The Relationship Between Microenterprises’ Sense of Entrepreneurial Competence and Their Success in Peru
摘要
The concept of ESE (or “entrepreneurial self-efficacy”) has been increasingly central to the study of entrepreneurship in recent years. The study surveyed 382 business owners across four provinces in Peru, with the aim of analyzing and gauging the impact of the five ESE aspects on the commercial success of micro- and small firms. The analysis was performed in SmartPLS 3.3. Business success for micro- and small enterprises was found to be positively impacted by ESE characteristics. It was also determined that the promotion of an inventive atmosphere contributed less to the improvement in company results than the dimension of establishing interactions with ESE investors.