IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-137-37146-1_5.html
   My bibliography  Save this book chapter

The Theory of Entrepreneurial Competence

In: The Theory of Entrepreneurship

Author

Listed:
  • Chandra S. Mishra

    (Florida Atlantic University)

  • Ramona K. Zachary

    (The City University of New York)

Abstract

Within the Entrepreneurial Value Creation Theory, the Theory of Entrepreneurial Competence combines resources and opportunities, propelled by entrepreneurial intention, resulting in an entrepreneurial competence as a key source of value creation generated from within Stage 1—Formulation. Specifically, within the Theory of Entrepreneurial Intentionality, entrepreneurial intention and adaptability, via the feasibility modulator, adjusts and adapts entrepreneurial resources. Next, the entrepreneur advances forward to the effectuation multiplier, which deploys entrepreneurial resources to reconfigure the entrepreneurial opportunity into an entrepreneurial competence, which then leads into Stage 2—Monetization (see figure 5.1). This iterative process can also initiate from the intention input and cycle through this internal process between the feasibility modulator and the effectuation multiplier.

Suggested Citation

  • Chandra S. Mishra & Ramona K. Zachary, 2014. "The Theory of Entrepreneurial Competence," Palgrave Macmillan Books, in: The Theory of Entrepreneurship, chapter 5, pages 115-140, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-37146-1_5
    DOI: 10.1057/9781137371461_5
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Amare Abawa Esubalew & A. Raghurama, 2021. "The moderating effect of size on the relationship between commercial banks financing and the performance of micro, small, and medium enterprises (MSMEs)," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 11(1), pages 1-14, December.
    2. Md. Abdul Momen & Shamsul Huq Bin Shahriar & Md. Kamrul Hassan & Seyama Sultana, 2020. "Determinants of Using Social Networking Sites Toward Entrepreneurial Success: Experience from a Developing Nation," Emerging Economy Studies, International Management Institute, vol. 6(2), pages 191-200, November.
    3. Sandra Misiak-Kwit & Małgorzata Wiścicka-Fernando & Kelaniyage Shihan Dilruk Fernando, 2021. "The Symbiotic Mutualism between Co-Creation and Entrepreneurship," Sustainability, MDPI, vol. 13(11), pages 1-12, June.
    4. Sandra Misiak-Kwit & Yunhua Zhang, 2022. "Entrepreneurial attitude of students - comparative study between China and Poland," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 9(3), pages 118-133, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-137-37146-1_5. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.