The Study of Entrepreneurial Leadership Characteristics and Creative Innovation Factors Affecting Competitive Advantage of Small and Medium Enterprises in Kanchanaburi
Keywords:
entrepreneurial leadership characteristics, creative innovation, competitive advantageAbstract
The objectives of this research are to study the effectiveness of entrepreneurial leadership characteristics and creative Innovation factors affecting competitive advantage of small and medium enterprises (SMEs) in Kanchanaburi and to study the harmony of a model of entrepreneurial leadership characteristics and creative Innovation factors affecting competitive advantage of SMEs in Kanchanaburi. This research used survey research by collecting data from a questionnaire. The questionnaire is developed from a literature review and related research; to collect data from 450 (sample size) entrepreneurs in Kanchanaburi using judgmental sampling. The quantitative data is statistically analyzed, by using: percentage, arithmetic mean, standard deviation, the relationships between the independent variables, Pearson’s correlation, and structural equation modeling (SEM). The study reveals that the model, which is improved and developed by the researcher, is harmonized with the empirical data with Chi-square = 22.456, df = 20, Chi-square/df = 1.123, P-value = 0.316, GFI = 0.990, NFI = 0.993, CFI = 0.999, RMSEA = 0.017 and RMR = 0.004. In addition, entrepreneurial leadership characteristics has a positive direct effect on the competitive advantage of SMEs in Kanchanaburi and has a positive indirect effect on the competitive advantage of SMEs in Kanchanaburi passing through the creative innovation factors. This research can be applied in planning entrepreneur development to provide knowledge, ability, and potential according to the needs and changes in the future.
References
Altuntas, G. (2010). Girisimcilik ve Stratejik Yonetim Iliskisi: Bir Stratejik Girisimcilik Modeli ve IMKB Ulusal 100 Endeksinde Islem Goren Isletmeler Uzerinde Testi. Istanbul: Istanbul Universitesi Sosyal Bilimler Enstitusu, Doktora Tezi.
Asst. Prof. Nikom, T. (2007). Questionnaire Quality Inspection. Khon Kaen: Department of Biostatistics and Demography, Faculty of public health, Khon Kaen University.
Amabile, T. M. (1998). “How to Kill Creativity.” Harvard Business Review. Boston: Harvard Business School Press.
Boonthawan, W. (2013). Being entrepreneur of globalization. Bangkok: Chulalongkorn University.
Chanthima, P., Jakret, M., & Wannida, S. (2016). Effects of Modern Entrepreneurial Capability and Marketing Innovation on Competitive Advantage of Community Enterprises Processing Agricultural Products in Upper Northeast. Suranaree Journal of Social Science, 79-96.
Dr.Suphakorn, s. (2020). How are you living in the VUCA world? Bangkok: Bangkok Biz News.
Dr.Wichai, w., & Assoc. Prof. Marut, p. (2019). Innovation Skills Development. Bangkok: Center for Innovation Leaders in Curriculum and Learning.
Cronbach, L. J. (1970). Essential of Psychological Test. 5th ed.. New York: Harper Collins.
Dessler, G. (1998). Management: Leading People and Organizations in the 21st ed.. New Jersey: PrenticeHall International.
Esmer, Y., & Dayi, F. (2017). Entrepreneurial Leadership: A Theoretical Framework. Mehmet Akif Ersoy Universitesi Iktisadi ve Idari Bilimler Fakultesi Dergisi, 112-124.
Greenberg, J., & Baron, R. A. (2003). Behavior in Organizations: Under Stanadingand Managing the Human Side of Work. 8th ed.. Englewood Cliffs, New Jersey: Prentice Hall.
Hair, J., Black, W., Babin, B., & Anderson, R. (2010). Multivariate Data Analysis. (7th ed.). Upper saddle Reiver New Jersey: Person Education Internation.
Hinkle, D., William, W., & Stephen, G. (1998). Applied Statistics for the Behavior Sciences. 4th ed.. New York: Houghton Mifflin.
Hisrich, R., Peters, M., & Shepherd, D. (2008). Entrepreneurship. 7th Edition. Boston: McGraw-Hill International Edition.
Jaruwan, M., & Prasopchai, P. (2019). Creative Innovation in the Work Process Affecting the Performance Effectiveness of Employees at Convenience Stores in the Bangkok Metropolitan Area. Journal of Economics and Management Strategy, 73-88.
Kline, R. B. (2013). Exploratory and confirmatoryfactor analysis. In Applied Quantitative Analysis in the Social Sciences (pp. 171-207). New York: Routledge: Y. Petscher & C. Schatsschneider (Eds.).
Labor office in Kanchanaburi. (2021). Labor Situation Report for the First Quarter of 2021. Kanchanaburi: Labor office in Kanchanaburi.
Magazine, B. O. (2020). Thai Economy in a Transformative World. Thailand: Bank of Thailand.
Office of Small and Medium Enterprise. (2019). Determine the Characteristics of Small and Medium Enterprises. Bangkok: Office of Small and Medium Enterprise Promotion.
Office of Small and Medium Enterprises. (2021, July 30). Dashboard SME Big Data. Retrieved from Situation and Knowledge: https://www.sme.go.th/
Pensuk, K., Woraluck, L., S. T., & Korkaew, J. (2018). Competitive Advantage of SMEs in Thailand 4.0. Humanities and Social Sciences Mahasarakham University, 245-256.
Porter, M. E. (1980). Competitive Strategy. New York: Free Press.
Porter, M. E. (1990). The Competitive Advantage of Nations. New York: Free Press.
Rovinelli, R., & Hambleton, R. (1977). On th use of content specialists in the assessmen of criterionreferenced test item validity. Dutch Journal of Education Research, 49-60.
Sombat, N. (2019). Innovation and Management. The Journa of Research and Academics, 121-134.
Somnuk, A., Dr.Pakpachong, V., Dr.Achara, C., & Dr.Pracob, C. (2010). Innovation: Meaning, Types and Importance of Entrepreneurship. Journal of Business Administation of Thammasat University, 46-65.
Sookyuen, T., & Watcharapoj, S. (2020). New Normal Management Strategy for Organizations. Bangkok: Corporate Strategy and Competitiveness Center King Mongkut’s University of Technology Thonburi.
Sookyuen, T. (2020). Crisis Leadership. Bangkok: Corporate Strategy and Competitiveness Center King Mongkut’s University of Technology Thonburi.
Stephen R., C. (1991). Principle-Centered Leadership. New York: Kindle Edition.
Stephen Spinelli, J., & Robert J. Adams, J. (2016). New Venturre Creation Entrepreneurship for the 21st Century. New York: McGraw-Hill Education.
Thanaphongphan, T. (2020). Digital Transformation in Action. Bangkok: Wish Publisher (Two Three Perspective Company Limited).
Timmons, J. (1990). New Venture Creation: Entrepreneurship for the 21st century. Boston: Irwin McGrawHill.
Voradit, T., & Vichit, U.-o. (2019). The Model of Competitive Advantage for Small Hotel in Thailand.
Warren, B. (1989). On Becoming a Leader. New York: Addison-Wesley, pp. 266.
Wasutida, N., & Prasopchai, P. (2018). Factors Affecting the Competitive Advantage of Service Business Entrepreneurs in Bangkok. Veridian E-Journal Silpakorn University, 2148-2167.
Watcharapoj, S., & Preeyakamon, A. (2020). The Development of Innovation in Manufacturing Industry to Enhance Enterprise Competitiveness. Journal of Administrative and Management Innovation of Rajamangala University of Technology Rattanakosin, 89-100.
Yilmaz, H., & Gormus, A. S. (2012). Stratejik Girisimciligin, Algilanan Orgutsel Destek ve Orgutsel Ogrenme Uzerine Etkilerinin Arastirilmasi: Tekstil Sektorunde Ampirik Bir Calisma. Journal of Yasar University, 26(7), 4483-4504
Young Entrepreneur Council. (2013, 01 18). 12 Essential Traits of Successful Start-up Leaders. Retrieved from Inc.: https://www.inc.com/young-entrepreneur-council/12-traits-of-successful-start-up-leaders.html
Yuth, k. (2013). Structural Equation Model Analysis with AMOS. Bangkok: Chulalongkorn University Press.
Zijlstra, P. (2014). When is Entrepreneurial Leadership Most Effective? Enschede, Netherlands: Master Thesis, University of Twente, Management and Governance, Twente.
Downloads
Published
How to Cite
Issue
Section
License
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
