Personality Factors and Entrepreneur’s Business Management Potential Affecting Electric Car Business Operation in Thailand
Article Sidebar
Main Article Content
Abstract
This academic paper aims to analyze the personality factors and entrepreneur’s business management potential affecting electric car business operation in Thailand by reviewing a variety of literature on entrepreneurial characteristics, entrepreneurial business management potential and the performance of electric vehicles business of entrepreneurs in Thailand to create a conceptual framework about the above variables.
The result of analyzing found that the entrepreneurial characteristics regarding innovativeness orientation, risk taking orientation, proactiveness orientation, competitive orientation, aggressiveness orientation, and autonomy orientation had influence on the performance of electric vehicles business of entrepreneurs in Thailand. Also found that, entrepreneurial business management potential regarding Marketing management, human resource management, Production management, and financial management had influence on the performance of electric vehicles business of entrepreneurs in Thailand. It reflected that entrepreneur characteristics and business management potential were key factors for business in current environment. The information obtained from the study can be employed as a guidelines to develop the potential of business entrepreneurs in Thailand and extended academic knowledge.
Article Details
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Academic articles, research articles, and book reviews in the Ph.D. in Social Sciences Journal are author’s opinions, and not the publisher’s, and is not the responsibility of the Ph.D. in Social Sciences Journal Philosophy Association, Ramkhamhaeng University. (In the case that research is done on human, the researcher has to be trained in Ethics for Doing Research on Human Training and has to produce the evidence of the training).
References
Amnuayprawit, S. (2016). The strategic access to the capital for small and medium enterprises in Bangkok. Research Report, Rajamangala University of Technology Tanyaburi. [In Thai]
Atawongsa, S. (2013). The effect of entrepreneurial orientation and enterprise characteristics toward Thai SMEs growth. Doctoral Thesis of Business Administration, Dhurakij Pundit University. [In Thai]
Balan, P., & Lindsay, N. J. (2010). Innovation capability, entrepreneurial orientation, and performance in Australian hotels: An empirical study. Cooperative Research Centre for Sustainable Tourism.
Beitelspacher, L. S., Tokman, M., Adams, F. G., & Richey, R. G. (2015). Retail service-based operant resources and market performance. International Journal of Logistics Management, 23(3), 408-434.
Berger-Walliser, G., Bird, R. C., & Haapio, H. (2011). Promoting business success through contract visualization. Journal of Business Ethics, 17, 55-74.
Blackburn, R. A., Hart, M., & Wainwright, T. (2014). Small business performance: Business, strategy and owner-manager characteristics. Journal of Small Business and Enterprise Development, 20(1), 8-27.
Bleeker, I. (2011). The influence of entrepreneurial orientation on the innovation process: An empirical research on manufacturing SMEs. Master’s Thesis of Business Administration, University of Twente.
Chokpromanan, W., & Jesadalak, W. (2015). Characteristics of entrepreneurs towards success in business operation of merchants in Don Wai floating market. Veridian E-Journal Silpakorn University, 8(2), 967-988. [In Thai]
Dess, G. G., Lumpkin, G. T., & Eisner, A. B. (2007). Strategic management. McGraw-Hill.
Eiamsri, A. (2014). Financial management. Retrieved from https://eiamsri.wordpress.com/author/eiamsri/page/4 [In Thai]
Ferreira, J., & Azevedo, S. (2007). Entrepreneurial orientation as a main resource and capability on small firm’s growth findings. International Review of Industrial and Organizational Psychology, 17(2), 101-142.
Goyal, P., Rahman, Z., & Kazmi, A. A. (2013). Corporate sustainability performance and firm performance research. Management Decision, 51(2), 361-379.
Hatten, T. I. (2006). Small business management: Entrepreneurship and beyond (3rd ed.). Houghton Mifflin.
Kaplan, S. (1992). Environmental preference in a knowledge-seeking, knowledge-using organism. In J. H. Barkow, L. Cosmides, & J. Tooby (Eds.), The adapted mind: Evolutionary psychology and the generation of culture (pp. 581–598). Oxford University Press.
Krauss, S. I., Frese, M., Friedrich, C., & Unger, J. M. (2005). Entrepreneurial orientation: A psychological model of success among southern African small business owners. European Journal of Work and Organizational Psychology, 14(3), 315-344.
Kreiser, P. M., & Davis, J. (2010). Entrepreneurial orientation and firm performance: The unique impact of innovativeness, proactiveness, and risk-taking. Journal of Small Business & Entrepreneurship, 23(1), 39-51.
Kyndt, E., & Baert, H. (2015). Entrepreneurial competencies: Assessment and predictive value for entrepreneurship. Journal of Vocational Behavior, 90, 13-25.
Lee, S. M., & Lim, S. (2009). Entrepreneurial orientation and the performance of service business. Service Business, 3(1), 1-12.
Lee, S. M., & Peterson, S. J. (2000). Culture, entrepreneurial orientation, and global competitiveness. Journal of World Business, 35(4), 111-133.
Longenecker, J. G., Moore, C. W., Petty, W., & Palich, L. E. (2006). Small business management: An entrepreneurial emphasis. South-Western College.
Lumpkin, G. T., & Dess, G. G. (1996). Clarifying the entrepreneurial orientation construct and linking it to performance. Academy of Management Review, 21(1), 135-172.
Miller, D. (1983). The correlates of entrepreneurship in three types of firms. Management Science, 29(7), 770-792.
Narkkerd, T. (2012). Development of performance measurement system base on Balanced Scorecard (BSC): A case study of plastic injection factory. Master’s Thesis of Industrial Engineering, Bangkok University . [In Thai]
Nelson, O. N., & Khurram, I. (2015). Relationship between entrepreneurship, innovation and performance comparing small and medium-size enterprises. Marketing and Entrepreneurship, 14(2), 214-236.
Norasetteekul, V. (2020). A study of entrepreneurial characteristics, key success factor, and business social networking affecting Thai entrepreneurs ability: Case of (start-up) entrepreneurs in Bangkok metropolitan area. Master’s Thesis of Business Administration, Bangkok University. [In Thai]
Peatrat, N. (2018). Balanced scorecard and information technology governance performance measurement. Suan Dusit Graduate School Journal, 14(1), 201-217. [In Thai]
Phuphatthanapong, K., Jearrajinda, N., & Wetsuntornthep, V. (2017). Leadership and effectiveness in management in terms of the balanced scorecard. Kasem Bundit Journal, 18(1), 106-119. [In Thai]
Pisitkasem, P. (2014). Factors affecting logistics performance and their impact on the performance of automotive parts manufacturers in Thailand. Doctoral Thesis of Philosophy (Business Administration), Ramkhamhaeng University. [In Thai]
Pletnev, D., & Barkhatov, V. (2016). Business success of small and medium sized enterprises in Russia and social responsibility of managers. Procedia-Social and Behavioral Sciences, 22(1), 185-193.
Porter, M. E. (1998). Competing across locations: Enhancing competitive advantage through a global strategy, Harvard Business School Press program for the social, behavioral, and biomedical sciences. Behavior Research Methods, 39, 175-191
Rungsimanon, B. (2008). Key performance Indicators for container trailer business. Master’s Thesis of Science (Logistics Management), Chulalongkorn University. [In Thai]
Saelee, A. (2015). Business management potential and entrepreneurial characteristics that affect the success of tapioca farm entrepreneurs in Bo Phloy district, Kanchanaburi province. Journal of Lampang Rajabhat University, 4(2), 1-12. [In Thai]
Satayopas, P. (2012). Potential, entrepreneurship and organizational innovation that influence competitiveness of small and medium enterprises in the upper northern region. Chiang Mai Rajabhat University, Faculty of Management. [In Thai]
Sawangrat, N. (2015). Structural effects of entrepreneurship market orientation, innovation orientation and learning orientation on the firm performance. Veridian E-Journal Silpakorn University, 8(3), 958-975. [In Thai]
Scarborough, N. M., & Zimmerer, T. W. (2003). Effective small business management: An entrepreneurial approach. Pearson Education.
Sriboonruang, Y., & Wongsarasri, P. (2013). Development of balanced scorecard’s indicators in Swine Processed Food Manufacturing, Nakhon Ratchasima province. Suan Dusit Graduate School Journal, 9(3), 71-79. [In Thai]
Suwanrungsri, T. (2010). Determination of standard performance of an industrial product distributor with balanced scorecard concept. KKU Engineering Journal, 37(4), 267-275. [In Thai]
Thailand Automotive Institute. (2017). Condition of the automotive industry in 2016. Author. [In Thai]
Thailand Automotive Institute (2021). Condition of the automotive industry in 2021. Author. [In Thai]
Thammasat University Research and Consultancy Institute. (2019). Research and development objective plan to support Thailand’s electric vehicle industry. Author. [In Thai]
Thangganjanaverukul, S. (2009). An establishment of key performance indicators based on balanced scorecard for motor’s factory. Research and Development Journal, 20(4), 103-111. [In Thai]
Thipduangdee, N. (2013). The characteristic of entrepreneurs and factors affecting the success of alcoholic beverage business in Bangkok. Master’s Thesis of Business Administration, Bangkok University. [In Thai]
Wongchaiya, S. (2018). Influence of business strategy and entrepreneurial characteristics on the success of small and medium businesses. Journal of the Association of Researchers, 23(2), 139-152. [In Thai]
Zainol, F. A., & Ayadurai, S. (2011). Entrepreneurial orientation and firm performance: The role of personality traits in Malay family firms in Malaysia. International Journal of Business and Social Science, 2(1), 123-134.