Key Competencies for Entrepreneurship

Abstract

Nowadaysthe entrepreneurship capacity determinesthe competitiveness of anorganization. Thereforeentrepreneursare considered as avital resource.The objective of thisstudy is to establishwhich are thekey individual competenciesthat determine whetheror not a personis an entrepreneur. We have conducted a review of the literature dealing with entrepreneurship to obtain a set of entrepreneurship related individual competencies. Then using the Delphi method we have obtained reliable consensus from a selection of entrepreneurs about the importance of each individual competence that is considered to be linked to entrepreneurship. The study shows thekey competencies at individual levelthat should be developedforbecoming an entrepreneur.Competencies that enable the employees to become anentrepreneur have been identified. It can be useful for any company committed toentrepreneurship and it can also be useful for any educational institution committed to the development of entrepreneurshipcompetencies among its students.