CASUAL FACTORS AFFECTING TO MARKET READINESS ASSESSMENT AND BUSINESS PERFORMANCE OF SMALL AND MEDIUM ENTERPRISES (SMEs) IN THAILAND
Main Article Content
Abstract
The objectives of this research were to (1) study factors of Market Readiness Assessment on Business Performance of Thailand’s Small and Middle-Sized Enterprises (SMEs) (2) to examine factors on Market Readiness Assessment of Thailand’s SMEs entrepreneurs (3) to build up models of SMEs entrepreneurs’ Market Readiness Assessment. The research was a mix methods research in form of an explanatory research. Concepts and theories were reviewed to define conceptual framework and create questionnaires as a research instrument for data collection. Date was collected from Five hundred and four persons of sampling group including SMEs in the manufacturing sector in Bangkok. Five variables, including Market Readiness Assessment, Innovation, Organization Supportiveness, Information Technology and Business Performance were studied. Research instruments were questionnaire and data analysis by LISREL program as statistical technique of Structural Modeling: SEM. Findings from quantitative research were summarized as statistical model and in-depth interview to affirm the findings.
According to the findings, Innovation gave direct impact on Market Readiness Assessment and Business Performance. Organization Supportiveness had a direct influence in Market Readiness Assessment and Business Performance. Information Technology gave direct impact on Market Readiness Assessment and Business Performance. Market Readiness Assessment gave direct impact on Business Performance which was an influence with positive meaning.
Article Details
The owner of the article does not copy or violate any of its copyright. If any copyright infringement occurs or prosecution, in any case, the Editorial Board is not involved in all the rights to the owner of the article to be performed.
References
สุภมาส อังศุโชติ, สมถวิล วิจิตรวรรณา และรัชนีกูล ภิญโญภานุวัฒน์. (2554). สถิติวิเคราะห์สำหรับการ
วิจัยทางสังคมศาสตร์และพฤติกรรมศาสตร์ : เทคนิคการใช้โปรแกรม LISREL.กรุงเทพฯ : เจริญดี
มั่นคงการพิมพ์.
Amabile TM (1997). Motivating creativity in organizations: on doing what you love and loving what you do. Calif Manag Rev 40:39–58
Asio, S. M., & Khorasani, S. T. (2015) . Social Media: A Platform for Innovation. IIE Annual Conference. Proceedings, 1496-1503.
Bailey, S. M. (2015) . Information technology service management frameworks: A study of it processes and their relationship to the Information Technology Infrastructure Library (ITIL) . (3718616 Ph.D.) , Capella University
Beckmann, R., Eppendorfer, C., & Neimke, M. (2002) . Market Access Strategies in the EU Banking Sector - Obstacles and Benefits towards an integrated European Retail Market. St. Louis: Federal Reserve Bank of St Louis.
Bek et al., (2013). Perspectives of SME innovation clusters development in Russia. Journal of
Business & Industrial Marketing.
Burns, K. L. (2016) . Perceived organizational support and perceived supervisor support as antecedents of work engagement. (10128507 M.S.) , San Jose State University
Cheungsuvadee, K. (2006). Business adaptation strategies used by small and medium retailers in an increasingly competitve environment: a study of Ubon Ratchathani, Thailand. Retrieved from http://ro.ecu.edu.au/theses/57
Coltman, T., Tallon, P., Sharma, R., & Queiroz, M. (2015) . Strategic IT alignment: twenty-five years on. Journal of Information Technology, 30(2) , 91-100.
Han, M. C., & Kim, Y. (2016) . Can Social Networking Sites Be E-commerce Platforms? Pan - Pacific Journal of Business Research, 7(1) , 24-39.
Hao, Z., & Yunlong, D. (2014) . Research on the relationship of institutional innovation, organizational learning and synergistic effect: An empirical study of chineses university spin-offs. Journal of Industrial Engineering and Management, 7(3) , 645-659. doi: http://dx.doi.org/10.3926/jiem.950
Jommi, C., Otto, M., Armeni, P., & De Luca, C. (2012) . Market access management by pharmaceutical companies in a complex environment: The Italian case study. Journal of Medical Marketing, 12(2) , 93-103. doi: http://dx.doi.org/10.1177/1745790412440704
Lee, S., Park, J.-G., & Lee, J. (2015) . Explaining knowledge sharing with social capital theory in information systems development projects. Industrial Management & Data Systems, 115(5) , 883-900.
Neil, Kristina & Jing (2014). Innovation and Creativity in Organizations: A State-of-the-Science Review, Prospective Commentary, and Guiding Framework. Volume: 40 issue: 5, page(s): 1297-1333
Newby, M., H. Nguyen, T., & S. Waring, T. (2014) . Understanding customer relationship management technology adoption in small and medium-sized enterprises. Journal of Enterprise Information Management, 27(5) , 541-560.
Pastor, I. M. P., Santana, M. P. P., & Sierra, C. M. (2010) . Managing knowledge through human resource practices: empirical examination on the Spanish automotive industry. The International Journal of Human Resource Management, 21(13) , 2452.
Quintile. (2016) . Creating better global market access strategies. Retrieved 1 August 2016, from www.quintiles.com/-/media/.../creating-better-global-market-access-strategies.pdf?la=e
Rosli (2013). The Impact of Innovation on Performance of Small and Medium Enterprises (SMEs) in
Tanzania: A Review of Empirical Evidence. Relationship between Innovation and Performance of SME in Malaysia. International Business and Management, 21(6), 563-576.
Salleh, H., Alshawi, M., Sabli, N. A. M., Zolkafli, U. K., & Judi, S. S. (2011) . Measuring readiness for successful information technology/information system (IT/IS) project implementation: A conceptual model. African Journal of Business Management, 5(23) , 9770-9778. doi: http://dx.doi.org/10.5897/AJBM10.514
Sanja & Theresa (2013). Developing an Organizational Culture Supportive of Business Process Management.Sanja Tumbas, University of Münster, The Münster School of Business and Economics, Münster, Germany. Wirtschaftsinformatik Proceedings 2013. 115.
https://aisel.aisnet.org/wi2013/115
Saunila, M. (2016) . Performance measurement approach for innovation capability in SMEs. International Journal of Productivity and Performance Management, 65(2) , 162-176.
Shanker, R., & Bhanugopan, R. (2014, 2014) . Relationship between Organizational Climate for
Innovation and Innovative Work Behavior in Government-linked Companies, Singapore.
Taherparvar, N., Esmaeilpour, R., & Dostar, M. (2014) . Customer knowledge management,
innovation capability and business performance: a case study of the banking industry. Journal of Knowledge Management, 18(3) , 591.
Weber, M. M. (1990) . The effect of information technology on retail logistics. (9105235 Ph.D.) , The
Ohio State University, Ann Arbor. Retrieved from http://search.proquest.com/docview/303886291?accountid=28710 ProQuest Dissertations & Theses Global database.