Entrepreneurship

The science of converting processed ideas into a remarkable business venture.

• Entrepreneurship

• Competencies

The capability, capacity, and ability of the learner in handling the situation in business operations.

• Entrepreneurship

• Competencies

How to determine the state to which a person agrees that their actions can directly affect a situation, or that they can control a result.

• Locus of Control

• Self-efficacy

• Layers of competency

• Need for achievement

Must believe in their own ability or self-confidence.

• Self-efficacy

• Layers of Competency

• Adaptability and flexibility

• Need for achievement

should know the group of attributes. It is simply to depict the layers of

competency that are beneficial for entrepreneurs.

• Willingness to take risk

• Layers of Competency

• Ambition

• Need for achievement

must have a high need for achievement and take responsibility for outcomes.

also been found to predict firm founding and the successful performance of the organization.

• Willingness to take risk

• Willingness to learn

• Need for Achievement

• Ambition

must be motivated, persistent, and persevere even in the face of situational challenges. Patient, persistent, passionate, and goal-driven

• Strong initiative

• Ambition

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• Willingness to learn

should have a strong willingness to learn and often pursue opportunities to acquire new skills and competencies. They initiate personal career development and often secure feedback to help them make good career decisions.

• Willingness to learn

• Personal Effectiveness Competencies

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• Willingness to take risk

are adapted from the Consortium for Entrepreneurial Education.

• Personal Effectiveness Competencies

• Strong initiative

• Willingness to take risk

• Adaptability and flexibility

must have a high initiative and are often driven to work hard.

they frequently work independently to achieve taskmaster. They take the initiative to set specific, time-bound, and challenging goals.

• Strong Initiative

• Adaptability and flexibility

• Interpersonal Skill

• Industry-Wide Competencies or Work Competencies