Review of skill and the entrepreneurial process
January 30, 2013 Editor 0
Purpose – The purpose of the paper is to address the fundamental nature of skill and identify how an examination of skill may be introduced into theoretical understanding of the entrepreneurial process. Design/methodology/approach – The paper undertakes a fundamental review of skill. Findings – Skill is an under-researched construct. Skills once learnt are discounted, undervalued and largely ignored, excepting when they are not executed. Skills are multidimensional and continuous, and context-related. They are not the same as competencies. Skills associated with the entrepreneurial process are primarily theoretical constructs and have been associated with opportunity recognition theory. The initiation of the process through alertness may be challenged and substituted with identification of a social/market valued need. Adopting different paradigmatic approaches to entrepreneurial behaviour yields different issues including problems of measurement and how skills are valued socially, politically and economically. Insufficient empirical research has been carried out to test theory, and identify critical skills.
Practical implications – Further empirical research is needed to test and build theory that resonates with practitioner – in particular of the entrepreneur – understanding. Education and training policies should reflect sound theory and practice and where appropriate fund further work on the nature and development of entrepreneurial skills.
Originality/value – A fundamental review of skill has not been carried out academically since 1990; this paper is timely as it not only addresses that gap, but develops the work by applying an understanding the issues of researching skill to the entrepreneurial process.
Go to Source
- Review of Skill and the Entrepreneurial Process
- Towards a knowledge-based view of firm innovation. Theory and empirical research
- Will Black economic empowerment catalyse South African growth?
- Project on wastewater treatment technologies in Tanzania seeks to transform agro-processing industry in eastern Africa
- Make Your Innovative Idea Seem Less Terrifying
- The technological decision model: an entrepreneurial innovation in digital printing technologies
Subscribe to our stories
- SL Crowd Green Solutions September 21, 2020
- Digital transformation in the banking sector: surveys exploration and analytics August 3, 2020
- Why Let Others Disrupt You? Take the Smart Self-Disruption Journey! August 3, 2020
- 5 Tips for Crowdfunding During the Pandemic August 3, 2020
- innovation + africa; +639 new citations August 3, 2020