| Competencies | Models |
| Identify, define, test (validate), and exploit opportunities (e.g., through trends or cultural, social, and economic conditions, personal resources) | EU, Nordic, Danish, UK, USA | Gain understanding of economic and financial concepts and apply it to assess the financial health of initiatives | EU, Nordic, Danish, UK, USA | Ability to communicate effectively: constructive discussions; making stakeholders take responsibility, etc.; ability to use plan as a relationship management instrument | EU, Nordic, Danish, UK, USA | Take action and encourage others to do the same | EU, Nordic, Danish, UK, USA | Plan and organize: develop, execute, and stick to a project management plan | EU, Nordic, Danish, UK, USA | Work together with others (by independently contributing to a vision); managing interdependency | EU, Nordic, Danish, UK, USA | Expand your network effectively and meaningfully; can see all activities in terms of networks of know-how | EU, Nordic, Danish, UK, USA | Be flexible and adapt to changes: use results of monitoring to adjust the vision, aims, priorities, and activities; communicate effectively regarding reasons for changes and adjustments; willingness to change in relation to existing perceptions and habits | EU, Nordic, Danish, UK, USA | Manage risk: use strategies to reduce risks | EU, Nordic, Danish, UK, USA | Accept and support diversity in a team or organization; assess significance of own and others’ cultural background and values | EU, Nordic, Danish, UK, USA | Develop sustainable business plans; describe business models, markets, and market conditions simply; can develop and defend a business plan and scale | EU, Nordic, Danish, UK, USA | Identify personal strengths and weaknesses (personal resources), help others to identify theirs; design personal and team development plans to overcome weaknesses and develop strengths | EU, Nordic, Danish, UK, USA | Develop effective time management for yourself (and the team) | EU, Nordic, Danish, UK, USA | Design value-creating processes | EU, Nordic, Danish, UK, USA | Learn from experience: ability to learn from monitoring and evaluating processes and to apply this to the organization’s learning processes | EU, Nordic, Danish, UK, USA | Using creativity in all phases of the project (ideation, planning, and executing); structure idea generation processes and use different forms of idea generation; illustrate subject knowledge and creativity through sketches, models, and prototypes | EU, Nordic, Danish, UK, USA | Ability to see and act strategically according to the bigger picture (vision) | EU, Nordic, Danish, UK, USA | Awareness of societal structures, components, problems, and opportunities; understand cultural, social, and economic conditions in an international and global context; understand sources of complexity and uncertainty in a global context | EU, Nordic, Danish, UK, USA | Present results and projects to a specific target group; knowledge of presentation forms and tools; ability to defend a business plan and scale | EU, Nordic, Danish, UK, USA | Ability to manage resources (material and nonmaterial): identify needed resources and allocate them efficiently to achieve goals | EU, Nordic, Danish, UK | Analyze the context of opportunities | EU, Nordic, Danish, USA | Ability to create a budget for value-creating activities | EU, Nordic, Danish, USA | Take responsibility in value-creating activities and seizing opportunities | EU, Nordic, Danish, USA | Cope with uncertainty and ambiguity | EU, Nordic, Danish, UK | Assess and evaluate risk | EU, Nordic, Danish, USA | Work independently, helping others to do the same; praise the initiative of others; autonomy | EU, Nordic, Danish, UK | Define goals and design a strategy to achieve the goals | EU, Nordic, Danish, USA | Team up: ability to encourage people to work together and build an organization | EU, Nordic, Danish, USA | Use media effectively: define a communication strategy and improve support for the vision | EU, Nordic, Danish, USA | Define priorities | EU, Nordic, Danish, USA | Monitor your progress: develop performance indicators and create a data collection plan; analyze/evaluate own and others’ activities using relevant criteria | EU, Nordic, Danish, USA | Awareness of globalization and consequences | EU, Nordic, Danish, USA | Maintain focus on interrupted tasks and projects over a long period; work persistently | EU, Nordic, Danish, UK | Believe in your ability to make things happen (efficacy) and learn from failures | EU, Nordic, Danish, UK | Awareness of working life and career opportunities; can relate to entrepreneurial world regarding a wide range of different social and employment contexts; understand relevance of entrepreneurial behaviors to a wide range of self-employment, employment, and social contexts; having role models relevant to field of study and context; can compare and contrast with expectations of employment career | EU, Nordic, UK, USA | Stay driven | EU, Nordic, UK, USA | Be determined and motivated (using all outcomes as temporary solutions) to achieve goals | EU, Nordic, UK, USA | Be accountable (responsible to all stakeholders) | EU, Nordic, UK, USA | Ability to find and manage funding; can identify financing needs and know where to go for resources | EU, Danish, UK, USA | Understand taxation and make smart decisions accordingly | EU, Danish, UK, USA | Develop emotional intelligence and emotional awareness; can apply all key aspects of emotional intelligence | EU, Danish, UK, USA | Respecting and promoting ethical and sustainable behavior; analyze and evaluate ethical issues in relation to personal, scientific, and global phenomena | EU, Danish, USA | Be resilient and assured that an individual/organization can make difficult decisions and deal with failure | EU, Nordic, UK | Ability to get support from outside the organization (information, know-how); understand sources of assistance and professional advice fully, including how to use them | EU, UK, USA | Listen actively to and understand end users from a wide range of resources | EU, UK, USA | Work using (academic) problem solving | EU, Nordic, USA | Ability to reflect on your own and help others to reflect on their achievements and temporary failures in order to develop | EU, Nordic, Danish | Use sensory concepts and creativity in relation to academic knowledge | EU, Nordic, Danish | Awareness of imagination and creativity in society; theories and concepts in innovation and entrepreneurship | EU, Nordic, Danish | Experiment with knowledge and academic subjects; experiment and improvise with subject knowledge and personal experiences | EU, Nordic, Danish | Knowledge of different types of projects, management, and leadership; having capacity for entrepreneurial leadership | EU, Danish, UK | Analyze and evaluate relationships between research-based knowledge and possible business models; understand the opportunities for using knowledge gained in higher education in a new venture context | EU, Danish, UK | Knowledge of methods to develop personal and professional academic resources; build know-how | EU, Danish, UK | Selling (knowing that income comes from selling) | EU, UK, USA | Owning development | EU, UK, USA | Can see product/service as a set of benefits to the customer | EU, UK, USA | Can apply entrepreneurial competencies to the stages of business growth | EU, UK, USA | Can relate entrepreneurial competencies to the design of entrepreneurial organizations of different scales and contexts (public and private) | EU, UK, USA | Can develop a product/service concept | EU, UK, USA | Can find, approach, and sustain good customers | EU, UK, USA | Can appraise and learn from competition | EU, UK, USA | Can cost and apply price | EU, UK, USA | Can anticipate major business development and survival problems | EU, UK, USA | Can deal with all of the statutory and regulatory aspects of self-employment | EU, UK, USA | Can effectively use IT and the Internet in general in pursuit of building a business; having strong international web-based management capacity | EU, UK, USA | Can describe and compare cultures | Nordic, USA | Translate needs, wants, and interests into goals, and help others to reflect on theirs (following aspirations) | EU, UK | Protecting ideas, including intellectual property rights, describe strategies for how to do it | EU, USA | Ability to use proper strategies to keep up individual and team’s motivation | EU, USA | Assessing impact (choose right indicators, monitor, analyze, and reiterate) | EU, USA |
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