| Title | The Characteristics of Entrepreneurs with Successful and Sustainable Small Businesses in Northeastern Thailand |
|---|---|
| ID_Doc | 34258 |
| Authors | Amornpinyo, N |
| Title | The Characteristics of Entrepreneurs with Successful and Sustainable Small Businesses in Northeastern Thailand |
| Year | 2018 |
| Published | Pertanika Journal Of Social Science And Humanities, 26, 1 |
| Abstract | This paper focusses on the characteristics of entrepreneurs with successful and sustainable small businesses in Northeastern Thailand. It presents a new model and components. This study aims: (1) To investigate the characteristics of entrepreneurs with successful and sustainable business; (2) To study the factors influencing success and sustainability; and (3) To develop a model based on these factors. Both quantitative and qualitative methods are implemented. The former makes use of in-depth interviews in which the collected data are analysed using content analysis. The results show that the characteristics of entrepreneurs who enjoyed sustainable success in operating small businesses could be categorised under six dimensions: a business spirit, proactiveness, competitive advantage, sustainability, human capital and firm performance. These factors had 12 components, namely, business orientation, business intelligence, environmental learning, corporate social responsibility, flexibility, technological speed, production capability, innovativeness, opportunity competency, inter-functional coordination, work effort and firm performance. Quantitative data are gathered using a questionnaire measuring these 12 components. It was administered to 391 small business entrepreneurs. The data are analysed using the LISREL Programme to develop a model. The results of the model show a good fit with a chi-square value of 10.45, p value of 0.98, goodness-of-fit index (GFI) of 1.00, Tucker-Lewis index (TLI) of 1.00, comparative fit index (CFI) of 1.00, standard root mean square (SRMR) of 0.01 and a root mean-square error of approximation (RMSEA) less than 0.01. The findings are discussed. Based on the characteristics of entrepreneurs with successful and sustainable small businesses, the results are a valid measure within a Thai context. |
Similar Articles
| ID | Score | Article |
|---|---|---|
74189
|
Imran, T; Ahmed, RR; Streimikiene, D; Soomro, RH; Parmar, V; Vveinhardt, J Assessment of Entrepreneurial Traits and Small-Firm Performance with Entrepreneurial Orientation as a Mediating Factor(2019)Sustainability, 11, 19 | |
| 65904
|
Suriyankietkaew, S Effects of key leadership determinants on business sustainability in entrepreneurial enterprises(2023)Journal Of Entrepreneurship In Emerging Economies, 15.0, 5 | |
| 69952
|
Hooi, HC; Ahmad, NH; Amran, A; Rahman, SA The functional role of entrepreneurial orientation and entrepreneurial bricolage in ensuring sustainable entrepreneurship(2016)Management Research Review, 39, 12 | |
| 34162
|
EL-Chaarani, H; Hamdan, A; Skaff, Y; EL Abiad, Z; Kanan, M Key success factors for entrepreneurship in sustainable development projects(2023) | |
| 34249
|
Soto-Acosta, P; Cismaru, DM; Vatamanescu, EM; Ciochina, RS Sustainable Entrepreneurship in SMEs: A Business Performance Perspective(2016)Sustainability, 8, 4 | |
| 34614
|
Li, LY; Syah, AM; Syukur, M; Limkanchanapa, R; Srisurat, C Sustainable Micro, Small, and Medium Enterprises: A Developed Model of Entrepreneurial Marketing Behaviors for Thailand's MSMEs(2023)Sustainability, 15, 17 | |
| 71089
|
Abdelwahed, NAA; Soomro, BA; Shah, NMTL The Role of Environment, Business and Human Behavior towards Entrepreneurial Sustainability(2022)Sustainability, 14.0, 5 | |
| 78343
|
Koe, WL; Nordin, NM; Othman, R Fostering sustainable entrepreneurial intention: the role of institutional factors(2024)Management & Marketing, 19, 1 | |
| 65647
|
Huarng, KH; Yu, THK Holistic configural models for sustainable entrepreneurs(2022)International Journal Of Entrepreneurial Behavior & Research, 28.0, 1 | |
| 70082
|
Trinh, TL Factors Affecting Startup Performance of Small and Medium-sized Enterprises in Danang City(2019)Entrepreneurial Business And Economics Review, 7, 3 |