Entrepreneurial Competencies of Professionally Practicing Nurses: Basis for a Framework

Emmanuel D. Aragones Jr.; Ma. Xenia Z. Bitera

doi:10.36948/ijfmr.2023.v05i04.4781

Entrepreneurial Competencies of Professionally Practicing Nurses: Basis for a Framework

Author(s)	Emmanuel D. Aragones Jr., Ma. Xenia Z. Bitera
Country	Philippines
Abstract	Nurse entrepreneurship includes starting and running a business with the abilities needed to make a profit, and it provides a realistic and innovative method for professional nursing practice. However, because nurse entrepreneurs lack experience, business knowledge, and competencies, they require entrepreneurial education in the relevant field to develop the necessary capabilities. There is a need to develop a framework for nurses' entrepreneurial abilities to decide which of these qualities will motivate nurses. The goal of this research was to identify the various competencies required as a nurse entrepreneur, identify methods to develop these nursing entrepreneurial competencies, determine how to incorporate these competencies in the curriculum, identify other preparations needed to venture in entrepreneurship while working as a nurse, and a framework that will be used to address these skills in professional practice. This embedded mixed method study acquired the perspective of twenty-five active nurse entrepreneurs to determine their skills and business methods while maintaining their professional nursing practice. The interview guide questions were answered by a total of nine people. A qualitative analysis provided a better explanation of nurses’ entrepreneurial competencies The researchers used snowball sampling in this study due to the small number of individuals who were both professionally practicing nurses and operating their own businesses. Motivation and perseverance, goal oriented, visionary, ability to learn, and need for entrepreneurship knowledge are the most vital competencies to enhance the entrepreneurial qualities of nurses. The findings of this study can serve as the foundation of a framework to delineate the entrepreneurial competencies of nurses. These findings are also useful in establishing a start-up curriculum in nursing schools to help aspiring nurse entrepreneurs. Lastly, a Professionally Practicing Nurse Entrepreneurial Competencies Framework was developed.
Keywords	entrepreneurship competencies framework, nurse entrepreneurs, professionally practicing nurse entrepreneurs
Field	Sociology > Health
Published In	Volume 5, Issue 4, July-August 2023
Published On	2023-07-29
Cite This	Entrepreneurial Competencies of Professionally Practicing Nurses: Basis for a Framework - Emmanuel D. Aragones Jr., Ma. Xenia Z. Bitera - IJFMR Volume 5, Issue 4, July-August 2023. DOI 10.36948/ijfmr.2023.v05i04.4781
DOI	https://doi.org/10.36948/ijfmr.2023.v05i04.4781
Short DOI	https://doi.org/gsjjp9

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Entrepreneurial Competencies of Professionally Practicing Nurses: Basis for a Framework

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