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Edited by Léo-Paul Dana
Chapter 14: Entrepreneurial Capabilities: A Resource-based Systemic Approach to International Entrepreneurship
14 Entrepreneurial capabilities: a resourcebased systemic approach to international entrepreneurship Jean-Jacques Obrecht Entrepreneurship is expected to be the fuel of economic development throughout the world. However the grounds for this tribute are contingent. In the parts of the world at the forefront of globalization, the worship of entrepreneurship is linked to the issue of competitiveness which underpins the survival and growth of business ﬁrms everywhere. In other signiﬁcant parts, entrepreneurship development is taken for a necessity to overcome poverty. Here and there entrepreneurs’ malfeasance stirs up questions on entrepreneurial captalism with a more or less explicit consideration of ethics. This chapter seeks to address these interconnected issues. A fresh approach to entrepreneurship is also called for, especially if it has to ﬁt to an international context. After the celebration of the entrepreneurial traits, researchers now emphasize the entrepreneurial process. The latter is viewed in exclusive concert with the market process while overlapping with conventional strategic thought. Insofar as the entrepreneurial process is bound with the competitive behaviours that drive the market process, and to the extent that the core of strategy is winning a marketbased competitive advantage, the tuning between entrepreneurial process and market process is perfect. As shown in a multitude of diagrams, the business global environment is set apart precisely because, in mainstream thinking on entrepreneurship, the basic entrepreneurial logic is marketoriented. The approach of this chapter takes its inspiration from resource-based strategic thinking. It views the entrepreneur as a holder of capabilities, with a special concern...
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