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Determinants of Entrepreneurial Competencies Development in Small and Medium Enterprises

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  • Azmi Umar
  • Che Mohd Syaharuddin Che Cob
  • Che Mohd Zulkifli Che Omar
  • Mohd Sahandri Gani Hamzah

Abstract

This paper is to investigate the impact of key factors that influence the development of entrepreneurial competencies in Malaysian SMEs, both in the manufacturing sector and services sector. This is vital because the economy of Malaysia is partially depending on the contribution of SMEs and the roles played by SMEs. The statical sample population of this research includes 407 owners and manager involved in SMEs. For data collection, a standard questionnaire using seven-point Likert scale and 72 items were used to evaluate 12 entrepreneurial competencies and four items that influence the development of entrepreneurial competencies. Data were analyzed using SPSS version 21 and SEM-Amos version 21. The results confirmed, education was significantly affecting the development of entrepreneurial competencies among entrepreneurs, while the training before business set-up, training after business set-up and work experience have no effect on the development of entrepreneurial competencies. The results contributed to the development of theoretical contribution and knowledge base, as well as offering results that will be of interest to research and policy communities. The results are limited to quantitative, using cross-sectional data. The direction for future research are also suggested.

Suggested Citation

  • Azmi Umar & Che Mohd Syaharuddin Che Cob & Che Mohd Zulkifli Che Omar & Mohd Sahandri Gani Hamzah, 2021. "Determinants of Entrepreneurial Competencies Development in Small and Medium Enterprises," International Journal of Business and Management, Canadian Center of Science and Education, vol. 14(1), pages 147-147, July.
    • Handle: RePEc:ibn:ijbmjn:v:14:y:2021:i:1:p:147
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    1. Roure, Juan B. & Keeley, Robert H., 1990. "Predictors of success in new technology based ventures," Journal of Business Venturing, Elsevier, vol. 5(4), pages 201-220, July.
    2. Maresch, Daniela & Harms, Rainer & Kailer, Norbert & Wimmer-Wurm, Birgit, 2016. "The impact of entrepreneurship education on the entrepreneurial intention of students in science and engineering versus business studies university programs," Technological Forecasting and Social Change, Elsevier, vol. 104(C), pages 172-179.
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    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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