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When generalizing the research results it should be admitted that the importance of
professional and general competencies is equivalent to entrepreneurial competencies. In
the group of professional competencies the activity-decision making (A) and professional -
methodological (F) competencies are evenly distributed; in these competence groups two
competencies are discerned. In the group of general competencies the dominant one is
social - communicative competence (S) - three competencies of four were discerned.
However, personal competencies in the list of essential entrepreneurial competencies were
of least significance.
Conclusions
1. The subject of scientific literature and the diversity of the EU and Lithuanian legal
documents emphasizing the importance of entrepreneurship development prove the
significance and relevance of entrepreneurship development.
2. According to the data of the Global Entrepreneurship Monitor (GEM) “The average
entrepreneur in Lithuania has a strong fear of failure (45 percent) and the entrepreneurs
are slightly less positive about the opportunities available to do business (32 percent).
3. The survey data obtained from the heads of small and medium - sized enterprises
working in international markets emphasizes the fact that the significance of
professional (activity and decision making: Ability to make decisions, Acting with the
result in mind) and general (social-communicative: ability to communicate, ability to
solve conflict, to work in team) competencies in international business is of the same
value.
4. Higher schools responsible for training international business specialists should heed on
the development of these competencies. This would allow them to train specialists that
meet the needs of employers and contemporary labour market demands.
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