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Developing a Staged Competency Based Approach to Enterprise Creation

Bozward, David and Rogers-Draycott, Matthew Charles (2017) Developing a Staged Competency Based Approach to Enterprise Creation. Proceedings of the International Conference for Entrepreneurship, Innovation and Regional Development. ISSN 2411-5320

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Official URL: http://iceird.eu/2017/

Abstract

Entrepreneurialism is a concept which affects individuals in a range of different ways (Jones et al 2014). In this paper the authors are interested in exploring how entrepreneurial activity can improve a person's propensity to create new ventures and how educational frameworks applied in a university context can be devised to specifically support this development. Building on previous work (Churchill and Lewis, 1983; Gartner, 1985; Draycott and Rae, 2011; Lackéus et al 2016), the Authors will explore a range of frameworks to identify elements which are useful and then develop these to propose a model which, they believe, will support the facilitation of experiential entrepreneurship education to show tangible results in the creation and growth (Blank and Dorf, 2010) of new ventures. The authors believe that this is important to increase discussion surrounding the development of experiential entrepreneurial education programmes (Jones et al 2014, Lackéus et al 2016), their impact (Kozlinska, 2016) and the ways in which university-based entrepreneurship programs, incorporating real-life venture creation, can bridge the gap (Lackéus and Williams Middleton, 2015) between entrepreneurship education and enterprise creation within the university environment. The paper discusses how the focal competence needed depends on the stage of the business and not necessarily on the academic level, mapping these to the EntreComp: The Entrepreneurship Competence Framework (Bacigalupo et al., 2016). To achieve this the paper will propose a staged, process-based approach to entrepreneurial education design which draws on the work of Kuratko and Morris (2015) to break the entrepreneurial effort into specific stages, or steps. This staged framework for entrepreneurial development will map the focal competencies and skills required for each of the stages of development and with the requirements for the entrepreneurial process integrative framework. The model nine stages are: Discovery, Modeling, Startup, Existence, Survival, Success, Adaption, Independence and Exit. The first three stages bring about a robust business idea and formation which are core developments within an educational setting. The next three develop the venture and the entrepreneur into a sustainable business entity and the last three provide entrepreneurial pathways. The resulting framework provides an identifiable path for educators, researchers, managerial practice and quality assurance for the support of entrepreneurs and their businesses. In teaching, the approach should be structured around the frameworks to capture the full content of entrepreneurship as opposed to a more narrow focus on case studies, business plans, and other experiential exercises. This paper leads the educator to a more comprehensive understanding of the dynamic nature of entrepreneurship, the skills required, the processes involved, the relationship between the entrepreneur and the venture, and the stages required to achieve this. Description of the poster: This staged framework for entrepreneurial development maps the focal competencies and skills required for each of the stages of development and with the requirements for the entrepreneurial process integrative framework. The model nine stages are: Discovery, Modeling, Startup, Existence, Survival, Success, Adaption, Independence and Exit. The first three stages bring about a robust business idea and formation which are core developments within an educational setting. The next three develop the venture and the entrepreneur into a sustainable business entity and the last three provide entrepreneurial pathways. The resulting framework provides an identifiable path for educators, researchers, managerial practice and quality assurance for the support of entrepreneurs and their businesses. In teaching, the approach should be structured around the frameworks to capture the full content of entrepreneurship as opposed to a more narrow focus on case studies, business plans, and other experiential exercises.

Item Type: Article
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The full-text can be accessed via the Official URL.

Uncontrolled Keywords: enterprise creation, entrepreneurship education, Entrepreneurship theory, entrepreneurship typologies, venture creation programs
Subjects: H Social Sciences > HF Commerce
Divisions: Academic Departments > Worcester Business School
Related URLs:
Depositing User: David Bozward
Date Deposited: 28 Feb 2017 10:16
Last Modified: 18 Sep 2017 15:50
URI: https://eprints.worc.ac.uk/id/eprint/5377

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