Integrating network relationships with entrenched resources, can lead to the development of organizational ability for achieving long-range business sustainability. Internal and external knowledge processes are a characteristic of organizational capabilities.

Building organizational capability is reliant on the qualities of networks, tacit knowledge, collective learning, and organization of work, delivery of value, coordination of diverse skills, commitment, involvement, and flexibility within organizational structures. Similarly, firm value formation helps to build organizational competence via product, service, or organizational modernization. Therefore, in order to maintain business for the long-range, promising entrepreneurs need to develop suitable network strategies for managing entrenched resources, which should be directed to knowledge attainment and firm value formation (Latip & Smyrnios, 2012).

The entrepreneurial personality is characterised by a self enthusiasm that makes conquering risks promising and is driven by new business occasions. Achievement motivation, risk-taking and internal locus of control are all characteristics that are seen as valuable...
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