ENTREPRENEURIAL COMPETENCIES AND ENTERPRISE PERFORMANCE: A STUDY ON THE STREET FOOD CART OWNERS IN KHULNA CITY OF BANGLADESH

Abstract

Academicians and practitioners have unanimously accepted that the entrepreneurs infuse dynamism and growth in the economy by developing new ideas and realising the ideas by creating new ventures. However, there is limited understanding about whether or how the entrepreneur influences the firm's performance that he or she has created. The focus of this paper is to explore the influences of entrepreneurial competencies on a firms’ performance with the empirical data from the hospitality service sector micro-enterprises in Bangladesh. Partial least square (PLS) regression analyses results generated using the primary data from 73 small restaurants from Khulna, the third-largest city of Bangladesh with an estimated population of 1 million, reveal that the conceptual competence of the entrepreneurs is the most commonly contribute entrepreneurial competence in terms of producing business performances. This revelation of this research once again highlights the mental front of entrepreneurship as the front side performance driver. JEL: L10; L20 Article visualizations: