Entrepreneurial Competencies and Microenterprises Sustainability

Fazal, Syed Ali; Mamun, Abdullah Al; Ahmad, Ghazali; Al-Shami, Sayed Samer Ali

doi:10.1177/0972262920983997

Cited by 7 publications

(3 citation statements)

References 28 publications

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“…In managing MSMEs, women must possess entrepreneurial skills, which can be acquired through various means, including openness, willingness to accept guidance, and leveraging operational support (Kim, 2023). These skills are reinforced by entrepreneurship education, understanding entrepreneurial competencies, and experience, as indicated by (Agarwal et al, 2023;Esubalew & Raghurama, 2020;Fazal et al, 2022;Laras et al, 2023;Taipale Erävala et al, 2019;Timotius, 2023):…”

Section: Resultsmentioning

confidence: 99%

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Women's entrepreneurial competence within a patriarchal social system

Hilmiana,

Alviani

2023

JES

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Women in patriarchal social systems face various challenges that affect their economic access and hinder their empowerment. This research aims to identify the competencies required by women to thrive within a patriarchal social system, reduce gender disparities, and promote empowerment in various aspects of life. This research utilized secondary data from the Scopus database and applied a document study method. Keywords used for the search included "women competence," "women skills," "women entrepreneur skills," "entrepreneurial competencies," and "entrepreneur competence." After filtering, 31 articles were selected for analysis. The analysis used the Miles and Huberman model, including reduction, data analysis, and conclusion. The findings indicate that to address the challenges of patriarchy and achieve empowerment, women need to develop multidimensional competencies involving entrepreneurial skills, commitment, high-level conceptual abilities, recognition of opportunities, organization, relationships, strategic thinking, and marketing. The challenges of norms and gender expectations in patriarchal societies become obstacles that need to be overcome by educating the community about the vital role of women and the competencies required in SMEs (Small and Medium Enterprises). Innovation, creativity, and innovative marketing strategies are key to success, while support and networks from stakeholders can provide valuable boosts.

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Section: Resultsmentioning

confidence: 99%

“…Entrepreneurial knowledge and skills are considered competencies (Spencer & Spencer, 1993), enabling business operators to produce optimal work output with high quality (Fazal et al, 2022). These competencies also enhance competitive advantage (Lee et al, 2022) and the long-term sustainability of businesses (Annelin & Boström, 2022).…”

Section: Introductionmentioning

confidence: 99%

Women's entrepreneurial competence within a patriarchal social system

Hilmiana,

Alviani

2023

JES

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“…An earlier study showed that competencies are significantly related to the economic performance of SMEs [35]. A more recent study proved that relevant competencies have significant positive effects on enterprise sustainability [36]. Hence, based on the above, we propose the following hypotheses: H 3 : Entrepreneurial competency has a significant positive effect on entrepreneurial resilience among Saudi entrepreneurs.…”

Section: Entrepreneurial Competencymentioning

confidence: 87%

Entrepreneurial Competency, Financial Literacy, and Sustainable Performance—Examining the Mediating Role of Entrepreneurial Resilience among Saudi Entrepreneurs

2022

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This paper investigated the influence of entrepreneurial competency and financial literacy on sustainable small enterprise performance. We simultaneously investigated the mediating role of entrepreneurial resilience on the association between competence and financial literacy with sustainable business performance. We used a quantitative method for collecting data from 220 small business entrepreneurs in Saudi Arabia using an online questionnaire. The collected data were analysed with the help of PLS-SEM. The results reveal that financial literacy significantly positively affects entrepreneurial competency and resilience. Entrepreneurial competency has a significant positive effect on Saudi SMEs’ entrepreneurial resilience and sustainable performance. Finally, entrepreneurial resilience was simultaneously found to have a considerable impact on sustainable performance while mediating the effect of financial literacy and competency on sustainable performance across Saudi SMEs. In line with Saudi Vision 2030, with its profound focus on entrepreneurship and developing a financially independent entrepreneurial community, this research contributes to creating economic opportunities for local entrepreneurs managing small enterprises. Apart from extending the body of knowledge, this research can support policymakers in formulating relevant strategies to encourage SMEs that have been worst hit by the COVID-19 pandemic to perform sustainably. Several other implications for financial institutions and entrepreneurs have also been drawn.

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The Effectuation Approach of Micro-enterprises in Malaysia: Conceptual Paper

Azahar,

Uthamaputhran

2023

Studies in Systems, Decision and Control

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Entrepreneurial Competencies and Microenterprises Sustainability

Cited by 7 publications

References 28 publications

Women's entrepreneurial competence within a patriarchal social system

Women's entrepreneurial competence within a patriarchal social system

Entrepreneurial Competency, Financial Literacy, and Sustainable Performance—Examining the Mediating Role of Entrepreneurial Resilience among Saudi Entrepreneurs

The Effectuation Approach of Micro-enterprises in Malaysia: Conceptual Paper

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