Resumen

HERNANDEZ JUNCO, Varna; POVEDA MORALES, Tannia Cristina  y  ARTOLA PIMENTEL, María de Lourdes. Personal Competencies of Entrepreneurs, and Factors in Business Creation in Ecuador ( The Ambato Grocery Store Case. Cofin [online]. 2019, vol.13, n.1, e11. ISSN 2073-6061.

In Ecuador, businesses run by entrepreneurs, and micro enterprises generate jobs. However, they have been increasingly closed down since 2010 with them being less than five years in operation. Apart from that, young people try to get a job mostly by starting a business without knowing whether they have or not the competencies necessary to this. In this respect this work has the goal of determining what competencies entrepreneurs should have, and what factors give impetus to or hinder business creation in Ecuador. In order to achieve it, a set of seven procedures in 15 steps was employed. The Delphi method, Kendall rank correlation coefficient, questionnaires, and descriptive statistics were also used. Ten competencies were determined with all of them having three to ten indicators. Entrepreneurs who were running a business in the grocery store sector in the city of Ambato, and the ones who weren´t any more, were tested for the competencies. The entrepreneurial competency index was calculated. Finally, factors in business success and failure were examined.

Palabras clave : personal competencies; business creation; entrepreneur; entrepreneurial competency index..