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ArticlePeer ReviewedOpen AccessPlagiarism Passed
Paper ID:IJSREM52878

Critical Domains and Strategic Significance of Management Training for Prospective Entrepreneurs

Stream/Area:

-

Subject:

-

Paper ID:

IJSREM52878

Volume:

9 |

10 |

Oct 2025

Pages:

1-7

Publication Frequency:

Monthly (12 issues per year)

DOI
Digital Object Identifier
10.55041/IJSREM52878

License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.

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Authors

DVB

Dr. Venkataram Bhat

Commerce

Government First Grade College, Shankaranarayana

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Abstract

Entrepreneurship serves as a primary engine for macroeconomic development and individual economic empowerment. While ideation initiates enterprise creation, long-term venture viability depends heavily on the founder’s managerial acumen. Consequently, identifying the scope, composition, and strategic impact of core managerial competencies remains a critical area of inquiry for both academic researchers and development practitioners. This study examines the key managerial competencies essential for enterprise sustainability and assesses how trained founders perceive the utility and relative importance of these skills. Empirical data were collected through a structured survey of 350 certified entrepreneurs across 29 Entrepreneurship Training Institutes (ETIs) situated in Karnataka State. Employing quantitative evaluation techniques, the study determines the empirical weighting and operational significance of specific managerial dimensions—including strategic planning, financial governance, operational execution, and human resource management—required to successfully launch and sustain a commercial venture. The empirical findings reveal a decisive correlation between targeted managerial competence and venture operational stability, highlighting significant disparities in how founders prioritize specific functional skills. The results underscore that current institutional curricula often fail to adequately balance technical trade skills with critical strategic competencies. Accordingly, the study concludes that ETIs must systematically modernize and re-weight their pedagogical frameworks to prioritize high-impact managerial capabilities. By articulating the requisite competency portfolio, this research offers actionable insights for institutional policymakers, vocational educators, and training institutes seeking to optimize curriculum design, enhance post-training venture survival rates, and foster resilient regional entrepreneurial ecosystems.

KEYWORDS

Entrepreneurship Education Managerial Competencies Entrepreneurship Training Institutes (ETIs) Venture Survival Capacity Building Karnataka.

Cite This Article

Dr. Venkataram Bhat, "Critical Domains and Strategic Significance of Management Training for Prospective Entrepreneurs," International Journal of Scientific Research in Engineering and Management, vol. 9, no. 10, pp. 1-7, Oct 2025. https://doi.org/10.55041/IJSREM52878

Full Article/Conclusion

Management is an all-inclusive concept which is applicable to each and every human activity. Entrepreneurship is no exception to this. Application of principles of management and performing the management functions efficiently and effectively would lead to success of any enterprise. Entrepreneurial activity involves taking risks and such uncertainties can be reduced with better management techniques and strategies. An entrepreneur needs to be better manager to be successful in his efforts. Study is intended to guide policy makers and entrepreneurship training institutions in planning and implementing the training programmes.

References

1.                Andreas, A. T. (2025). Entrepreneurial skills and MSE performance: Examining the role of management skills and financial access. Cogent Business & Management, 12(1). 2.                Busso, M., Park, K., & Irazoque, N. (2023). The Effectiveness of Management Training Programs: A Meta-Analytic Review. Inter-American Development Bank. https://doi.org/10.18235/0004815 3.                Gielnik, M. M., & Bohlayer, C. (2024). Maintaining the impact of action-oriented entrepreneurship training: The role of error mastery orientation for training transfer in an active learning setting. European Journal of Work and Organizational Psychology, 33(6), 777–789. https://doi.org/10.1080/1359432x.2024.2383424 4.                Ismail, I. J. (2022). Entrepreneurs’ competencies and sustainability of small and medium enterprises in Tanzania: A mediating effect of entrepreneurial innovations. Cogent Business & Management, 9(1). https://doi.org/10.1080/23311975.2022.2111036 5.                Le, T. N. P., Nguyen, K. H., & Nguyen, N. T. H. (2023). How environmental understanding affects the green entrepreneurial intention of Centennials in Vietnam. Entrepreneurial Business and Economics Review, 11(4), 123–137. https://doi.org/10.15678/eber.2023.110408 6.                Pathania, A., & Tanwar, S. (2024). Decoding startup failures in Indian startups: Insights from Interpretive Structural Modeling and Cross-Impact Matrix Multiplication Applied to Classification. Journal of Entrepreneurship, Management and Innovation, 20(2), 93–116. https://doi.org/10.7341/20242025 7.                Tenggono, E., Soetjipto, B. W., & Sudhartio, L. (2024). Managing digital transformations: The intermediary function of digital readiness in facilitating strategic renewal within the healthcare industry. Cogent Business & Management, 11(1). https://doi.org/10.1080/23311975.2024.2423276  

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Publication Date

10/29/2025

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Review Rounds: 2

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