Performance, self-regulation, and competencies of entrepreneurs in Brazilian creative industries1

Abstract

The prediction of entrepreneurial competencies on the perception of business performance by creative industries professionals was tested. Performance was measured based on the entrepreneurs' perception concerning their satisfaction with the enterprise performance indicators (e.g., profitability) and their social relationships and career (e.g., the image of the enterprise and personal career advancement). Mediation of self-regulation was also tested. Participants were 295 professionals from the Brazilian creative industries. Data were analyzed using both the factor analysis and multivariate multiple linear regression. Strategy and Planning competencies were predictors of performance perception, regarding enterprise performance indicators (R2FR = 0.20) and social relationship and career (R2FR = 0.24). The self-monitoring dimension of self-regulation showed partial mediation (0.09 and 0.10, respectively, p<0.001). Entrepreneurs from the music industry had significantly higher scores. Practical implications of these results are discussed.