Entrepreneurial Competencies Research Articles

E-Commerce Use and Financial Performance: Exploring The Moderating Role of Entrepreneurial Competencies in Palestine Stock Exchange Companies

The study aims to identify the role of e-commerce use through the efficiency of entrepreneurial competencies in directing the financial performance of companies listed on the Palestine Stock Exchange via financial performance indicators connected to e-commerce: sales value, and company value. The data for the study sample is gathered from the financial reports of all 49 companies listed on the Palestine Stock Exchange for the four sectors (commercial, service, industrial, and investment) over the 11 years of the study period, 2010 to 2020, resulting in a hypothetical sample size of 528 observations (11 years x 49 companies). A quantitative descriptive-analytical approach was employed, and the data was analyzed using SPSS and Stata software. The outcomes of the study have revealed a positive and significant relationship be- tween the employment of electronic commerce and the financial performance of businesses. In addition, it has been observed that Entrepreneurial competencies play a significant moderating role in the relationship between the use of e-commerce and the financial performance (sales value, company value) of companies listed on the Palestine Exchange. This is the first study to investigate Entrepreneurial competencies as a moderator between e-commerce utilization and business financial performance, based on previous knowledge in the field. The empirical findings of this study give managers and practitioners useful theoretical and practical insights for understanding the relationship between the deployment of e-commerce across all industries in hopes of enhancing company results.

The Data Analysis on Business Communication and Entrepreneurial Competency in Influencing Business Performance

MSMEs (Micro, Small,and Medium Enterprises) have great potential in the local economy and can be a solution to reduce the unemployment rate by absorbing more workers. One business sector that has received great attention is the culinary sector. MSMEs in the culinary segment have great potential to contribute to the local and national economy.The unsatisfactory performance of MSMEs in Indonesia is caused by a lack of quality human resources (HR) or a lack of expertise in entrepreneurship. This can be seen from the lack of progress in the knowledge of MSME players in aspects of management, organization, information and communication technology, marketing, and other skills that are essential in running a business.This research aimsto obtain, know, study,and analyze the variables that will be mapped into the entrepreneurial model and their influence on businessperformance. The research method approach used is a Systematic Literature Review (SLR) which is carried out by identifying relevant research, assessing its quality, and scientifically summarizing the results of previous research.The results of research discussions found variables that would become entrepreneurial models in improving businessperformance. This research uses a human resource management approach, especiallyregarding factors that influence businessperformance. In this research, three variables were found to be used as research objects, namely two independent variablesand one dependent variable.The novelty of the resulting research is creating an entrepreneurship model consisting of communication and entrepreneurial competence and their influence on business performance.

МЕТОДИКА ОПРЕДЕЛЕНИЯ ЭФФЕКТИВНЫХ КАНАЛОВ СБЫТА В ОПТОВОЙ ТОРГОВЛЕ МАЛОГО ПРЕДПРИНИМАТЕЛЬСТВА В СОВРЕМЕННЫХ УСЛОВИЯХ

With the growing availability of digital tools in the wholesale trade of small businesses, it became possible to automate internal business processes and integrate with the business processes of external counterparties, which inevitably led to the transformation of product distribution patterns, raising the question of the effectiveness of using traditional distribution channels in the new realities. The author proposed possible models for the transformation of product distribution and developed a methodology for determining effective sales channels in the conditions of the digital economy and the development of logistics services. In the course of the study, the author identified the main vectors for identifying effective sales channels, which require mandatory analysis of their impact on the calculation results. Based on the results of the study, the author developed practical recommendations for managers of wholesale small business companies, taking into account the level of their entrepreneurial competence and access to qualified personnel, in the form of designating possible models of transformation of product distribution and methods for calculating effective distribution channels, taking into account new opportunities.

Presenting a Conceptual Model Based on Cognitive Components and Personality Traits Affecting Entrepreneurial Competence through Document Analysis

Objective: Following the publication of a report on sustainable development issues, the United Nations identified creativity, innovation, and entrepreneurship as key elements to address sustainable development challenges. The primary objective of this study was to present an appropriate conceptual model for entrepreneurial competence based on cognitive components and personality traits with an emphasis on creativity. In this context, to achieve a comprehensive and hypothetical understanding of the psychological factors' impact on entrepreneurship, an integration of both the creativity and entrepreneurship domains was utilized. Methods and Materials: This study employed a qualitative meta-synthesis approach. According to the qualitative meta-synthesis method, the research population included all Persian and English scientific documents (research articles, theses, and books) published in the field of entrepreneurship from 2010 to 2022. To assess the quality of the found articles, the impact factor of a scientific journal was examined, and 90 articles were approved. Then, the relevant data from each article were extracted and entered into MAXQDA software. After reaching saturation, content analysis in this software was a systematic and continuous process of data comparison, conducted in three stages: open coding, axial coding, and selective coding, based on Strauss and Corbin's approach. Findings: The results showed that the conceptual model of entrepreneurial competence based on cognitive components and personality traits with regard to creativity includes the following: Personality traits (dynamism and restlessness, lively interaction and humor combined with personal discipline, thoughtful extraversion, ambition with altruism, simultaneous femininity and masculinity, rebellious and independent, passionate yet realistic and goal-oriented, suffering and pain along with much pleasure, determined and serious yet flexible, internal control source, openness and the expansiveness of fantasy rooted in realities, emotional stability with emotional steadiness, hardworking and perseverance combined with responsibility). Cognitive components (intelligence quotient above 120, active memory, attention and concentration, convergent and divergent thinking), Contextual conditions (planning ability, organizational ability, time management and control, reasoning power, judgment ability, decision-making power, problem-solving ability, impulse control), Intermediate conditions (cognitive flexibility, ambiguity and conditions of uncertainty and certainty, being active, experience-seeking and risk-taking). Conclusion: It can be concluded that a multidimensional empirical approach of cognitive components and personality traits provides more information.

Innovation management of higher education institutions: A study of entrepreneurial competence development and further governance

Innovation management of educational institutions as agents of change and development of entrepreneurial competencies is a focus of attention entering the volatility, uncertainty, complexity and ambiguity (VUCA) era in Indonesia because higher education is recognized as a locus for the development of innovation, science, technology, and art. The purpose of this article is to understand the role of educational institutions, especially Muhammadiyah University (UNISMUH) in Makassar, in managing innovation and developing entrepreneurship competencies as agents of change. The descriptive-qualitative research method with a phenomenological approach is applied in collecting data to be processed and analyzed using an interactive model. The results of the study found that creativity, basic values, and strategic value orientations of innovation and entrepreneurial competency development based on Muhammadiyah higher education institutions (HEIs) in Makassar through a knowledge management approach (KMA) have raised the image of HEI as agents of change and innovation in the local government context. The application of KMA through the process of knowledge creation in educational innovation and entrepreneurship programs is an integral part of the Independent Learning Independent Campus (Merdeka Belajar Kampus Merdeka — MBKM) program which is encouraged nationally.

Exploring the nexus between banking sector dynamics and entrepreneurial competency among educated youths

Exploring the nexus between banking sector dynamics and entrepreneurial competency among educated youths

Research on Entrepreneurial Competency Cultivation of College Students Toward Common Wealth

Abstract In modern society, innovation and entrepreneurship education have gradually transcended the traditional paradigm, intertwined with the concept of commonwealth, and constructed a new picture of vitality and social sentiment. In terms of research ideas, this paper extracts value-shaping elements, service learning elements, social creation faculty elements, social creation curriculum elements, organizational leadership elements, interest group elements, and social creation practical elements as the elements of entrepreneurial competence cultivation of college students according to their growth pattern, the entrepreneurial environment they have, and entrepreneurial resources they possess. We obtained the four crucial factors for individual, group, school, and social levels through micro-level analysis. We constructed the model for cultivating entrepreneurial competence in college students with the support of seven elements and four hierarchical factors. In the end, the cultivation model was analyzed using the PLS-SEM model. It has been verified that 11 out of the 13 hypotheses proposed in this paper were supported through testing. 11 cultivation paths that passed the significance test were found after further analysis. The most significant path is the SF->IE->PO path under the policy anchoring force, with effect sizes and t-statistics of 0.325 and 7.494, respectively. In this way, we have refined the methodology of cultivating co-enrichment and entrepreneurship skills among university students.

The Development of Entrepreneurial Competencies among Students of Various Age Groups within the MOOCs Environment

This article is dedicated to exploring the peculiarities of developing entrepreneurial competencies among students of different age groups in the Massive Open Online Courses (MOOCs) environment. A model for teaching entrepreneurship in the MOOC environment has been developed. Additionally, the model involves the implementation of pedagogical approaches to the development of entrepreneurial competencies using digital platforms and tools. An educational experiment involving 150 students aged 16 to 60 from Russia, Kazakhstan, Belarus, Romania, and Bulgaria was conducted on the open educational platform Coursera. The study’s results indicated that the correlation of learning outcomes for the older generation was significantly lower than that for the younger generation, regardless of the training type. It was concluded that online courses are effective for both young and elderly respondents, but their learning perception differs. This article can be useful for developers of educational business courses in the MOOC environment that aim to expand the age characteristics of students.

Examining competences affecting financial success among micro-enterprises in the Southern Great Plain : Results of a pilot study

In micro-enterprises, financial decision-making is typically concentrated in the hands of one person, therefore the competences of the leading financial decisionmaker significantly determine the financial success of the enterprise. In our pilot study, we examined the impact of three competences (financial literacy, digital and entrepreneurial competences), on financial success among micro-enterprises in the Southern Great Plain region, in a 92-item sample, using PLS path analysis. The results showed that the most important factors in financial decision-making are the behaviour and acquired practices of the decision-makers, and we proved that the combination of the three competences has a positive effect on the financial success of enterprises.

Entrepreneurial competence and commitment of smallholder farmers in Madagascar

Entrepreneurial competence and commitment of smallholder farmers in Madagascar

Coordinated Cultivation of Innovative and Entrepreneurial Knowledge and Ability of College Students Based on Markov Modeling

Abstract Evaluating innovation and entrepreneurship ability measurement of college students is one of the critical areas of research on innovation ability cultivation in colleges and universities. In this study, based on the existing Bayesian knowledge tracking model, the parameter matrix of innovation and entrepreneurship knowledge point relationship is added to improve the standard knowledge tracking model. The CS-BKT model is proposed to provide college teachers with detailed mastery of students’ innovation and entrepreneurship knowledge. Then the corresponding state space is delineated according to the mastery situation, and the evaluation model of innovation and entrepreneurship ability measurement for college students based on polymorphic rewarded Markov chain is constructed. Combined with different transfer probabilities, the model operates on student data to measure students’ innovation and entrepreneurship ability. The results of the study showed that there was a significant difference between the acceptance and non-acceptance of innovation and entrepreneurship education in students’ innovation and entrepreneurship competence, and the level of innovation and entrepreneurship competence of students who had accepted it was 3.71, which was higher than that of students who had not taken it (3.53). There is a significant positive correlation between the social level of the place of origin, the individual level of entrepreneurial experience, and the rank of professional achievement and innovation and entrepreneurship ability, with p-values of 0.008, 0.003, and 0.001 respectively are less than 0.01. This study concludes the factors influencing the innovation and entrepreneurship ability of college students, which provides a reference value to the formation and development of the innovation and entrepreneurship ability of the students.

Effect of Enterpreneurial Competencies on the Performance of Small and Medium Scale Enterprises in Katsina State

The study examines the effect of entrepreneurial competencies on the performance of small and medium scale enterprises in Katsina state. Survey research design was employed in the study. This type of research design is adopted because the information about the independent variables and dependent variable represents what is going on at only one point in time Primary data was collected through a self-administered questionnaire issued to the respondents using stratified and simple random sampling technique. The data was collected from the sample size of 56 enterprises that cut across different small and medium enterprises. Ordinal logistic regression analysis was used to test and answer the questions set for the study. The findings revealed that entrepreneurial skills and entrepreneurial characteristics have a positive effect on the performance of SMEs in the state. It was also found that entrepreneurial motives have a positive effect on the performance of SMEs. The study recommended a need for combined efforts between governments at all levels and NGOs towards not only funding but also initiating management training and development programmes for the entrepreneurs in order to enable them acquire necessary skills, enhance and appreciate their inborn personalities and abilities. The government shall also put in place entrepreneurship policy to nurture business startups through mentorship, motivation and attitude change as they walk through entrepreneurship journey.

Does Entrepreneurship Education ensure Entrepreneurial Competencies? -An Omani Higher Education Perspective of Faculty Professional Development Program

In the scenario of Omani Higher Education, populating the eco-system with ‘Certified Entrepreneurship Educators as trainers’, along with allied organizations that enable entrepreneurship in Oman is a necessity that needs to be addressed. A ‘Certified Entrepreneurship Educators’ program is a professional development workshop that had precisely been conceptualized for this reason in Oman and has served the purpose to this end. Specifically, the program had been proposed to raise awareness about innovation, including new scientific theories and newer pedagogies for benchmarking as well as expanding the knowledge to learn, “Teaching Entrepreneurship’ as a subject-area to teachers at varied skills levels. Furthermore, the content and concepts of the program had focused on enhancing the innovation value chain to improve the perspectives of the learners from not just being “small businesses” but aspire themselves to be “creative enterprises.” The Information that was captured in the process of delivery of this modular faculty development program was the first step to the development of a set of competencies. These competencies when tested can imbibe trainable skill set for a result-oriented and enhanced learning outcome-based faculty development program. The professional development program was a customization of an international experts’ modular approach to cater to needs. of the local environment. Capacity-Building on Competencies was the value expected to be captured and this paper reviews some competence development frameworks and their implications for stakeholders in the entrepreneurship ecosystem.

Impact of Determinants of Entrepreneurship Vocational Education and Training Quality on Entrepreneurial Competencies Development for Graduates in Tanzania

Impact of Determinants of Entrepreneurship Vocational Education and Training Quality on Entrepreneurial Competencies Development for Graduates in Tanzania

IMPLEMENTATION OF ENTREPRENEURSHIP IDEAS IN EDUCATIONAL PROGRAMS FOR THE TRAINING OF SPECIALISTS: THE EUROPEAN EXPERIENCE

The article analyzes the experience of implementing entrepreneurship ideas in the content of educational programs for training specialists in the countries of the European Union (Austria, Finland, France, Sweden, Spain, Croatia, Italy, Latvia) at the pan-European, national and institutional levels. The pan-European level provides for the orientation of EU educational policy regarding the development of regulatory documents and recommendations on initiatives that regulate the creation of a pan-European structure to ensure and coordinate the goals and results of entrepreneurial education at the EU level. The national level includes a number of strategies, plans, actions, and legislative acts developed by state bodies to adapt the process of entrepreneurship education in a specific country and involves the design of strategic and target orientations and the implementation of organizational measures that activate the motivation of the country's citizens for self-realization in the entrepreneurial vector of professional activity. The institutional level is revealed through the integration of extroverted and introverted directions of entrepreneurial education in higher educational institutions of EU countries, which determine strategic, organizational, and pedagogical decisions and actions in higher educational institutions regarding the introduction of entrepreneurship ideas into the content of specialist training through a productive partnership between: the state, educational institutions and business institutions. The main problems of the implementation of entrepreneurship ideas in the content of educational programs for the training of specialists in the EU countries are highlighted: the lack of conceptual and methodological foundations for the formation of entrepreneurial competence of specialists in various industries; lack of motivation of teachers regarding the implementation of entrepreneurship ideas in educational courses based on an interdisciplinary approach; underfunding of innovative laboratories in higher education institutions of EU member states; unsettled mechanisms of partnership relations between education providers, business institutions and other interested parties at the international level.

Importance of a Training Component to Micro and Small Enterprise Operators’ Competencies

Training as a BDS component improves Enterprisers’ competencies which are critical in the success of their firms. The objective of this study was to assess the relationship between the training status and entrepreneurs’ operational competencies. A sample of 252 respondents for the study was drawn from the Western Kenya counties of Uasin Gisu, Bungoma, Trans Nzoia, Kisumu and Kakamega. The study was guided by the entrepreneurial competency model. Primary data was collected using questionnaires while document analysis was employed for secondary data. The Statistical Package for Social Sciences (SPSS v.21) was utilized in analyzing data, basing on split file, paired t-test and multiple sets. The results revealed that training enhanced entrepreneurs’ competencies, more so to those with secondary education and above. There is therefore need to investigate the relationship between levels of entrepreneur education and entrepreneurial performance.

Pengaruh Program Ma'arif Mart terhadap Edupreneur Peserta Didik di MTs Darul Ulum Waru Sidoarjo

The modern canteen located at the school or commonly called ma'arif mart which is under the auspices of LP Ma'arif NU, is a modern shop or canteen that serves the basic needs of school residents directly. The existence of businesses in the field of education such as ma'arif mart can provide learning to students for entrepreneurship. Edupreneur is a structured and formal process of transmitting entrepreneurial competencies that refers to the provision of conceptual skills and individual mental awareness. The purpose of this research is to: (1) Explain the Ma'arif Mart Program at MTs Darul Ulum Waru Sidoarjo. (2) Explaining Student Edupreneurs at MTs Darul Ulum Waru Sidoarjo. (3) Explaining the Effect of the Ma'arif Mart Program on Student Edupreneurs at MTs Darul Ulum Waru Sidoarjo. This research is a type of descriptive quantitative research. The subjects of this study were all students of MTs Darul Ulum Waru Sidoarjo whose population totaled 857 students and the sample used a stratified technique which totaled 85 students. The instrument used for data collection is the questionnaire instrument. The results of the study show that, (1) That the Ma'arif Mart Program at MTs Darul Ulum Waru Sidoarjo is categorized as "Good Enough". This is based on percentage calculations with a value of 70.03%, according to the standard percentage at intervals of 56% to 75%. (2) Edupreneur students at MTs Darul Ulum Waru Sidoarjo have developed which are categorized as "Good". With the results of the percentage analysis of 76.62% which is in the interval between 56% to 75%. (3) The results of data analysis rxy = 0.521 show that "There is an Influence of the Ma'arif Mart Program on Student Edupreneurs at MTs Darul Ulum Waru Sidoarjo". This is evidenced by the analysis carried out using the "r" product moment table, the rxy price is 0.521 and the rxy value from the interpretation table is between 0.40 and 0.599 in a fairly strong category.

Підприємницькі наміри студентів в Україні: гендерні аспекти

In the context of ongoing hostilities in Ukraine, it becomes important to understand the prospects of entrepreneurship as a sphere of economic recovery of the country. Student entrepreneurship can become a key factor in the formation of an entrepreneurial ecosystem, in particular in the context of Ukraine’s integration into the EU. Studying and taking into account the gender aspects of entrepreneurial intentions of Ukrainian students, supporting entrepreneurial education and the development of women’s entrepreneurship among young people in the curricula will contribute to the sustainable development of the economy and society in general. The aim of the article is to highlight the results of a study of the gender profile of entrepreneurial intentions of Ukrainian students, initiated and conducted by the authors within the framework of the project «Entrepreneurial Opportunities, Competencies and Intentions among University Students in the Cross-Cultural Dimension» in April – June 2023. The conclusions presented in the article are based on the results of an online survey of 247 students of Ukrainian universities, conducted on the Qualtrics platform according to the authors’ own methodology, which involves a survey of respondents on 27 questions, divided into four blocks: 1) general data about the respondent; 2) awareness of the entrepreneurial environment; 3) dimensions of entrepreneurial competence; 4) entrepreneurial intentions. The obtained data were analyzed using the instrumentarium of descriptive statistics. It is found that the entrepreneurial intentions of students in Ukraine have gender differences. In particular, in the implementation of their entrepreneurial initiatives, women are mostly focused on the long term and postpone starting a business for the future, while men mostly try to realize themselves as soon as possible, while studying at the university. When analyzing the preferences of students in choosing a sphere for starting their own business, «gender-neutral» and «gender-sensitive» business areas are allocated, which makes it possible to further develop recommendations for improving entrepreneurship education and institutional support for youth (including women’s) entrepreneurship policy in Ukraine. It is assumed that the «post-industrial» type of thinking prevails among students, in particular in the context of choosing promising business areas for their own business, this is manifested through the increased interest of survey participants in the service sector of the economy. The need to intensify women’s entrepreneurship and leadership among female students during their studies at the university, as well as to improve entrepreneurial education programs, in particular in business areas that are important during the wartime and post-wartime periods, is substantiated.

Implikasi Pendidikan Kewirausahaan dalam Membentuk Minat dan Kompetensi Wirausaha

This qualitative literature analysis examines the implications of entrepreneurship education in shaping entrepreneurial interest and competencies. The study aims to gain a comprehensive understanding of how entrepreneurship education influences individuals' interest in entrepreneurship and their development of entrepreneurial competencies. Through a qualitative analysis of relevant literature, the research addresses key research questions regarding the impact of entrepreneurship education, factors contributing to the formation of interest and competencies, and potential cultural variations in these implications.The research methodology involves a systematic selection of credible literature from various sources, including scholarly journals, books, and articles related to entrepreneurship education, entrepreneurial interest, and competencies. Data collected is analyzed qualitatively, identifying major themes and synthesizing the literature to reveal the relationships between entrepreneurship education, entrepreneurial interest, and competencies. The analysis also explores factors within entrepreneurship education that support the formation of interest and competencies, such as curriculum design, teaching methods, learning environment, and social influences. The findings of this study contribute to a deeper understanding of the implications of entrepreneurship education in shaping entrepreneurial interest and competencies. It elucidates the influence of entrepreneurship education on individuals' interest in entrepreneurship and the competencies developed through such education. Additionally, it identifies critical factors that contribute to the formation of entrepreneurial interest and competencies, offering insights for policymakers and education practitioners to enhance the effectiveness of entrepreneurship education in fostering entrepreneurial interest and competencies. By conducting a comparative analysis across different cultural or national contexts, the research examines potential variations in the implications of entrepreneurship education. This analysis sheds light on differences in entrepreneurship education approaches and cultural factors that influence the formation of entrepreneurial interest and competencies. Overall, this research contributes to the field of entrepreneurship education by advancing our understanding of its implications in shaping entrepreneurial interest and competencies. The findings provide valuable insights for the development of effective entrepreneurship education approaches, guide policymakers in formulating education policies, and promote broader awareness and participation in entrepreneurship

Entrepreneurial Competency Assessment Among Faith-based Social Enterprises in Africa

Entrepreneurial Competency Assessment Among Faith-based Social Enterprises in Africa