Firm Performance and the Impact of Entrepreneurial Education and Entrepreneurial Competencies

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Název: Firm Performance and the Impact of Entrepreneurial Education and Entrepreneurial Competencies
Autoři: Abdulkarim M. Jamal Kanaan-Jebna, Tariq Tawfeeq Yousif Alabdullah, Essia Ries Ahmed, Ramesh Kumar Ayyasamy
Zdroj: Business Ethics and Leadership, Vol 6, Iss 2, Pp 68-77 (2022)
Informace o vydavateli: Academic Research and Publishing U.G., 2022.
Rok vydání: 2022
Témata: просмотр на основе ресурсов, малі підприємства, HF5001-6182, підприємницька освіта, предпринимательское образование, 9. Industry and infrastructure, small businesses, 05 social sciences, 1. No poverty, перегляд на основі ресурсів, resource-based view, firm performance, тверда продуктивність, entrepreneurial education, підприємницькі компетенції, предпринимательские компетенции, entrepreneurial competencies, 8. Economic growth, 0502 economics and business, твердая производительность, Business, малые компании
Popis: Small and medium-sized enterprises (SMEs) are considered to be the world’s largest. They play a vital role as they create jobs and improve the living conditions of their local communities as they contribute to the country’s GDP growth. Due to their contributions to the nation’s economy, they have been given much attention in entrepreneurship. This paper aims to study the impact of entrepreneurial education and entrepreneurial competencies on small and medium enterprises’ performance. Entrepreneurship is a vital component of any successful business strategy. It can be used to overcome the uncertainties of today’s business environment. The roles of these two independent factors in the business environment are also more relevant to small businesses. The goal of this paper is to develop a framework that explores the performance of firms from the perspective of their entrepreneurial education and entrepreneurial competencies. The proposed framework aims to provide a comprehensive view of the factors that influence the performance of businesses. It shows that entrepreneurial education is the antecedent of competencies that can affect firm performance, where entrepreneurial competencies is treated as a mediating variable. In addition, this study explores the role of entrepreneurial education and entrepreneurial competencies in developing financial and non-financial business performance. The framework is based on the resource-based view, a constantly applied approach to the small business context to utilize strengths and weaknesses to achieve sustainable competitive advantage. The paper provides valuable insights into the entrepreneurial factors that businesses can consider when enhancing their performance. It also helps entrepreneurs in developing their entrepreneurial education and competencies to increase their chances of achieving better results in their businesses which in return can help to reduce the number of business failures and thus, boost the country’s economy.
Druh dokumentu: Article
Popis souboru: application/pdf
Jazyk: English
ISSN: 2520-6311
2520-6761
DOI: 10.21272/bel.6(2).68-77.2022
Přístupová URL adresa: https://doaj.org/article/920ef1c2d2be49659d9cfe35cf952cfe
https://essuir.sumdu.edu.ua/handle/123456789/88338
Přístupové číslo: edsair.doi.dedup.....3b5a663564b5899d22c4d36a96d06b5f
Databáze: OpenAIRE
Popis
Abstrakt:Small and medium-sized enterprises (SMEs) are considered to be the world’s largest. They play a vital role as they create jobs and improve the living conditions of their local communities as they contribute to the country’s GDP growth. Due to their contributions to the nation’s economy, they have been given much attention in entrepreneurship. This paper aims to study the impact of entrepreneurial education and entrepreneurial competencies on small and medium enterprises’ performance. Entrepreneurship is a vital component of any successful business strategy. It can be used to overcome the uncertainties of today’s business environment. The roles of these two independent factors in the business environment are also more relevant to small businesses. The goal of this paper is to develop a framework that explores the performance of firms from the perspective of their entrepreneurial education and entrepreneurial competencies. The proposed framework aims to provide a comprehensive view of the factors that influence the performance of businesses. It shows that entrepreneurial education is the antecedent of competencies that can affect firm performance, where entrepreneurial competencies is treated as a mediating variable. In addition, this study explores the role of entrepreneurial education and entrepreneurial competencies in developing financial and non-financial business performance. The framework is based on the resource-based view, a constantly applied approach to the small business context to utilize strengths and weaknesses to achieve sustainable competitive advantage. The paper provides valuable insights into the entrepreneurial factors that businesses can consider when enhancing their performance. It also helps entrepreneurs in developing their entrepreneurial education and competencies to increase their chances of achieving better results in their businesses which in return can help to reduce the number of business failures and thus, boost the country’s economy.
ISSN:25206311
25206761
DOI:10.21272/bel.6(2).68-77.2022