Study reveals that successful energy entrepreneurs share five key competencies.
Analysing 800 entrepreneur profiles collected by its proprietary team assessment tool, E2Talent®, EIT InnoEnergy’s research indicates sustainable energy entrepreneurs score highly in five key characteristics: achievement orientation, impact and influence, risk-taking propensity, internal locus of control and team work.
The research revealed that there are no significant differences between the scores of male and female sustainable energy entrepreneurs. Notably, females scored higher than males on transformational leadership, although feel less confident than their male counterparts when grading themselves on entrepreneurial self-efficacy. Females were also found to be more confident than males in management skills, but less confident in financial skills.
The research considered locational differences with profiles analysed from nine countries in total. While the research revealed very minor differences in competencies by region, entrepreneurs had very similar profiles in which strengths and weaknesses were shared across the five different areas studied.