Capability Building and Development in Socio-Intercultural Entrepreneurship

Capability Building and Development in Socio-Intercultural Entrepreneurship

DOI: 10.4018/978-1-6684-6055-9.ch003
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Abstract

This study aims to analyze the socio-intercultural entrepreneurship as a capability building and development. The analysis departs from the assumption that entrepreneurship is a cultural embedded concept, although the intercultural category used in entrepreneurial studies has not been founded full conceptual, theoretical, and empirical support. Based on this existing research gap that this analysis reviews, the literature to address the main issues of the socio-intercultural entrepreneurship focusing in the capability building and development to conclude that it is more situational context and environment oriented. The methodology used are the exploratory and analytical tools. Socio-intercultural entrepreneurship competence is highly related to be situational context and environment-dependent on awareness and understanding of cultural differences.
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Relevance Of The Study

Global and international organizations, companies, firms, and people working across diverse cultures require to overcome cultural bias and preconceptions by promoting socio socio-intercultural entrepreneurial management that is adaptable and open minded to new situational contexts and environments, situations and individuals, to live, work, communicate and learn together. Dissimilar cultures around the shrinking world are influencing each other and leading to sources of synergies but also of conflicts which require the implementation of a socio-intercultural entrepreneurial capabilities, competences, and skills.

Socio-intercultural entrepreneurial competence in a borderless world becomes crucial for the diversity in global business projects and ventures, which requires to develop competencies and skills to interact socio-interculturality and understand the diverse cultural backgrounds of individuals. However, socio socio-intercultural entrepreneurship is beyond sociocultural diversity initiatives.

Socio-intercultural entrepreneurial practices facilitate the understanding and use of cultural backgrounds of individuals to achieve innovation and creativity in decision making as the ultimate competitive advantage in any type of situational context and environment. The socio socio-intercultural entrepreneurial practices at the workplace aims at building its policies and individual identity based on the recognition that socio cultural diversity is the source and resource for economic growth, social development, and environmental sustainability.

The continuous transformation of organizations leads to motivational processes of individuals who have initiative and develop creative attitudes to create and innovate based on technological advances. The strong achievement motivation of entrepreneurs contributes to explain they commitment for entrepreneurship.

Key Terms in this Chapter

Capability Building: Process of developing and reinforcing the skills, instincts, aptitudes, processes, and resources that organizations and communities require to survive, adapt, and excel in a rapidly changing world.

Entrepreneurial Profile: The traits and personal characteristics of an entrepreneur considered as a person who detects a business opportunity and who organizes several resources to be able to operate one or more companies, assuming certain economic risks.

Entrepreneurship: Starting an activity that requires effort or work, or has some importance or scope.

Socio-Intercultural: it is an event that notices the intimate relationship between nature, society, and culture. The deep relationship between man and nature is observable evidence that turns the human effort to adapt into a cultural work.

Development: Action and effect of developing or developing.

Interculturality: It refers to the presence and equitable interaction of diverse cultures and the possibility of generating shared cultural expressions,

Intercultural: From different cultures or related to them.

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