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On the relevance of the concept of entrepreneurial capabilities

Jean-Jacques Obrecht

International Journal of Entrepreneurship and Small Business, 2011, vol. 13, issue 2, 107-125

Abstract: The essay builds the relevance of the concept of entrepreneurial capabilities on a corpus of theoretical inputs starting with the 'effectual entrepreneur' model of S. Sarasvathy and appealing to scholarly work in various fields of interest. Two groups of capabilities are distinguished: individuals' anchored capabilities and context related capabilities. Identity and knowledge are presented as distinct capability components of the first group; networks, legitimacy and localness as the components of the second group. The presentation aims at bringing out the vision of a dynamic contextual set of interdependent distinct capabilities that underpin the entrepreneur's proactivity. It also suggests new ways to approach the challenging issue of sustainable entrepreneurship.

Keywords: entrepreneurial capabilities; resource development views; effectual entrepreneurs; identity; knowledge; networks; legitimacy; localness; sustainable entrepreneurship; Saras Sarasvathy; individuals; anchored capabilities; context related capabilities; capability components; interdependent capabilities; distinct capabilities; proactivity; sustainability; sustainable development; small and medium-sized enterprises; SMEs. (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (5)

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