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JOURNAL OF STRATEGIC INNOVATION AND SUSTAINABILITY
The Venture Creation Process, Entrepreneurial Self-Efficacy and Competitiveness:
A Focus on Technology Enterprises
Author(s): Boris Urban
Citation: Boris Urban, (2012) "The Venture Creation Process, Entrepreneurial Self-Efficacy and Competitiveness:
A Focus on Technology Enterprises," Journal of Strategic Innovation and Sustainability, Vol. 7, Iss. 3, p. 66 - 83
Article Type: Research paper
Publisher: North American Business Press
Abstract:
Venture creation is typically conceptualized in terms of entrepreneurial tasks within a venture creation
process, where the transition from one stage to another is often the result of a combination of various
skill and belief components. This paper investigates the relationship between the venture creation phase,
in terms of entrepreneurial self-efficacy and the competitiveness of small and medium technology
enterprises. Correlational and regression analysis are performed where empirical evidence supports that
the searching, planning, marshaling resources and implementing people phases of the venture process
are significantly associated with the competitiveness of these enterprises.
