Entrepreneurial skills are defined as two kinds of competency: that of creating value and that of enabling contingency. The ability to create good customer relationships, competency to master the technology and competency to develop products or services, as well as production and logistical competences, belong to value creative competences. The competency to direct and steer business operations, the competency to develop personnel and the competency to master knowledge are all competencies which enable contingency.
Source: IECER 2007, Europe