Entrepreneurial Competency Simplynotes



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Entrepreneurial Competency - Simplynotes Simplynotes
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Group
Cohesiveness Meaning and
Factors Affecting
Group
Cohesiveness
ILO (International
Labour
Organisation)
Code of
Discipline –
Principles,
Features and
Objectives which result in new venture creation. These characteristics include generic and specific knowledge, motives, traits, self-images, social roles, and skills that mayor may not be known to the person. That is, these characteristics maybe even unconscious attributes of an individual. Some of these competencies are innate while others are acquired in the process of learning and training and development.
Definition
“Entrepreneurial competencies can be defined as underlying characteristics such as generic and specific knowledge, motives, traits, self-images, social roles,
and skills that result in venture birth, survival, and/or growth – Bird (Total ability the entrepreneur to perform this role successfully. Several studies have found positive relationship between existences of competencies and venture performance – Man, Lau& Chan

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