Business Management Dynamics

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ISSN: 2047-7031

bmd Business and Management Dynamics bmd
ISSN: 2047-7031  
Volume  2   Issue 12  2013  
Article Abstract
High-growth ventures: Work of competent entrepreneurs or lucky guys
Keywords:  Entrepreneurship, entrepreneurial competences, growth, learning, curricula development.
Jaka Vadnjal and Tina Kociper
This paper deals with competences, which are needed by entrepreneurs in order to successfully run a growing business. According to traditional paradigm, entrepreneurial competences can be whether inherited or learned or a combination of both. Although extensive research evidence has been available on different scopes of entrepreneurship in growing businesses, not much has been discovered about peculiarities in the entrepreneurial competences which has attracted a certain degree of both professional and research interest in the past decade or so. Furthermore, practically nothing was said and written on dilemma, whether entrepreneurial competences are inherited or can be learned. This qualitative research was conducted. Data collection was based on semi-structured personal interviews with the 23 entrepreneurs, preferably establishers/owners of businesses. Ten perceived competences were recognized from literature survey and entrepreneurs were asked to rank them from a given list. Results show that understanding customer needs is the most perceived skill, followed by persevering, creative thinking, story-telling and building trust. The findings will influence the future thinking on renewal of graduate and undergraduate curricula in the particular business school focused mainly on entrepreneurship.
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