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An Unbiased View Of Entrepreneur Skills

Darnell58Q46141196029 2022.03.14 00:44 조회 수 : 2

The pivotal position occupied by entrepreneurship as a sustainable tool for rapid financial growth and development of a country can't be over emphasized. try this really is evident in several available literatures written by scholars on the topic matter but a closer examination of these literatures show tilted emphasis and concentrations on some common areas relating to entrepreneurship.

In like manner, entrepreneurial competences are critical success factors required for successful entrepreneurship, business success and of-course national development. The topic thus, deserves solemn attention in entrepreneurial discourse and not to be neglected. There's absolutely no substitute for entrepreneurship competence for successful entrepreneurship, not even abundant monetary resources can. There isn't any doubt as explained, entrepreneurial competence play crucial role within any successful entrepreneurial activities.

Increasing competitions, rapid and constant changes in internal and external environment of business activities, and also the significant influence of Medium and small Scale Enterprises (SMEs) on the economy generally have resulted in an increasing interest in studying the role of factors stimulating successful entrepreneurship, business success and national development.

Though, entrepreneurship, have played and will play more of these positive roles, is just not a simple vocation as it will not always guarantee a hundred per cent triumph. There are actually several critical areas of knowledge and factors that has to be acquired and put in area to enable entrepreneurs achieve a measure of business success and consequently leading to national development.

Several researches are already conducted in areas of entrepreneurship competency, entrepreneurship success and national development.

Most literatures relating to entrepreneurship and entrepreneurship success usually unquestionably argue that most entrepreneurial fiascos are essentially as a result of inadequate monetary resources (e.g. Adeyemo and Onikoyi, 2012). Such research outcomes have undoubtedly influenced government policy direction in lots of developed and developing countries of the world through the establishment of financial agencies and provision of monetary resources to business units for the sole purpose of boosting and sustaining entrepreneurial development for rapid national development.
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