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Arabian Journal of Business and Management Review

ISSN: 2223-5833

Open Access

Perceived Entrepreneurial Competency

Abstract

Mirza Muhammad Omer

Entrepreneurship a global phenomenon which has given the trend of innovative business startups. The jobs are created as the economy grows. A source of profit generation, return on investments and potential new markets. Word Entrepreneur which is new academic discipline: first time was used by economist. The entrepreneurial learning has drifted from personality influences to the behavioral influences, motivators and cognitive learnings. Entrepreneurial intentions have been studied by various researchers. This is established by that intentions can be measured developed far before opportunity seeking. Developed a model in which gradient of life path determines the intentionality and perception of venturing, so both probability and intentionality lead to venturing, conception, willingness and possibility of new venturing. Theory of planned behavior is another intention based model for prediction of intentions]. The choice of the career is the cognitive process based on beliefs and attitude. Entrepreneurial education can only be significant if changes the conceived desirability and the efficacy of the individuals. This study shall identify those Entrepreneurs who introduced radical changes in the field of education with prime objective of monetary gains linked by deliverance of quality education at work places, door steps and online. There is always a first time and these Entrepreneurs are the trend setters in the field of education learning from the mistakes of the predecessors. The influx of the new entrants in Lahore as Educational entrepreneurs have been a attractive venture and lucrative business to start up with but question remains what are their practices as professional efficacy and how their personal traits are complementing to produce quality education and revenue generation for Entrepreneur. The changing trends in the educational adaptation a radical preference for IGCSE and Edexcel examination taken under Syndicate of University of Cambridge has created rising demand for professionals to facilitate the students. It is well said that a career that influenced by the entrepreneurship surely offers the individuals ample of opportunities to enjoy independence, reap greater financial payback and gain towards overall economy through a contribution to innovation, job enhancement, and economic development.

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