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What An Expert In Leadership Qualities Has To Say

TonyFishbourne07469 2022.02.24 02:33 조회 수 : 1

The pivotal position occupied by entrepreneurship as a sustainable tool for rapid economic growth and development of a country can't be over emphasized. This is evident in several available literatures authored by scholars on the topic matter but a more in-depth 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 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 in any successful entrepreneurial activities.

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

However, entrepreneurship, have played and will play more of these positive roles, is just not a very easy vocation as it won't always guarantee a hundred per cent triumph. You will discover 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 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 often unquestionably argue that most entrepreneurial fiascos are essentially due to inadequate financial resources (e.g. Adeyemo and Onikoyi, 2012). Such research outcomes have without doubt influenced government policy direction in lots of developed and developing countries of the world throughout click through the up coming webpage 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.
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