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What is Entrepreneurial performance

Developing Entrepreneurial Competencies for Start-Ups and Small Business
reports the results of the efforts made by alert, agile and dynamic entrepreneurs in the decision-making processes, while striving, on the one matter, to be innovative and creative, and also while fighting, on the other matter, to take initiative and be ahead of the competitors.
Published in Chapter:
Developing a Model for Entrepreneurship Competencies: Innovation, Knowledge Management, and Intellectual Capital – Success Competences for Building Inclusive Entrepreneurship and Organizational Performance
Cristina Raluca Gh. Popescu (University of Craiova, Romania & University of Bucharest, Romania & The Bucharest University of Economic Studies, Romania & National Institute for Research and Development in Environmental Protection (INCDPM), Romania)
DOI: 10.4018/978-1-7998-2714-6.ch001
Abstract
These days, there is little doubt that entrepreneurial competencies—such as, taking initiative and being creative, planning and managing organizations' activities, showing persistence in problem solving processes as well as realizing the goals for which companies were established—are one of businesses' most important tools. Consequently, the following questions come naturally into the discussion: What is it that most of the successful entrepreneurs have in common? Is it education, risk affinity, experience, networks, family money, race, gender or, simply put, pure luck? Starting from the assumption that the vast majority of these people have, as common denominator, a cross-section of attributes and skills: firstly, this scientific study has the purpose of developing a model for entrepreneurship competencies, focusing on: innovation, knowledge management and intellectual capital; and secondly, this complex research has the aim of building an inclusive entrepreneurship model, tackling three main organizational targets: efficiency, productivity and performance.
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