Entrepreneurial competencies in successfully innovative SMEs

Taipale-Erävala, Kyllikki; Henttonen, Kaisa; Lampela, Hannele

doi:10.1504/ijesb.2019.10025041

Cited by 14 publications

(7 citation statements)

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“…From this, we can conclude that entrepreneurial competencies can increase organizational sensing and reconfiguration capabilities as well as exploitative, explorative, and innovative capabilities and are bound to boost any company's organizational adaptability and agility. This is in line with previous research, which explains the relationship between competence and the organization's ability to be dynamic and innovate to strengthen the resilience of the business itself (Aldianto et al, 2021;Colbert, 2004;Hashim et al, 2018;Taipale-Erävala et al, 2019) On a second note, the outer weight of HOCs allows us to understand the contribution of EC, DC, and IA to BR (see Table 5). This study revealed that all EC domains have adjacent outer weight values.…”

Section: Measurement Of Hoc Modelsupporting

confidence: 88%

Reinforcing Business Resilience Through Entrepreneurial Competencies During Pandemic COVID-19: A Case of Indonesian MSMEs

Hanifan

Dhewanto

2022

Int. J. Manage. Entrep. Soc. Sci. Hum.

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Although research on entrepreneurial competencies has been widely carried out in the last decades, this topic is still preliminary. Indonesian MSMEs have been severely impacted by COVID-19, with losses of up to millions. Entrepreneurial competencies are believed to be the main driver in handling this issue. Underlined by the disaster and crisis management theory, entrepreneurial competencies are expected to give a company both long-term adaptability and innovation abilities that may result in significant improvements in their business as well as the short-term coping capacity to recover from violent shocks. Thus, this study builds a novel conceptual framework that determines the influence of entrepreneurial competencies on business resilience in the Indonesian MSMEs context. Several mediator variables were also included in the conceptual model: dynamic capability and innovation ambidexterity. Through purposive sampling, a sample of 220 Indonesian MSME actors get involved in this study. PLS-SEM procedure through a two-stage approach was used to test the proposed model. The results show that entrepreneurial competencies significantly impact business resilience in Indonesian MSMEs. It was also found that dynamic capabilities and innovation ambidexterity partially mediated those relationships. From these results, this study suggests that business practitioners should become more aware of their competencies to survive in this uncertain world. In addition, the government must re-educate and ensure that all middle and lower entrepreneurs have appropriate competencies to continue to compete. Keywords: Entrepreneurial Competencies; Business Resilience; Dynamic Capability; Innovation Ambidexterity; Indonesian MSMEs

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Section: Measurement Of Hoc Modelsupporting

confidence: 88%

Reinforcing Business Resilience Through Entrepreneurial Competencies During Pandemic COVID-19: A Case of Indonesian MSMEs

Hanifan

Dhewanto

2022

Int. J. Manage. Entrep. Soc. Sci. Hum.

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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%

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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“…Business development is enhanced by supporting the development of key capabilities and business practises (Gherhes et al, 2016). According to literature capabilities needed for innovation and growth are proactiveness, risk-taking, networking and learning together with open-minded mental attitude and development friendly, cooperative mindset (Dimitratos, Liouka and Young, 2014;Roper & Hewitt-Dundas, 2017;Taipale-Erävala, Henttonen & Lampela, 2017).…”

Section: Discussionmentioning

confidence: 99%

“…Effective implementation of innovation requires capabilities from both the manager and employees. Successfully innovative SMEs (Taipale-Erävala, Henttonen & Lampela, 2017) have an open-minded ability and a mental attitude enabling them to develop entirely new trends and thoughts enhanced by development friendly mindset and an attitude to cooperate beneficially with all partners. Roper and Hewitt-Dundas (2017) also find managerial attitudes, resource coordination, appropriability strategies and partnering skills equally important as technological competencies.…”

Section: Innovation and Microenterprisesmentioning

confidence: 99%

Blockchain Technology Innovation: An Investigation of the Accounting and Auditing Use-Cases

2021

Proceedings of the European Conference on Innovation and Entrepreneurship 2021

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Entrepreneurial competencies in successfully innovative SMEs

Cited by 14 publications

References 0 publications

Reinforcing Business Resilience Through Entrepreneurial Competencies During Pandemic COVID-19: A Case of Indonesian MSMEs

Reinforcing Business Resilience Through Entrepreneurial Competencies During Pandemic COVID-19: A Case of Indonesian MSMEs

Women's entrepreneurial competence within a patriarchal social system

Blockchain Technology Innovation: An Investigation of the Accounting and Auditing Use-Cases

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