Norhasyikin Rozali & Zalina Jonit & Mohd Shahid Azim Mohd Saufi & Mohd Shahid Azim Mohd Saufi & Suheil Che Sobry, 2024. "The Soldier’s Second Act: Navigating the Challenges and Opportunities of Entrepreneurship After Retirement," International Journal of Research and Scientific Innovation, International Journal of Research and Scientific Innovation (IJRSI), vol. 11(9), pages 915-922, September.
    • Handle: RePEc:bjc:journl:v:11:y:2024:i:9:p:915-922
    as

    Download full text from publisher

    File URL: https://www.rsisinternational.org/journals/ijrsi/digital-library/volume-11-issue-9/915-922.pdf
    Download Restriction: no
    File URL: https://rsisinternational.org/journals/ijrsi/articles/the-soldiers-second-act-navigating-the-challenges-and-opportunities-of-entrepreneurship-after-retirement/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Gary S. Becker, 1964. "Human Capital: A Theoretical and Empirical Analysis with Special Reference to Education, First Edition," NBER Books, National Bureau of Economic Research, Inc, number beck-5, January.
    2. Jean-Michel Mercier & Fardous Hosseiny & Sara Rodrigues & Anthony Friio & Suzette Brémault-Phillips & Duncan M. Shields & Gabrielle Dupuis, 2023. "Peer Support Activities for Veterans, Serving Members, and Their Families: Results of a Scoping Review," IJERPH, MDPI, vol. 20(4), pages 1-22, February.
    3. Elina Jaakkola, 2020. "Designing conceptual articles: four approaches," AMS Review, Springer;Academy of Marketing Science, vol. 10(1), pages 18-26, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Prof. Dr. Adem KALCA & Resc. Assist. Atakan DURMAZ, 2012. "Diaspora As The Instrument Of Humane Capital," International Journal of Business and Social Research, LAR Center Press, vol. 2(5), pages 94-104, October.
    2. Marina Dabić & Jane Maley & Leo-Paul Dana & Ivan Novak & Massimiliano M. Pellegrini & Andrea Caputo, 2020. "Pathways of SME internationalization: a bibliometric and systematic review," Small Business Economics, Springer, vol. 55(3), pages 705-725, October.
    3. Vanderstraeten, Johanna & van Witteloostuijn, Arjen & Matthyssens, Paul, 2020. "Organizational sponsorship and service co-development: A contingency view on service co-development directiveness of business incubators," Technovation, Elsevier, vol. 98(C).
    4. Shahbaz, Muhammad & Song, Malin & Ahmad, Shabbir & Vo, Xuan Vinh, 2022. "Does economic growth stimulate energy consumption? The role of human capital and R&D expenditures in China," Energy Economics, Elsevier, vol. 105(C).
    5. Eric A. Hanushek & Charles Ka Yui Leung & Kuzey Yilmaz, 2014. "Borrowing Constraints, College Aid, and Intergenerational Mobility," Journal of Human Capital, University of Chicago Press, vol. 8(1), pages 1-41.
    6. Rawhouser, Hans & Islam, Mazhar & Jones Christensen, Lisa & Embry, Elizabeth & Williams, Trenton A. & Conger, Michael & Trussel, Cindy, 2024. "Supporting refugees: An entrepreneurial resourcefulness approach," Journal of Business Venturing Insights, Elsevier, vol. 22(C).
    7. Henry Renski, 2018. "Estimating the Returns to Professional Certifications and Licenses in the U.S. Manufacturing Sector," Economic Development Quarterly, , vol. 32(4), pages 341-356, November.
    8. Nurul Mohammad Zayed & Friday Ogbu Edeh & Khan Mohammad Anwarul Islam & Vitalii Nitsenko & Olena Polova & Olha Khaietska, 2022. "Utilization of Knowledge Management as Business Resilience Strategy for Microentrepreneurs in Post-COVID-19 Economy," Sustainability, MDPI, vol. 14(23), pages 1-16, November.
    9. Jin Jiang & Hon-Kwong Lui, 2025. "Lifetime Earnings Premium of Higher Education: Evidence from the 40-Year Career of the 1951–1955 Birth Cohort in Hong Kong," Research in Higher Education, Springer;Association for Institutional Research, vol. 66(3), pages 1-20, May.
    10. Agustin Rodriguez-Esteban & Javier Vidal & Maria-Jose Vieira, 2024. "The Influence of Parents’ Social Origin on Occupational Achievements of University Graduates: An Analysis of Education–Job Match," SAGE Open, , vol. 14(2), pages 21582440241, May.
    11. Xinxin Ma, 2019. "The Impact of Membership of the Communist Party of China on Wages," Economics Bulletin, AccessEcon, vol. 39(4), pages 2839-2856.
    12. Sagarika Dey & Priyanka Devi, 2019. "Impact of TVET on Labour Market Outcomes and Women’s Empowerment in Rural Areas: A Case Study from Cachar District, Assam," Indian Journal of Human Development, , vol. 13(3), pages 357-371, December.
    13. Sandra M. Sánchez-Cañizares & L. Javier Cabeza-Ramírez & Ana M. Castillo-Canalejo & Francisco J. Rey-Carmona, 2025. "Effectiveness of active labour market policies for job creation and earnings of the self-employed," Palgrave Communications, Palgrave Macmillan, vol. 12(1), pages 1-17, December.
    14. Anna Wildowicz-Szumarska, 2022. "Is redistributive policy of EU welfare state effective in tackling income inequality? A panel data analysis," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 17(1), pages 81-101, March.
    15. Antoine Bertheau & Edoardo Maria Acabbi & Cristina Barceló & Andreas Gulyas & Stefano Lombardi & Raffaele Saggio, 2023. "The Unequal Consequences of Job Loss across Countries," American Economic Review: Insights, American Economic Association, vol. 5(3), pages 393-408, September.
    16. Larissa Zierow, 2017. "Economic Perspectives on the Implications of Public Child Care and Schooling for Educational Outcomes in Childhood and Adult Life," ifo Beiträge zur Wirtschaftsforschung, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 76, April.
    17. André de Abreu Saraiva Monteiro Alves & Fernando Manuel Pereira de Oliveira Carvalho, 2022. "How Dynamic Managerial Capabilities, Entrepreneurial Orientation, and Operational Capabilities Impact Microenterprises’ Global Performance," Sustainability, MDPI, vol. 15(1), pages 1-23, December.
    18. Michel Beine & Marco Delogu & Lionel Ragot, 2020. "The role of fees in foreign education: evidence from Italy [Determinants of international student migration]," Journal of Economic Geography, Oxford University Press, vol. 20(2), pages 571-600.
    19. Razmdoost, Kamran & Alinaghian, Leila & Chandler, Jennifer D. & Mele, Cristina, 2023. "Service ecosystem boundary and boundary work," Journal of Business Research, Elsevier, vol. 156(C).
    20. Brainerd, Elizabeth, 2001. "Economic reform and mortality in the former Soviet Union: A study of the suicide epidemic in the 1990s," European Economic Review, Elsevier, vol. 45(4-6), pages 1007-1019, May.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bjc:journl:v:11:y:2024:i:9:p:915-922. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dr. Renu Malsaria (email available below). General contact details of provider: https://rsisinternational.org/journals/ijrsi/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.