Abstract

The European Entrepreneurship Competence Framework (EntreComp) offers a comprehensive description of the knowledge, skills, and attitudes that people need to develop for an entrepreneurial mindset. The use of the framework as a self-assessment tool has garnered attention, but there is scarce presence of instruments that address the whole set of competencies proposed by Entrecomp. In view of the lack of specific tools, the objective of this research was to assess the evidence of validity and reliability of a new questionnaire. The sample was composed of 742 college students from several Spanish universities between 17- and 64-years-old, with 34.6% being men and 65.4% being women. To evaluate the validity based on relationships with other measures, the Entrepreneurial Intention and Entrepreneurial Self-Capital scales were also administered. Confirmatory factor analysis showed an internal structure made up of four dimensions: Ideas and Opportunities, Personal Resources, Specific Knowledge, and Into Action. The results showed satisfactory evidence of validity based on relationships with Entrepreneurial Intention and Entrepreneurial Self-Capital and good reliability. The questionnaire has good psychometric properties and can be an easy and useful tool for the self-assessment of entrepreneurial competencies within the EntreComp framework.

Highlights

  • Nowadays entrepreneurship has become a term linked to many positive values and concepts: opportunities, innovation, success, unicorns, venture creation, economic progress, modern economies, etc

  • As goodness of fit indices, we examined the magnitude of χ2 divided by its degrees of freedom (CMIN/DF < 3); Root Mean Square Error of Approximation (RMSEA < 0.05); Standardized Root Mean Residual (SRMR < 0.08); Corrected goodness index (AGFI); Goodness of Fit (GFI); and Normed Fit Index (NFI)

  • Evidence of Validity Based on Relationships with Entrepreneurial Intention (EI) and Intrapreneurial Self-Capital items belonging to each factor

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Summary

Introduction

Nowadays entrepreneurship has become a term linked to many positive values and concepts: opportunities, innovation, success, unicorns, venture creation, economic progress, modern economies, etc. This magnetic capability to attract attention has impacted the conception, design, and implementation of entrepreneurship policies for the last few decades [1], with an ample range of policy efforts focused on fostering entrepreneurship activities and promoting entrepreneurial abilities. Council adopted the concept of entrepreneurship competencies as a set of abilities with the potential of shaping society through value creation at a social, cultural, or financial level [7] 4.0/).

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