Toward a new entrepreneurial skills and competencies framework: a qualitative and quantitative study

This paper develops and tests a new framework for addressing entrepreneurial skills. We first used a qualitative research methodology and interviewed entrepreneurs from France, Canada, and Algeria in order to figure out the relevant skills. Then we used a quantitative research methodology to validate our findings. Our framework relies on 44 skills and abilities. Using a principal component analysis (PCA) they were clustered into eight key categories that are making the backbone of our framework: 1 opportunity recognition and exploitation 2 financial management 3 human resources management 4 marketing and commercial activities 5 leadership 6 self-discipline 7 marketing and monitoring 8 intuition and vision.