Critical Factors Of Entrepreneurial Competencies For Successfully Managing Micro And Small Enterprise In Ethiopia.

Journal Title: International Journal of Business and Management Invention - Year 2018, Vol 7, Issue 7

Abstract

The objective of this study is to investigates the critical factors of entrepreneurial competencies for Successfully Managing Micro and Small enterprise in Ethiopia. A structured questionnaire,containing 20 variables, has been used to collect data by survey and the target populations are manufacturing micro and small enterprise in Dessie, Kombolach and Haik City Administration. Total sample size was 200 and the researcher used Factor Analysis to identify the critical factors of entrepreneurial competencies for Successfully Managing Micro and Small enterprise. The study has identified 8 key factors from from 20 factors have been selected by conducting factor analysis as significant for successfully Managing Micro and Small enterprises. Those are Strategic competencies, Conceptual competence,Opportunity Recognition competence, Personal competence,Organizing competence, Relationship competencies,Network competence and Commitment competence.This study also may have implications for counselors, policy makers, trainers and also entrepreneurs. The findings of this research have revealed some implications for future practitioners and researchers whose aim is to study about entrepreneurs’ competence. Another implication that can be taken in to consideration for future research is the fact that factors identified by this research can be used to build a model for entrepreneurs’ competence.

Authors and Affiliations

Yimer Ayalew Ahmed, Dr. Brajaballav Kar, Dr. Hamed M. S. Ahmed

Keywords

Related Articles

Effect of Strategic Planning on the Performance of Higher Educational Institutes

The study addresses the impact of strategic planning on the performance of higher education institutions implementing it on the Blue Nile University in the period between 2013 -2015 , the primary objective of this study...

Effectiveness of Interdepartmental Relations on Service Delivery In Parastatals In Kenya: A Case Study Of Kenya Revenue Authority

The aim of this paper was to establish the effectiveness of interdepartmental relations on service delivery at Kenya Revenue Authority.Inter-departmental relations involve the pattern of cooperation among various units o...

Demand Analysis of Service Quality in Coffee Shop

This study adopts dimensions of service quality of SERVQUAL and related research and develops 26 quality factors to enhance service quality efficacy by discussing with the coffee shop, scholars and experts. By pair quest...

Micro Finance and Its Relationship with Unemployment in India

This research paper is an attempt to understand micro finance as a tool to eradicate poverty, analyzing the causes of rural unemployment and evaluating the policies introduced by the government in order to catalyze the a...

Skilling Students and Improving teaching Effectiveness through New Innovative Approaches

There are quite a few innovative approaches which the author has used with her students to improve the teaching effectiveness so that the teaching learning process gets further enhanced.Some of the approaches which the a...

Download PDF file
  • EP ID EP400948
  • DOI -
  • Views 118
  • Downloads 0

How To Cite

Yimer Ayalew Ahmed, Dr. Brajaballav Kar, Dr. Hamed M. S. Ahmed (2018). Critical Factors Of Entrepreneurial Competencies For Successfully Managing Micro And Small Enterprise In Ethiopia.. International Journal of Business and Management Invention, 7(7), 79-87. https://europub.co.uk/articles/-A-400948