The pivotal position occupied recent post by www.learningbridge.edu.pk entrepreneurship as a sustainable tool for rapid economic development along with growth of a country cannot be over emphasized. This is evident in several available literatures authored by scholars on the topic matter but a closer examination of these literatures show tilted emphasis and concentrations on some common areas relating to entrepreneurship.
In like manner, entrepreneurial competences are critical success factors necessary for successful entrepreneurship, business success and of-course national development. The subject thus, deserves solemn attention in entrepreneurial discourse and not to be neglected. There isn't any substitute for entrepreneurship competence for successful entrepreneurship, not even abundant monetary resources can. There is no doubt as explained, entrepreneurial competence play important role in almost any successful entrepreneurial activities.
Increasing competitions, rapid and constant changes in internal and external environment of business activities, as well as the significant influence of Small and medium Scale Enterprises (SMEs) on the economy generally have resulted in an increasing interest in studying the role of factors stimulating successful entrepreneurship, business success and national development.
Even though, entrepreneurship, have played and may also play more of these positive roles, is just not a very easy vocation as it does not always guarantee a hundred per cent triumph. You'll find several critical areas of knowledge and factors that must be acquired and put in place to enable entrepreneurs achieve a measure of business success and consequently adding to national development.
Several researches happen to be conducted in areas of entrepreneurship competency, entrepreneurship success and national development.
Most literatures relating to entrepreneurship and entrepreneurship success often unquestionably argue that most entrepreneurial fiascos are essentially because of inadequate financial resources (e.g. Adeyemo and Onikoyi, 2012). Such research outcomes have no doubt influenced government policy direction in several developed and developing countries of the world throughout the creation of financial agencies and provision of financial resources to business units for the sole purpose of boosting and sustaining entrepreneurial development for rapid national development.
In like manner, entrepreneurial competences are critical success factors necessary for successful entrepreneurship, business success and of-course national development. The subject thus, deserves solemn attention in entrepreneurial discourse and not to be neglected. There isn't any substitute for entrepreneurship competence for successful entrepreneurship, not even abundant monetary resources can. There is no doubt as explained, entrepreneurial competence play important role in almost any successful entrepreneurial activities.
Increasing competitions, rapid and constant changes in internal and external environment of business activities, as well as the significant influence of Small and medium Scale Enterprises (SMEs) on the economy generally have resulted in an increasing interest in studying the role of factors stimulating successful entrepreneurship, business success and national development.
Even though, entrepreneurship, have played and may also play more of these positive roles, is just not a very easy vocation as it does not always guarantee a hundred per cent triumph. You'll find several critical areas of knowledge and factors that must be acquired and put in place to enable entrepreneurs achieve a measure of business success and consequently adding to national development.
Several researches happen to be conducted in areas of entrepreneurship competency, entrepreneurship success and national development.
Most literatures relating to entrepreneurship and entrepreneurship success often unquestionably argue that most entrepreneurial fiascos are essentially because of inadequate financial resources (e.g. Adeyemo and Onikoyi, 2012). Such research outcomes have no doubt influenced government policy direction in several developed and developing countries of the world throughout the creation of financial agencies and provision of financial resources to business units for the sole purpose of boosting and sustaining entrepreneurial development for rapid national development.