DRIVERS OF ENTREPRENEURIAL RESILIENCE OF FARM ENTREPRENEURS IN DAVAO REGION

Abstract

Uncertainties lead to depressions and worries, which are proven to be detrimental to the entrepreneur's resilience and ability to succeed. This study aimed to investigate the drivers of entrepreneurial resilience of farm entrepreneurs in Davao Region and the correlation between farm managerial competencies, entrepreneurial skills, entrepreneurial orientations, and entrepreneurial resilience. A descriptive-correlational design was used in the study, with 150 purposely selected farm entrepreneurs from Davao Oriental, Davao De Oro, Davao Occidental and Davao Del Sur serving as respondents. Descriptive statistics were used to analyse the data gathered. Findings revealed that farm entrepreneurs have a high level of managerial competencies, entrepreneurial skills, and entrepreneurial orientations. However, among the factors only entrepreneurial skills and entrepreneurial orientations could significantly determine entrepreneurial resilience. Moreover, the variation that is equivalent to 27.6 percent could be attributed to other factors which were not covered in this study. Further, the result of the study stressed the pertinence of Resilience Theory and the Attribution Theory in understanding the influence of the variables on entrepreneurial resilience.