Abstract

From the point of view of economic activity, entrepreneurship is seen as the direction of economic resources into profitable business projects. The article presents the relationship between entrepreneurship, innovation and the creation of organizational competencies. Among the features of entrepreneurial orientation, innovation and proactivity are of special importance for the functioning of enterprises. The purpose of the study is to determine the impact of entrepreneurship on the formation of organizational competencies and substantiate the idea that the innovative abilities of the enterprise are a manifestation of its inherent competencies. It is substantiated that entrepreneurial activity is a risky activity. However, its results are manifested in the form of new products, production methods or forms of business organization. That is, entrepreneurship can be equated with innovation. It is proved that the main goal of entrepreneurial strategy is to find opportunities for strategic development, with an emphasis on implemented innovations. The dynamics of strategic entrepreneurship is based on the interaction of development opportunities, strategic partnerships and competencies. Organizational competencies are created in the process of training and operation of the enterprise. The highest rank in their hierarchy belongs to key competencies as a unique combination of knowledge, technology and skills. It is noted that the intensification of entrepreneurial activity and change of competencies are related to the life cycle of enterprises. At different stages of the life cycle, the company, adapting to changes in the external environment, also changes its competencies. Considering the possibilities of self-renewal of the organization, four possible innovative strategies of enterprises are analyzed, taking into account aspects of entrepreneurship: organizational knowledge management; discovery (exploration); inter-organizational cooperation business strategies related to the creation of resources outside the organization. The evolution of views on models and processes related to innovation and entrepreneurship is presented. It is emphasized that both entrepreneurship and innovation are related to the processes of internationalization of enterprises in the world market. They also have their own regional and local features.

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