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Ahmed, Yimer Ayalew
- Analysis of Entrepreneurial Competencies and It's relationship with Performance of SME’s in Ethiopia with reference the Manufacturing industry in Kombolcha City
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1 Department of Management, Wollo University, ET
2 School of Management, KIIT University, Bhubaneswar, IN
1 Department of Management, Wollo University, ET
2 School of Management, KIIT University, Bhubaneswar, IN
Source
IBMRD's Journal of Management & Research, Vol 7, No 2 (2018), Pagination: 26-36Abstract
This study investigates the relationship between of entrepreneurial competencies and Performance of SME’s in Ethiopia with reference the Manufacturing industry in Kombolach City. Performance can influence on the entrepreneurial competency areas including opportunity, relationship, organizing, strategic and commitment, competencies. Specifically, the objective of this study is to examine the relationship between entrepreneurial competencies and the Performance of SME’s with reference the Manufacturing industry in Kombolach City. The sample survey conducted among the owners or managers in the manufacturing industry, SMEs in Kombolcha city. An empirical test carried out on the data gathered from questionnaires. The result indicated that all the competencies have a positive relationship with the firm performance that means all the competencies are required by entrepreneurs of manufacturing industry. The medium level of correlation was found between relationship, strategic competency and firm’s performance. Relationship, and strategic competencies linearly correlate with firm’s performance, as they have level of significance less than 0.05. Other competency areas I. e. opportunity, organizing and commissioning competencies are not significant for firm’s performance, which seem improvable by training and experiences.Keywords
Entrepreneurial Competencies, Performance, Manufacturing Industry.Full Text
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Parikalpana: KIIT Journal of Management, Vol 15, No 1&2 (2019), Pagination: 315-316Abstract
The role of entrepreneurship in poverty alleviation and contribution to national economy is well established. Especially, a developing economy needs more entrepreneurs to contribute to the economy. The contribution to the economy is larger in developed countries. Entrepreneurship as a career choice, though can be taken up at different ages, it is usually at a younger age. There are different push and pull factors for choosing entrepreneurship. Market opportunity may pull but lack of employment may push towards entrepreneurship, with different outcomes of the effort. The difference is worthy of investigation. Entrepreneurship as a trait versus acquired skill is also debated extensively. Usually the entrepreneur is assumed to be the sole individual however, an organization requires the contribution of others as well, even before the start.Full Text