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Entrepreneurial Competencies: An Indispensable Requirement for Business Success – Structural Analysis in the Higher Education Sector

Entrepreneurial Competencies: An Indispensable Requirement for Business Success – Structural Analysis in the Higher Education Sector
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Author(s): Martha Lucía Pachón-Palacios (EAN University, Colombia), Edward Velosa-García (EAN University, Colombia)and Francisco Javier Osorio-Vera (Universidad Externado de Colombia, Colombia)
Copyright: 2021
Pages: 25
Source title: Handbook of Research on Management Techniques and Sustainability Strategies for Handling Disruptive Situations in Corporate Settings
Source Author(s)/Editor(s): Rafael Perez-Uribe (Universidad de la Salle, Colombia), David Ocampo-Guzman (EAN University, Colombia), Nelson Antonio Moreno-Monsalve (EAN University, Colombia)and William Stive Fajardo-Moreno (EAN University, Colombia)
DOI: 10.4018/978-1-7998-8185-8.ch021

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Abstract

The entrepreneurial education has had a significant impact on the education system. One of the differentiating elements of business training is the approach that can be achieved through a set of effective competencies. In this work, the authors discuss the key competencies that need to be addressed in training future university professionals for business success. For this discussion, they use the structural analysis as a tool for construction and analysis. Initially, they discuss the purpose of the investigation. Then, they focus on the selection of the main entrepreneurial competencies according to literature. Finally, they structure a set of key variables that professionals should develop for business success. Experts with experience in the business and educational fields assess the degree of dependence and influence of the relevant competencies. From the results, they reveal a system of strategic entrepreneurial competencies that is consistent with the need for entrepreneurial training.

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