The pivotal position occupied by entrepreneurship as a sustainable tool for rapid financial growth and development of a country cannot be over emphasized. This is evident in several available literatures written by scholars on the topic matter but a closer study of these literatures show tilted emphasis and concentrations on some common areas relating to entrepreneurship.
In like manner, entrepreneurial competences are critical success factors necessary for successful entrepreneurship, business success and of-course national development. The subject 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 financial resources can. There's absolutely no doubt as explained, entrepreneurial competence play important role in almost 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 ever-growing interest in studying the role of factors stimulating successful entrepreneurship, leadership business success and national development.
Even though, entrepreneurship, have played and will play more of these positive roles, isn't 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 must be acquired and put in area to enable entrepreneurs achieve a measure of business success and consequently contributing to national development.
Several researches have been 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 because of inadequate monetary resources (e.g. Adeyemo and Onikoyi, 2012). Such research outcomes have no doubt influenced government policy direction in lots of developed and developing countries of the world throughout the creation of financial agencies and provision of financial resources to business units for the sole purpose of boosting and sustaining entrepreneurial development for rapid national development.
In like manner, entrepreneurial competences are critical success factors necessary for successful entrepreneurship, business success and of-course national development. The subject 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 financial resources can. There's absolutely no doubt as explained, entrepreneurial competence play important role in almost 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 ever-growing interest in studying the role of factors stimulating successful entrepreneurship, leadership business success and national development.
Even though, entrepreneurship, have played and will play more of these positive roles, isn't 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 must be acquired and put in area to enable entrepreneurs achieve a measure of business success and consequently contributing to national development.
Several researches have been 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 because of inadequate monetary resources (e.g. Adeyemo and Onikoyi, 2012). Such research outcomes have no doubt influenced government policy direction in lots of developed and developing countries of the world throughout the creation of financial agencies and provision of financial resources to business units for the sole purpose of boosting and sustaining entrepreneurial development for rapid national development.