Abstract:
The strategic importance of small businesses has been acknowledged by scholars worldwide and in India these
small businesses have been significantly contributing to the economic development. The focus of the present
study is to highlight the importance of the entrepreneurial competencies and the development of these
competencies. This was done by the competency assessment of 302 successful entrepreneurs operating in the
state of Jammu and Kashmir in India. Further the effect of various background characteristics like education,
industrial and entrepreneurial experience on the entrepreneurial competency was analyzed using t- test and
ANOVA. It was found that entrepreneurial and industrial experience significantly influence the
competencies. it was also found that entrepreneurial competencies have a strong impact on the business
performance. The findings of the study highlights the importance of learning in the overall process of
entrepreneurship. The study sends a strong message regarding the training and development of the
prospective entrepreneurs.
Description:
Thirteenth Biennial Conference on Entrepreneurship/ Edited by Sasi Misra, Sunil Shukla, Ganapathi Batthini
