| Cognitive competencies |
| Knowledge | Mental models | (Kraiger, et al., 1993) | Knowledge on how to do things without resources, risk models or probability |
| Declarative knowledge | (Kraiger, et al., 1993) | Basic concepts of entrepreneurship, value creation, generation of ideas, opportunities, accounting, finance, technology, marketing, risk, etc |
| Self-knowledge | (Kraiger, et al., 1993) | Knowledge of the personal adjustment between being an entrepreneur and being a business person |
| Skills | Marketing skills | (Fisher, et al., 2008) | Conducting market studies, market evaluation, marketing of products and services, persuasion, getting people excited about their ideas, dealing with customers and communicating a vision |
| Resource skills | (Fisher, et al., 2008) | Creating a business plan, creating a financial plan, obtaining financing and ensuring access to resources |
| Opportunity skills | (Fisher, et al., 2008) | Recognizing and acting on business opportunities, and other types of opportunities, product/service/concept development skills |
| Interpersonal skills | (Fisher, et al., 2008) | Leadership, motivating others, managing people, listening, solving conflicts and socializing |
| Learning skills | (Fisher, et al., 2008) | Active learning, adaptation to new situations and facing uncertainty |
| Strategy skills | (Fisher, et al., 2008) | Establishing priorities (set goals) and focusing on those goals, defining a vision, developing a strategy and identifying strategic partners |
| Non-cognitive competencies |
| Attitudes | Entrepreneurial passion | (Fisher, et al., 2008) | “I want.” A need for achievement |
| Self-efficacy | (Fisher, et al., 2008) | “I can.” A belief in the capacity to perform certain tasks successfully |
| Entrepreneurial identity | (Krueger, 2005; Krueger, 2007) | “I am/I value.” Deep beliefs, identity of roles and values |
| Proactivity | (Sánchez, 2011; Murnieks, 2007) | “I do.” Action-based, initiator and proactive |
| Tolerance to ambiguity and uncertainty | (Sánchez, 2011; Murnieks, 2007) | “I dare.” Being comfortable with uncertainty and ambiguity, adaptive and open to surprises |
| Innovation | (Krueger, 2005; Murnieks, 2007) | “I believe.” New thoughts/actions, unpredictable, radical change, innovator, visionary, creative and breaks the rules |
| Perseverance | (Markman et al., 2005; Cotton, 1991) | “I will win.” Capacity to overcome adverse circumstances |