The Role of Entrepreneurial Competencies in Strengthening Business Resilience: A Case Study of Young Entrepreneurs in Central Java
DOI:
https://doi.org/10.53512/valid.v22i1.474Keywords:
Entrepreneurial Competencies, Young Entrepreneurs, Gender, MSME, Central JavaAbstract
This study highlights the importance of entrepreneurial competencies for young entrepreneurs, particularly in facing the increasingly competitive and uncertain business environment. Utilizing five dimensions of entrepreneurial competencies—opportunity competency, relationship competency, strategic competency, conceptual competency, and organizing competency—this research aims to analyze the level of entrepreneurial competencies among young entrepreneurs mentored by the Youth, Sports, and Tourism Department (Disporapar) of Central Java. Additionally, the study explores the influence of gender and business sectors on the level of entrepreneurial competencies. The research analysis employs one-way ANOVA with 184 young entrepreneur respondents. The results show that relationship competency is the most dominant aspect of entrepreneurial competency, while gender and business sectors significantly affect several aspects of entrepreneurial competencies, particularly relationship, strategic, and organizing competencies.
References
Bird, B. (2019). Toward a theory of entrepreneurial competency. In Seminal ideas for the next twenty-five years of advances (Vol. 21, pp. 115-131). Emerald Publishing Limited.
Díaz-García, M. C., & Jiménez-Moreno, J. (2010). Entrepreneurial intention: the role of gender. International entrepreneurship and management journal, 6, 261-283.
Edmond, V. P., Brannon, D., Stewart, A., & Williams, J. (2016). The Role of Gender in Entrepreneurial Leadership Skills Training. In Developments in Business Simulation and Experiential Learning: Proceedings of the Annual ABSEL conference (Vol. 43).
Enriquez de la O, J. F. (2015). Resource-based view and dynamic capabilities-Achieving competitive advantage through internal resources and competences. Vezetéstudomány-Budapest Management Review, 46(11), 50.
Ferreras-Garcia, R., Hernández-Lara, A. B., & Serradell-López, E. (2021). Gender and learning results: a study on their relationship in entrepreneurship education and business plans. Studies in Higher Education, 46(11), 2355-2370.
Hanum, G. K., Andriani, N., Pattiran, M., Idie, D., & Susilowati, S. (2024). Kepemimpinan Strategis Dan Kinerja Organisasi: Sebuah Meta-Analisis. Jurnal Review Pendidikan dan Pengajaran (JRPP), 7(1), 158-166.
Hatammimi, J., & Nurafifah, F. Z. (2023). Mengukur Pengenalan Peluang Berwirausaha Sebagai Dampak Pendidikan Kewirausahaan. INOBIS: Jurnal Inovasi Bisnis dan Manajemen Indonesia, 6(4), 506-523.
Khamis, S. M. (2021). A Study on Individual Factors Influencing Youth Entrepreneurship in Zanzibar, Tanzania.
Klapper, L. F., & Parker, S. C. (2011). Gender and the business environment for new firm creation. The World Bank Research Observer, 26(2), 237-257.
Kuratko, D. F., & Hodgetts, R. M. (2017). Entrepreneurship: Theory, process, practice. Boston: Cengage learning.
Linnenluecke, M. K. (2017). Resilience in business and management research: A review of influential publications and a research agenda. International journal of management reviews, 19(1), 4-30.
Marlow, S., & Swail, J. (2014). Gender, risk and finance: why can't a woman be more like a man?. Entrepreneurship & Regional Development, 26(1-2), 80-96.
Messersmith, J. G., & Wales, W. J. (2013). Entrepreneurial orientation and performance in young firms: The role of human resource management. International small business journal, 31(2), 115-136.
Mitchelmore, S., & Rowley, J. (2010). Entrepreneurial competencies: a literature review and development agenda. International journal of entrepreneurial Behavior & Research, 16(2), 92-111.
Octasylva, A. R. P., Yuliati, L. N., Hartoyo, H., & Soehadi, A. W. (2022). Innovativeness as the key to MSMEs’ Performances. Sustainability, 14(11), 6429.
Oosterbeek, H., van Praag, M., & Ijsselstein, A. (2010). The impact of entrepreneurship education on entrepreneurship skills and motivation. European Economic Review, 54(3), 442-454.
Osunmuyiwa, O. O., & Ahlborg, H. (2022). Stimulating competition, diversification, or re-enforcing entrepreneurial barriers? Exploring small-scale electricity systems and gender-inclusive entrepreneurship. Energy Research & Social Science, 89, 102566.
Salisu, I., Hashim, N., Mashi, M. S., & Aliyu, H. G. (2020). Perseverance of effort and consistency of interest for entrepreneurial career success: does resilience matter?. Journal of Entrepreneurship in Emerging Economies, 12(2), 279-304.
Setiawan, Z., Judijanto, L., Azizah, I. S., Heirunissa, H., Islami, V., Suprayitno, D., ... & Noorzaman, S. (2024). Pengantar Administrasi Bisnis: Teori Komprehensif. PT. Sonpedia Publishing Indonesia.
Teece, D. J. (2014). The foundations of enterprise performance: Dynamic and ordinary capabilities in an (economic) theory of firms. Academy of management perspectives, 28(4), 328-352.
Teece, D. J. (2018). Business models and dynamic capabilities. Long Range Planning, 51(1), 40-49.
Zhao, H., Seibert, S. E., & Lumpkin, G. T. (2010). The relationship of personality to entrepreneurial intentions and performance: A meta-analytic review. Journal of management, 36(2), 381-404.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2024 Muhammad Syah Fibrika Ramadhan
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.