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Entrepreneurial Competencies and Traits

Entrepreneurial competency is the most influential contributing factor for rapid economic progression within many developed economies. This chapter focuses on several selected entrepreneurial competencies and traits by investigating their influence on the performance and the sustainability of micro-enterprises owned and managed by low-income households. The key competencies and traits were selected after combing through a number of relevant theories and empirical studies that determined the effects of these traits and competencies on the performance and the sustainability of micro-enterprises.