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A Study on Competency Modeling of Micro Entrepreneurs Recovering From Failure  

Im, jinhyuk (Kyonggi University, College of Liberal Arts)
Park, Seonghee (Seoul Credit Guarantee Foundation)
Kim, JaeHyoung (Seoul Business Agency)
Chae, yeonhee (Soongsil University College of Liberal Arts)
Publication Information
Asia-Pacific Journal of Business Venturing and Entrepreneurship / v.17, no.6, 2022 , pp. 71-88 More about this Journal
Abstract
The purpose of this study is to develop the competencies to help micro entrepreneurs who have experienced failure to successfully re-challenge. To this end, relevant literature published from 1977 to 2022 was analyzed, behavioral event interviews (BEI) were conducted with 7 successful micro entrepreneurs, and focus group interviews (FGI) were conducted three times by inviting competency development and HRD experts. Based on these research activities, the draft about competencies for micro entrepreneurs who had have failure was derived. And then inviting 12 experts in related field for Delphi Analysis, the final competency model that helps micro entrepreneurs successfully recover were developed as follows : Competency Groups(small business owners, recovery from failure), 8 detailed competencies(seize business opportunities, business planning, business differentiation, operation management, market exploration, research and development of products and services, positive self-regulation, overcoming and coping with failure experiences), 22 competency factors, and 72 behavioral indicators. This study has an academic significance in that it developed the competencies required for micro entrepreneurs recovering from failure. In addition, the results of this study can be used to develop a competency-based education program for micro entrepreneurs and to select suitable candidates for support programs.
Keywords
Recovery from Failure; Micro Entrepreneurs; Competency; Competency Modeling; Development of Behavioral Indicators;
Citations & Related Records
Times Cited By KSCI : 3  (Citation Analysis)
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