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Student Entrepreneurship and the Venture Creation Process: A Competency Perspective.

Breckau, Nadja (2023) Student Entrepreneurship and the Venture Creation Process: A Competency Perspective.

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Abstract:This thesis examines student entrepreneurship, a phenomenon of increasing societal and economic importance. Student entrepreneurs often face ambivalent institutional environments, in which their universities often introduce inflexible academic obligations. In addition, the topic of student entrepreneurship is under-researched, and the multi-faceted process of creating successful student ventures is, therefore, not well understood. For these reasons, this study aims to contribute to the existing theory on the topic by investigating which competencies student entrepreneurs possess at different stages of the venture creation process and which are necessary for these ventures to succeed. The literature review revealed three entrepreneurial competencies necessary for ventures to obtain private equity funding: the opportunity refinement, championing and leveraging competencies. Additionally, ten semi-structured qualitative interviews were conducted and thematically coded and analyzed. This yielded an overview of the problems, barriers and support structures the interviewees experienced while establishing their ventures. Further, four paths for the development of market credibility by student ventures were outlined and future research possibilities highlighted. Ultimately, it can be stated that while all three entrepreneurial competencies are necessary for student ventures to obtain market credibility, some of them need to be developed by the founding team, while others can be provided externally.
Item Type:Essay (Master)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:85 business administration, organizational science
Programme:Business Administration MSc (60644)
Link to this item:https://purl.utwente.nl/essays/94765
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