Influence of the entrepreneur's capacity in business performance
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Teruel Sánchez, Ricardo; Briones Peñalver, Antonio Juan; Bernal Conesa, Juan Andrés; Nieves Nieto, María del Carmen deKnowledge Area
Organización de EmpresasPublication date
2021Publisher
Wiley BlackwellBibliographic Citation
Ricardo Teruel‐Sánchez & Antonio Juan Briones‐Peñalver & Juan Andrés Bernal‐Conesa & Carmen de Nieves‐Nieto, 2021. "Influence of the entrepreneur's capacity in business performance," Business Strategy and the Environment, Wiley Blackwell, vol. 30(5), pages 2453-2467, July.Keywords
Entrepreneur's capacityInstitutional environment
Mar Menor Region
Performance
Structural equation modelling
Sustainability
Localization
Abstract
The article presents a theoretical model of the entrepreneur's capacities and their influence on business performance. Starting from the traditional theory of dynamic capacities, those related to entrepreneurship and/or that influence the entrepreneur's capacities are identified, determining factors such as training, experience and confidence. In addition, other factors such as the environmental and institutional environment have been taken into account as they affect the entrepreneurship. For this purpose, a study was carried out with the Smart PLS software in a sample of companies in the tourism sector in the Mar Menor Region (Spain). An essential factor in the development of entrepreneurship in the region is the sustainability of the coastal lagoon. Some considerations are obtained from the study of the factors that determine the model of capacities, in which the confidence of the entrepreneur and the environmental sustainability, exert a positive and significant influence in the ...
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