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Key Competences of Social Entrepreneurs

2. Social competence. Networks play a crucial role in entrepreneurship by facilitating

idea generation and opportunity identification. This competence requires interacting

effectively with stakeholders and building and maintaining networks.

3. Entrepreneurial competence is necessary for managing a business, involves the

efficient use of different resources, decision making, implementation of strategies and

continuous evaluation and adjustment of business strategies.

4. Sectoral competence refers to skills related to specific sectors, includes market and

technical knowledge and experience that positively influence the exploitation of

entrepreneurial opportunities.

5. Entrepreneurial self-efficacy is the belief in one's own entrepreneurial abilities and

is strongly linked to motivational constructs. Entrepreneurial self-efficacy influences the

processes of idea generation, implementation and management.