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The roles of competencies in the new venture creation among e-Commerce entrepreneurs in Malaysia


Citation

Ahmad Firdause Md Fadzil and Mohd Rafi Yaacob and Mohd Nazri Muhayiddin (2017) The roles of competencies in the new venture creation among e-Commerce entrepreneurs in Malaysia. International Journal of Business and Management Invention, 6 (3). pp. 25-31. ISSN 2319 – 8028

Abstract

Over the past three decades, studies on entrepreneurs; the main components behind
entrepreneurship particularly for new venture creation processes, have been widely highlighted by researchers.
An entrepreneur is regarded as the main actor in entrepreneurship as he/she is the one who is responsible for a
new venture creation. It involves a lot of thinking and decision making in the establishment of a new enterprise.
Most past studies focused more on the psychological aspects of entrepreneurs, looking at the process of creating
new ventures, but less on entrepreneurial competencies which lead to new venture creations. In order to fill the
lacunae, the aim of this study is to identify the role of entrepreneurial competencies that contribute to the
creation of new e-commerce businesses in Malaysia. This research used a case studies approach in which data
were collected by face to face interviews - a total of twelve e-commerce entrepreneurs throughout the country
from May 2013 to December 2014. The findings of this study have found that the entrepreneurial competencies
in both computer and communication skills have largely contributed to the creation of new businesses. These
skills are really essential as it facilitates entrepreneurs in expediting their creation of new ventures. To
encourage entrepreneurial activities in the country, it is highly important for the government to emphasise on
the elements of entrepreneurial competencies among the people. This is a crucial step as it not only benefits the
society as a whole, but also the future of the country

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Item Type: Non-Indexed Article
Collection Type: Institution
Date: 2017
Journal or Publication Title: International Journal of Business and Management Invention
ISSN: 2319 – 8028
Uncontrolled Keywords: Entrepreneurship - New venture creation : Individual competencies and e-commerce
Faculty/Centre/Office: Faculty of Entrepreneurship and Business
URI: http://discol.umk.edu.my/id/eprint/8355
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