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Literature Review On Entrepreneurial Development

This paper examines how business development services, internal and external business environments impact the relationship between entrepreneurial orientation and firm performance. It reviews literature on entrepreneurial competencies and intentions among university students. The paper finds that entrepreneurial competencies have a positive effect on business performance and that social norms positively impact competencies, acting as a mediator. It identifies gaps in understanding how contexts like environment, access to capital, and industries influence the entrepreneurial orientation-performance relationship.

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100% found this document useful (1 vote)
55 views6 pages

Literature Review On Entrepreneurial Development

This paper examines how business development services, internal and external business environments impact the relationship between entrepreneurial orientation and firm performance. It reviews literature on entrepreneurial competencies and intentions among university students. The paper finds that entrepreneurial competencies have a positive effect on business performance and that social norms positively impact competencies, acting as a mediator. It identifies gaps in understanding how contexts like environment, access to capital, and industries influence the entrepreneurial orientation-performance relationship.

Uploaded by

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Download as PDF, TXT or read online on Scribd
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Most studies have found a positive linear relationship between EO and firm performance.
Competence became popular after work of Boyatzis (1982) on managerial competencies. In his
model of managerial competencies, he proposed 21 discrete competencies organised into four
clusters, which was based on the study of over 2000 managers working in 12 organisations. It will
also provide a solution for the problem of increasing unemployment rate by creating job opportunities
in new business ventures. Data of GEM gathered during 2010 was utilized and 125 cases was
selected from 59 member countries. The present study concludes that there is a need to develop a
broad based comprehensive entrepreneurial competency model incorporating all the business sectors.
It is find-out from the mean values that in opportunity seeking, efficiency orientation, problem
solving, self-confident, and persuasion respondent from Sri Lanka perceived to have a higher level of
competencies compared to the respondent from India. In this study, we analyzed the relationship
between entrepreneurial competencies along with social norms and entrepreneurs’ business
performance. My ultimate aim is to connect the role of universities with entrepreneurs and the planet
by introducing the concept of entrepreneurial ecology. The various studies conducted on the subject
have been thoroughly reviewed and an integrated view is presented. This new business environment
demands transformed enthusiasm of approach. This paper thus, creates awareness about the larger
picture of women entrepreneurship in the world but specifically focusing on India. Improving the
interest of university students to become entrepreneurs will lead them to obtain many benefits such
as being flexible in their schedules, gaining different experiences, being a leader rather than
someone's follower and can create a recognition for themselves. Thus, we conducted a set of semi
structured interviews with 25 experts in this domain. This has led to inconsistencies in the empirical
results of entrepreneurial orientation on firm's performance. The qualitative data were coded in order
to identify dimensions and elements of an entrepreneurial university. Although the paper focuses on
universities in Russia, it provides critical insights on diversity of model of entrepreneurial universities
that reflect the diversity of the universities themselves (mid-range vs top universities; teaching vs
research oriented universities). This article also finds that business development services play a
mediating role in the entrepreneurial orientation and performance relationship, and that external
environment moderates this relationship. Various theories were adopted in the past to study
entrepreneurial intentions among university going students. Five determinants for entrepreneurial
intention are identified from literature review, which are entrepreneurship attitude, subjective norm,
behavior control, entrepreneurship education and personality traits. RELATED PAPERS Does
context matter in academic entrepreneurship. Introduction Aissatou Faye The creation of a country's
wealth and dynamism depends upon the competitiveness of its firms and this, in turn, relies
fundamentally on the capabilities of its entrepreneurs and managers. From year 1982 to 2018
literature has been covered. The factors that affect women’s participation roles are differentacross the
world, changing with the dynamic nature of the environments in which theylive. When comparing
entrepreneurs and students, statistically significant differences are in most competencies. Finally, the
positive effect of entrepreneurial competencies on business performance was supported by the data
and results revealed that there is a positive effect between entrepreneurial social norms on
entrepreneurs’ competencies which conforms the mediating role of entrepreneurial competencies. We,
attempt to analyse these issues and provide suitable solutions and redressal mechanisms which can
be implemented in an effective and practical manner. By continuing we’ll assume you’re on board
with our. A 60-item 160 questionnaire was administered to MBA graduates of Universities via
stratified random sampling method in India and Sri Lanka. Hence, one of the ways to address the
unemployment issue among young graduates in Malaysia is to explore how entrepreneurial intention
could be embraced into the broader context of the country's education system.
This paper examines the role of business development services, internal and external business
environments on the relationship between entrepreneurial orientation and firm's performance.
Intention towards entrepreneurship was measured through three dimensions of entrepreneurship, i.e.
family business background, perceived desirability and perceived self efficacy. According to the
findings four categories were identified as follows: positively affecting, negatively affecting, nature
is not clear, and those affecting and not affecting. The various studies conducted on the subject have
been thoroughly reviewed and an integrated view is presented. The concept of competence has its
roots somewhere in the management literature. It is hoped that it will be useful to fellow researchers
who are undertaking studies in this area. In the view of long-term perspective, the global economic
cycle has also been affected and is leading towards economic crises. We used the questionnaire as an
instrument for data collection. To browse Academia.edu and the wider internet faster and more
securely, please take a few seconds to upgrade your browser. Finding from the study suggested all
the five entrepreneurial determinants are significantly correlated with entrepreneurial intention, and
there is no significant difference on entrepreneurial intention based on faculty. The objective of the
research paper is to examine the various problems and challenges faced by women entrepreneurs.
Hence, the researcher in this paper attempts to explore the entrepreneurial intentions among
university students. Our analysis indicates a positive connection between EO and business
performance only in cases in which a dynamic environment is combined with high access to financial
capital and when a stable environment is combined with low access to financial capital. Moreover,
the two dimensions of entrepreneurship, i.e. family business background and perceived self-efficacy
explain the variation on students’ intention to start a new venture. Conceptually the paper is
grounded in institutional path-dependency approach. Our experts were selected amongst university
professors. They face problems in starting and running business like lack of managerial skills,
inadequate education, less risk taking ability, limited mobility and family obligation. To browse
Academia.edu and the wider internet faster and more securely, please take a few seconds to upgrade
your browser. However, most have focused on only limited aspects of the issue. This paper tries to
establish this connection of innovation and corporate entrepreneurship. Data was analyzed via
Pearson correlation and ANOVA analysis. Confirmatory factor analysis showed that social image of
entrepreneurs is a better measure than national attitude toward entrepreneurship for the construct
“entrepreneurial social norms” based on their factor loadings. Spatial analysis is also a necessary
characteristic of the present research in focusing on the extent and scope of physical infrastructures
that influence entrepreneurship in the age of climate change. The sample consisted of 405 graduating
class students, from which 135 students from Hawassa University and 135 students from Dilla
University and the remaining 135 students are from Arbaminch University were collected through a
questionnaire. It is find-out from the mean values that in opportunity seeking, efficiency orientation,
problem solving, self-confident, and persuasion respondent from Sri Lanka perceived to have a
higher level of competencies compared to the respondent from India. Download Free PDF View
PDF 2) The Importance of Competencies for Entrepreneurship: A View from Entrepreneurs and
Scholars' Perspective Dirk Deschoolmeester Abstract, This article explores entrepreneurs’
competencies,in order to rank them according to their Download Free PDF View PDF
COMPETENCY: DEVELOPMENT, INTEGRATION, AND APPLICATION Oki Sunardi
Download Free PDF View PDF Asian Social Science What Is Wrong with Competency Research.
The various studies conducted on the subject have been thoroughly reviewed and an integrated view
is presented. This argument has been proposed predominantly in the context of technology firms,
who may lack experience in research and development. According to the recent literature, one
possible reason for these inconsistent findings may be the nature of the relationship between EO and
firm performance is not linear as assumed by many researchers. Our study suggests a significant
discrepancy between students' opinions on the importance of various competencies and reality.
However, Jammu and Kashmir has a different picture where entrepreneurship is by and large
considered as a male preserve and women are primarily meant for household activities. Introduction
Aissatou Faye The creation of a country's wealth and dynamism depends upon the competitiveness
of its firms and this, in turn, relies fundamentally on the capabilities of its entrepreneurs and
managers. When discussing the figure of the corporate businessman, one must also consider the key
shareholders that take an active part in the firm, along with managers that share in making up the
firm's basic competences. Successful organizations need great leaders as change management is
perhaps the most prized quality needed for excellence in business transformation. The concept of the
entrepreneurial intention determinants beyond entrepreneurial education remains ambiguous. Startup
ventures provide them with specific sources of income as well as self-independence and self-
sufficiency. Download Free PDF View PDF See Full PDF Download PDF Loading Preview Sorry,
preview is currently unavailable. The statistical sample was drawn from international students in the
domain of science and technology whom were chosen using non-probability sampling method.
Studies using the three factor model have reported different results to those adopting the five factor
approach. Competencies are exhibited through superior performance that means to identify a
competency you have to look at a superior performer (McClelland, 1973). It is hoped that it will be
useful to fellow researchers who are undertaking studies in this area. Financial and economic factors
are ranked highest while factors like, Family, self and societal, political and environmental and
marketing and mobility are ranked as second, third and fourth respectively. And, for the dependent
variable “performance”, growth and innovation remained as a more powerful measures than export.
We, attempt to analyse these issues and provide suitable solutions and redressal mechanisms which
can be implemented in an effective and practical manner. To address the main issue a detailed and
structured questionnaire was developed and distributed among the selected women entrepreneurs of
Kashmir. In his model of managerial competencies, he proposed 21 discrete competencies organised
into four clusters, which was based on the study of over 2000 managers working in 12 organisations.
To browse Academia.edu and the wider internet faster and more securely, please take a few seconds
to upgrade your browser. It will also provide a solution for the problem of increasing unemployment
rate by creating job opportunities in new business ventures. Confirmatory factor analysis showed that
social image of entrepreneurs is a better measure than national attitude toward entrepreneurship for
the construct “entrepreneurial social norms” based on their factor loadings. Entrepreneurially oriented
firms are innovative, calculated risk-takers, and proactively reach markets ahead of their competitors.
Entrepreneurship Theory and Practice, 31(3): 427-444. Cassar, G. (2004). Thus, a systematic
framework will be offered to explain the dynamics and determinants of these entities. In particular,
the evidence suggests that firms are more likely to maintain exclusive relationships with state-owned
banks, which may indicate greater levels of trust than compared to foreign or privately owned banks
(Berger et al., 2008, p. 37). You can download the paper by clicking the button above. You can
download the paper by clicking the button above. Furthermore, the research revealed a rank order of
factors affecting them based on the opinions of the respondents. Our analysis also indicates that EO
may have a negative effect on performance in certain configurations. LITERATURE REVIEW Amy
Hossain Download Free PDF View PDF Essays on High. I also must rely on biological analysis with
special focus on balance, competition, and the ecological processes of invasion, succession, and
dominance, also well-known characteristics of entrepreneurial activity. International Small Business
Journal, 21(3): 291-314. Udell, G.F. (2011).
Download Free PDF View PDF See Full PDF Download PDF Loading Preview Sorry, preview is
currently unavailable. This paper intends to trace the origins of competency and document various
definitions and concepts of competency proposed by different scholars. However, the data did not
support the direct effect of entrepreneurial social norms on performance. The concept of competence
has its roots somewhere in the management literature. Download Free PDF View PDF See Full PDF
Download PDF Loading Preview Sorry, preview is currently unavailable. Women entrepreneurship is
considered an important tool inenabling women empowerment. We, attempt to analyse these issues
and provide suitable solutions and redressal mechanisms which can be implemented in an effective
and practical manner. The various studies conducted on the subject have been thoroughly reviewed
and an integrated view is presented. The paper traces footprints of this difference in seminal work in
the field, and explicates how it is serving as barrier to the advancement of the field. To browse
Academia.edu and the wider internet faster and more securely, please take a few seconds to upgrade
your browser. A literature review that aims to take a wider perspective may therefore be useful in
providing a better understanding of what may be a relatively complex decision-making process. The
present study has highlighted that the competencies of an entrepreneur play an important role in
shaping the fortunes of his enterprise. The research is based on the questionnaire to survey
entrepreneurs and students of economics. Winton and Yerramilli (2008, p. 51) suggest that there may
be different criteria for determining preference, based on preference for risky or safe continuation
practices and relative costs associated with finance options. The paper finds that past studies
conceptualized entrepreneurial orientation as a three factor single-dimensional model and a five
factor multidimensional model. The Definitional Issue as Barrier to the Advancement of Field
Naveda Kitchlew Entrepreneurship is an emerging domain in both business and public policy
literature. The concept of competence has its roots somewhere in the management literature. The
agenda for future research have also been discussed. Financial and economic factors are ranked
highest while factors like, Family, self and societal, political and environmental and marketing and
mobility are ranked as second, third and fourth respectively. These individuals often act as catalysts
to bring about a. Challenges for the Knowledge Society The social impact of university
entrepreneurship in Romania: Is the institutional discourse replicated or adapted. There is a need to
assess the relationship between various kinds of entrepreneurial characteristics like personality traits
and competencies and also, attempts should be made to study various antecedents of entrepreneurial
competencies. LITERATURE REVIEW Amy Hossain Download Free PDF View PDF Essays on
High. Download Free PDF View PDF Entrepreneurship: Concepts, Theory and Perspective. You can
download the paper by clicking the button above. In his model of managerial competencies, he
proposed 21 discrete competencies organised into four clusters, which was based on the study of
over 2000 managers working in 12 organisations. The article is a theoretical discourse and uses
literature from secondary sources in the analysis. The statistical sample was drawn from international
students in the domain of science and technology whom were chosen using non-probability sampling
method. Improving the interest of university students to become entrepreneurs will lead them to
obtain many benefits such as being flexible in their schedules, gaining different experiences, being a
leader rather than someone's follower and can create a recognition for themselves. In this study, we
analyzed the relationship between entrepreneurial competencies along with social norms and
entrepreneurs’ business performance.
You can download the paper by clicking the button above. Finally, I also use material flow analysis,
which looks at the flows of materials and energy, metabolism studies and ecological footprints that
entrepreneurs leave behind and that affect the current climate change crisis. In line with several
(prior) research, our results confirm the important role of the business climate, entrepreneurial attitude
and subjective norms on students' intention to engage in entrepreneurial ventures. The concept of the
entrepreneurial intention determinants beyond entrepreneurial education remains ambiguous.
Entrepreneurs' opinions on competencies do not depend on enterprise size. The implication of this
finding is perhaps the content of entrepreneurial education shall emphasize on cultivating students'
entrepreneurial attitude, behavioral and personality rather than the theoretical part of entrepreneurial
and entrepreneurship. In addition, the paper also aims to shed light on the processes, guidelines, and
techniques for developing competencies pragmatically for a particular job or profession as well as the
importance of competency-based assessment in organizations for today’s HRM practices.
Entrepreneurship Theory and Practice, 30(4): 495-517. Hughes, A. (1997). Startup ventures provide
them with specific sources of income as well as self-independence and self-sufficiency. The results
indicated that there is positive relationship between the dimensions of entrepreneurship and intention
towards entrepreneurship among university students. Moreover, the two dimensions of
entrepreneurship, i.e. family business background and perceived self-efficacy explain the variation on
students’ intention to start a new venture. In particular, most of the evidence available has examined
the availability and access to bank financing, with much less information available on comparison to
venture capital availability and access. The research is based on the questionnaire to survey
entrepreneurs and students of economics. These individuals often act as catalysts to bring about a.
There is a need to assess the relationship between various kinds of entrepreneurial characteristics like
personality traits and competencies and also, attempts should be made to study various antecedents
of entrepreneurial competencies. Imagination and innovation about any product or business is the
new name of the game. This figure is no longer limited to efficiently managing the firm's assets and
coordinating and controlling its activities; in the current climate, he or she must anticipate, articulate
and manage change. I also must rely on biological analysis with special focus on balance,
competition, and the ecological processes of invasion, succession, and dominance, also well-known
characteristics of entrepreneurial activity. For example, they suggest that if venture capital companies
lower their cost of capital, this may entice some entrepreneurs to switch from safe continuation
strategies utilizing bank finance, to riskier strategies utilizing venture capital. Our experts were
selected amongst university professors. You can download the paper by clicking the button above.
Successful organizations need great leaders as change management is perhaps the most prized
quality needed for excellence in business transformation. You can download the paper by clicking the
button above. Competence became popular after work of Boyatzis (1982) on managerial
competencies. Competencies are exhibited through superior performance that means to identify a
competency you have to look at a superior performer (McClelland, 1973). It has been observed that
the reason behind this inclination is the outstanding potential the university students possess and
their ambition to try new things and risk-taking tendencies. McClelland (1973) is credited for the
onset of competency movement. The present study concludes that there is a need to develop a broad
based comprehensive entrepreneurial competency model incorporating all the business sectors. The
study replicates the work of Wiklund and Shepherd (2005) and tests the validity of their results in a
different national context. The factors that affect women’s participation roles are differentacross the
world, changing with the dynamic nature of the environments in which theylive.

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