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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