THE EFFECT OF EXPERIENTIAL LEARNING ON ENTREPRENEURIAL COMPETENCIES AND BUSINESS PERFORMANCE

Matshepo Koape () and Anastacia Mamabolo
Additional contact information
Matshepo Koape: University of Pretoria’s Gordon Institute of Business Science, 26 Melville Rd, Illovo, Johannesburg 2196, South Africa
Anastacia Mamabolo: University of Pretoria’s Gordon Institute of Business Science, 26 Melville Rd, Illovo, Johannesburg 2196, South Africa

Journal of Developmental Entrepreneurship (JDE), 2024, vol. 29, issue 02, 1-26

Abstract: The study’s purpose is to examine the effect of experiential learning on business performance through the mediating role of entrepreneurial competencies. Quantitative research was conducted with 123 entrepreneurs in the business development phase, who were part of a business school’s experiential entrepreneurial program in South Africa. Multiple hierarchical regression analysis revealed that experiential learning led to mastery of entrepreneurial competencies that benefited business performance. Specific competencies played a role as mediators, such as opportunity recognition and market analysis. The findings also suggest that environmental factors such as access to finance shape the mediating role of entrepreneurial competencies on experiential learning and business performance. The study contributes to the entrepreneurship field by looking at experiential learning beyond entrepreneurial intentions to action. In addition, the study demonstrates that experiential learning and its outcomes are influenced by the stage of the business and intended learning outcomes. Therefore, researchers and practitioners should consider entrepreneurial competencies from a multi-dimensional perspective.

Keywords: Entrepreneurial competencies; experiential learning; business performance (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S1084946724500109
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:jdexxx:v:29:y:2024:i:02:n:s1084946724500109

Ordering information: This journal article can be ordered from

DOI: 10.1142/S1084946724500109

Access Statistics for this article

Journal of Developmental Entrepreneurship (JDE) is currently edited by Peter Koveos

More articles in Journal of Developmental Entrepreneurship (JDE) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().