Structural Relationship Model of Organizational Dynamic Capabilities, Organizational Creativity, Organizational Innovativeness and Business Excellence : An Empirical Investigation from Information and Communication Technology Business in Thailand
Keywords:
Organizational Dynamic Capabilities, Stock Return Vola, Organizational Innovativeness, Business ExcellenceAbstract
The objectives of this study were to: (1) develop a causal relationship model of organizational
dynamic capabilities, organizational creativity, organizational innovativeness, and business excellence from
information and communication technology business in Thailand; and (2) study a causal relationship among
organizational dynamic capabilities, organizational creativity, organizational innovativeness and business
excellence from information and communication technology business. The 340 top management level,
who have been received authorization from 340 Information and communication technology businesses sectors
and certified by Department of Business Development, were respondents. However, only 175 respondents
were returned in total. The data were analyzed by using percentages, mean, standard deviation,
Pearson correlation coefficient, factor analysis, and path analysis were used to find out the causal relationship
with structural equation models (SEM). The research results were found as follows; 1) Organizational
dynamic capabilities had a positive influence on organizational creativity. Organizational dynamic capabilities
had a positive influence on organizational innovativeness. Organizational creativity had a positive influence
on organizational innovativeness. Organizational creativity had a positive influence on business excellence.
Likewise, organizational innovativeness had a positive influence on business excellence with a statistical
significance at .01; 2) A causal relationship of organizational dynamic capabilities, organizational creativity,
organizational innovativeness, and business excellence: : An empirical investigation from information and
communication technology business in Thailand indicated that this model was consistent with the empirical
data statistical value of χ2/df = 1.095, df = 80, p-value = 0.262, GFI = 0.944, CFI = 0.996, AGFI = 0.904,
RMSEA = 0.023. The result of this study will be the guidelines for driving managerial policy as well as practical
skill development in terms of organizational dynamic capabilities, organizational creativity, organizational
Innovativeness and business excellence in the information and communication technology business in Thailand.
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