KEY AREARS OF COMPETENCIES IN WOMEN ENTREPRENEUR
FIGURE 1
Based on figure 1, Soft
computing-based entrepreneurial key
Competencies’ model (SKECM). This tool is capable of predicting/judging
the overall. Quality of entrepreneurial competencies. SKECM is based on the
three-cluster, ten key entrepreneurial competencies developed and used by
Empretec. A three-stage, 14 different models have been developed and validated
by hundreds of randomly generated datasets.
FIGURE 2
Based on figure 2, Personal
factors like self fulfillment and achievement are motivational factors for
females across the globe. One significant factor contributing to this is the
status of females in society, especially in the developing world. The
job-market situation also poses threats to females and they may become
entrepreneurs to find more opportunities. At jobs, females may not be provided
with roles that allow them to grow according to their capabilities. Female
entrepreneurship may be due to the need to meet family expenses, while among
middle-income groups it can be attributed to the desire to raise the standard
of living.
FIGURE 3
Based on figure 3, The
influence entrepreneurial characteristics on business performance are mediated
by the entrepreneurial competencies shows significant results. The
relationships of entrepreneurial characteristics with entrepreneurial
competencies obtained statistically significant results, demonstrated the value
of the standardized coefficient of 0,709 with probability (p-value) less than
0.05. Similarly, the relationship of entrepreneurial competencies with business
performance obtained statistically significant results, demonstrated the value
of the standardized coefficient of 0,387 with probability (p-value) less than
0.05. The results of this analysis provide evidence empirically that
entrepreneurial competency as mediation of relationship entrepreneurial characteristics
with business performance. The result of the analysis provides empirical
evidence that entrepreneurship competence has a mediation role relationship of
entrepreneurial characteristics with business performance. Entrepreneurial
characteristics are able to improve business performance through the
establishment of the entrepreneurial competencies, entrepreneurial competencies
will be able to further improve the business performance.
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