We review the role of entrepreneurial skills in the development of India and extend it to explain the economic and entrepreneurial performance of organizations, teams and individuals. Drawing on entrepreneurship and skill set research, we demonstrate that researchers at different levels of analysis are actually modeling the same underlying concept: entrepreneurial skills. We identify elements of entrepreneurial capital at levels and throughout. Where gaps occur, we suggest new directions for research, public policy, and management practices that focus on organizational, interpersonal, and personal factors that promote entrepreneurial action at the regional, organizational, team, and individual levels.

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Keywords: Entrepreneurship, Skills, Personality Traits.