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The chapter provides an overview of the various competencies required for entrepreneurship, including:1. Entrepreneurial competencies such as opportunity discovery, creation, and evaluation.2. Knowledge-based competencies related to business planning, market analysis, and financial management.3. Attitude-based competencies such as risk-taking, proactivity, and a growth mindset.4. Skill-based competencies including communication, negotiation, and time management.5. Behavior-based competencies related to networking, collaboration, and navigating complex situations.6. Contextual competencies that take into account external factors such as government policies, cultural norms, and economic conditions.7. Team-based competencies involving the ability to work effectively within a team.8. Time-based competencies related to identifying opportunities and making decisions under time pressure.9. Modality-based competencies allowing entrepreneurs to adapt their strategies to different situations.10. Type-based competencies related to the type of entrepreneurial activity being pursued.The chapter also highlights areas for future research, including:1. Developing entrepreneurial competencies during different phases of entrepreneurship.2. Examining the impact of technological advancements on entrepreneurial work and required competencies.3. Investigating the role of competencies in determining success and positive externalities such as job creation and economic growth.4. Examining the relationship between competencies and other factors influencing entrepreneurial performance, such as education, experience, and access to resources.5. Developing standardized assessments of entrepreneurial competencies for evaluation purposes.6. Utilizing AI and machine learning algorithms to enhance development and measurement of entrepreneurial competencies.7. Examining the relationship between entrepreneurial competencies and broader societal outcomes such as economic growth, innovation, and job creation.
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