Enterprise In Thailand Research Articles

Stay Active, Do Not Retire: Strategies for Older Persons to Remain in the Workforce in Community Enterprise in Thailand

Stay Active, Do Not Retire: Strategies for Older Persons to Remain in the Workforce in Community Enterprise in Thailand

The influence of entrepreneurial capability and innovation capability on sustainable organization performance: Evidence of community enterprise in Thailand

The purpose of this study is to examine the influence of entrepreneurial capability and innovation capability on sustainable organization performance, as well as to explore the role of innovation capability as a mediator in the relationship between entrepreneurial capability and sustainable organization performance. Using questionnaires to collect data from community enterprises in Phuket, Thailand. The respondents were presidents and vice-presidents of their respective community enterprises. The analysis was conducted using (AMOS-SEM) approach. The results reveal that entrepreneurial capability plays a robust role in promoting innovation capability and sustainable organization performance. Furthermore, innovation capability has a positive influence on sustainable organization performance. Additionally, innovation partially mediates the relationship between entrepreneurial capability and sustainable organization performance. Entrepreneurial capability (EC) is influenced by several key factors, including Leadership and Management, Active Learning and Analysis, and Passion and Self-Achievement. These elements contribute to an individual's ability to identify and capitalize on opportunities, drive innovation, and create value in their ventures. While Innovation capability (IC) is determined by Management Potential, Process Potential, and Technology Potential. Sustainable Organization Performance (SOP) is measured by Economic Performance, Social Performance, and Environmental Performance. Consequently, the results of this research provide guidelines for policymakers to create an enabling environment for community enterprises to thrive, promote entrepreneurship and innovation, and contribute to sustainable organization performance.

Modern Entrepreneur for the Success of Online Businesses for Small and Medium Enterprise in Thailand

The National Strategy includes a master plan for 20 years in Issue 08, Modern Entrepreneurs: Small and Medium Enterprises (SMEs). The aim is to create and develop Thai entrepreneurs to be "New Generation Entrepreneurs" who keep pace and take advantage of technology and innovation to drive businesses, especially SMEs as business operations, and play an important part in stimulating economic growth and entrepreneurship strength that will help countries compete globally. This research aimed to develop a structural equation model for entrepreneurs' contributions to the success of online businesses and SMEs in Thailand and examine the consistency of the causal relationship model for entrepreneurs' contributions to their success. This research uses a mixed methodology approach that collects and analyzes both qualitative and quantitative research.

University Outreach in the Triple Helix Model of Collaboration for Entrepreneurial Development

This paper presents an empirical study of the role of university outreach in the triple helix collaboration model adopted for the development of knowledge-based entrepreneurship in a community enterprise in Thailand. The triple helix model is a hybrid collaboration of university-industry-government networks for knowledge transfer and innovation development. This research project was a case study using a qualitative ground theory approach, semi-structured interviews, and documentary analysis for its data collection tools. This study investigates how a university outreach project performed by academic members of a regional university from the Northeast region of Thailand plays a role in promoting a local community enterprise to become knowledge-based entrepreneurship. The study chose a local organic rice farming community enterprise as its case study. The study discovered that the primary role of the university outreach is a source of creative knowledge required for innovative development. The knowledge delivery is via academic service financially supported by funding from a government agency. The empirical evidence showed that the participating academics delivered their knowledge service with sufficient entrepreneurial skills. Moreover, the academic service that promoted the enterprise’s business innovation significantly added economic value to its production. In addition to identifying success factors, this paper also discusses a challenge for further development for the university outreach sustaining its contribution to the triple helix collaboration by constructing systematic support from the university and promoting academic integrity for interdisciplinary research-based innovation development.

An Improved Intellectual Capital Management Method for Selecting and Prioritizing Intangible-Related Aspects: A Case Study of Small Enterprise in Thailand

This study develops a new integrated approach for improving deficiencies relating to executives’ intuitive or illogical decisions, mainly found in past intellectual capital management (ICM) methods. To simultaneously rectify several flaws, the process model of intellectual capital (IC), a traditional ICM method, is integrated using decision science methods—the analytic network process (ANP) and quality function deployment (QFD). The process model of IC is adopted as a core procedure of the proposed ICM approach. ANP is integrated to improve the ability to consider relationships among the IC critical factors and their impacts, while QFD is included to facilitate the systematic consideration and identification of correlations, linkages, and impacts between all IC-related elements from the business concept to strategic plans. The proposed method was applied to two case studies in one real enterprise in Thailand. The results of the implementation reveal the priorities of all IC-related aspects, and the first priority of key success factors (KSFs), key performance indicators (KPIs), and action plans (APs) are all associated with the organization in the structural capital dimension. The results demonstrate that the method may offer advantages with respect to the conceptual expectations and may prioritize critical IC factors and identify their weights. Furthermore, the improved method could indicate the correlations and impacts between related elements, such as critical factors and associated indicators. This study proposes a new comprehensive and systematic management framework by integrating different concepts—decision science methods and the ICM method. To the best of the authors’ knowledge, this improved approach has not been explored or proposed in earlier studies.

Business performance model of herbal community enterprise in Thailand

The research study was carried out to investigate the actual business performance model in herbal medicine business in Thailand. The conceptual framework was developed from resource-based theory of herbal medicine community enterprise, and other contemporaneous research in herbal medicine business performance. Accordingly, the study considered the importance of the factors of marketing channel, competitive advantage, logistics integration and innovative management. In this direction, the study employed a quantitative research approach. Questionnaire was used for data collection. Data were collected from 340 entrepreneurs of herbal community enterprise. Finally, data were analyzed using structural equation modeling (SEM) to examine the actual herbal business performance of the organizations studied through all operational links in the marketing channel, competitive advantage, logistics integration and innovative management. Results of the study found that marketing channels had a positive effect on herbal business performance. Competitive advantage also had a positive effect on herbal business performance. Furthermore, logistics performance had a positive effect on herbal business performance. Finally, similar results were found in case of innovative management which shows the positive effect on herbal business performance.

Inside Out with Knowledge Management toward Internal Communication Facilitating Transformational Change Efficiency

This study is designed to focus on analyzing how to facilitate transformational change toward knowledge management and internal communication, in the form of internal marketing. It employed a case study approach (as a privatization) wherein a qualitative data collection was conducted. It used interviews to identify key issues from the perspective of those employed in the case study organization as well as the documentary methods. With special reference to Thailand, the case of the privatization of the Provincial Electricity Authority (PEA) was examined as a transformational change. The findings of the research will provide a comprehensive insight into the concept of privatization in a state-owned enterprise (SOE) in the context of internal marketing. As such the results cannot be generalized to other organizational environments because they have different complexity systems. On the other hand, the research should provide significant insights into how knowledge management in the direction of internal communication can facilitate a privatization process in a state-owned enterprise in Thailand. It is anticipated that it will present these notions in positive light, thus encouraging more widespread application to assure successful outcomes in similar projects.

The Influence Factors that Affect Employee Retention (A Case Study in One of the Tops Electricity Organization in Thailand)

This research aimed to determine factors that affect to employee retention, a case study in one of the top electricity organization. The objectives of this research were: 1) study the factors that can affect to the employee retention in an organization; 2) Explain the influences factors that affect to the employee retention in an organization. The questionnaires were used as a data collection instrumental for 400 sets. The data analysis was used the descriptive statistic such as frequency, percentage, mean, standard deviation (S.D.), and the hypothesis testing in this research was multiple linear regression analysis (MRA) at significant level of .05. In this research, the results presented that 1) the overall level of Employee retention was neutral, when considering of independent variables from high to low, the results revealed that deeply high level of organizational commitment were highest; then followed by the job satisfaction; and the job satisfaction in the work was the least, 2) the results from the hypothesis testing of the Influence Factors that impact affect to employee retention, a case study in one of the top electricity organization. The most influencing factor was organizational commitment, followed by job satisfaction and organizational culture respectively at significant level of 0.05. Keywords: Organizational Culture, Job satisfaction, Organizational Commitment, Employee Retention, State Enterprise in Thailand.

The emergence and contested growth of social enterprise in Thailand

ABSTRACT This paper investigates the development of the Social Enterprise (SE) in Thailand. Emerging from the non-profit sector in the 1970s, Thailand is now experiencing the development of new state-private policy interventions to stimulate development of SE. We combine the work of Kerlin on the socio-economic environment with the theories of market creation from economic sociology. We pinpoint for the first time the key institutions, networks, cognitive framings and policy initiatives of SE emergence and development in Thailand. In addition, we identify a new country type Social Enterprise Semi Strategic Diverse model form, we term an Authoritarian State-Corporate model.

Achieving Corporate Sustainability: Toward a Practical Theory

The present study aims at exploring processual relationships between corporate sustainability predictors and sustainability performance, as informed by the Thai philosophy of Sufficiency Economy, and accordingly proposes a theory of corporate sustainability to fill in the fundamental gap in the literature. Based on a framework derived from the literature, multi-data collection methods and the framework approach to qualitative data analysis are adopted to explore the relationships at a sustainable enterprise in Thailand. Findings reveal six processual relationships leading to improving corporate sustainability performance directly and indirectly. Grounded upon seven established theories, the existing empirical literature and the findings of the present study, a coherent theory of corporate sustainability is developed to inform future theory building and guide future corporate sustainability research. Managerial implications and future research directions are discussed.

Sustainable Social Enterprise Model: Relationships and Consequences

The present study develops a sustainable social enterprise model and examines relationships between corporate sustainability practices and sustainability performance outputs in a social healthcare enterprise in Thailand. Findings reveal four predictors of corporate sustainability, including Leadership, Stakeholder Focus, Resilience Development, and Sharing practices. All of them have direct and/or indirect positive effects on corporate sustainability performance outputs as measured by brand equity, socioeconomic performance and environmental performance. The study also proposes a coherent theory of Sufficiency Economy in business, build upon key theories from relevant fields. Lastly, the present study provides future research directions and managerial implications based upon the model.

Exploring a Thai 'sufficiency' approach to corporate sustainability

The study explores a corporate sustainability model called sufficiency thinking through a case study of a small medium-sized enterprise in Thailand. A multi data collection approach is adopted to collect data at Nithi Foods. Our researchers collected case study data that is supplemented by non-participant observations made during visits, and reference to documentation and information supplied by, or published about, the company (e.g. news reports, magazine articles). Formal and informal discussions were also held with top management team members and employees. Other stakeholders were also interviewed. All were chosen on a convenience basis. Overall, findings support the sufficiency thinking model as an approach to corporate sustainability for SMEs. Business practices informed by virtues, knowledge, sufficiency mindset, action principles are identified and discussed. Measurable outputs and outcomes are also identified as discussed. Relevant theoretical processes are asserted where appropriate. Practical implications are also discussed.

Conceptualizing Employer Branding: Is the Whole More than the Sum of Its Parts? Case Study-Based Evidence from Thailand

For several decades now, it has been of both scholars and practitioners interest to find out how organizations can win the war for talents. Employer branding is considered a possible means to enhance employer attractiveness and secure the employees critical for the success of the organization. The purpose of this investigation is to shed more light on the underlying processes and influencing factors related to employer branding in a real-life context. The author has examined the subject in a multinational enterprise in Thailand based on the framework proposed by Kryger, Esmann, and Thomsen (2011), which conceptualizes employer branding as the intersection of human resource management, branding, and corporate social responsibility. The data collection for this single-case study was based on guided interviews with experts from these fields, who have been presented with questions related to their areas of expertise. After having conducted a qualitative content analysis, the findings suggest that human resource management, marketing, and corporate social responsibility are relevant for employer branding and contribute to an operationalization of the phenomenon. Employer branding appears to be a dynamic construct determined by the interaction with the three areas and is permanently subject to changes. This has implications for academics and practitioners, as the understanding of the subject shifts from a product-oriented to a process-oriented one. The author gives recommendations for the design of an effective employer branding providing value for practitioners. Moreover, a quantitative assessment of the findings as well as taking an extra-company perspective were identified as future research directions.

Innovations in a social enterprise in Thailand

Most consumers still do not realize the value of local traditional Thai products, while the community of producers always produces the same pattern and style of products and does not develop product variety and uniqueness. Moreover, the weaving industry does not have sufficient support from the government and does not have a main organization to help drive development of the industry. Therefore, the most important issue for producers is to develop their potential at the community enterprise level so that they can increase the added value to enhance their working process, and to develop the skills and knowledge required to produce more innovative products in order to maintain a competitive edge. This paper studies the innovative management process in a social enterprise and suggests an innovative method for enhancing the effectiveness of community enterprises by integrating process innovation and marketing innovation. The research focused on a qualitative approach through literature analysis and a case study. The findings present processes and marketing innovations. These innovations are a key source of the case company's success.

Using VMI to improve supply chain performance of a public enterprise in Thailand

Supply chain management is well recognised and implemented in private sectors, but the beneficial of supply chain management in public sector is limited shown in the literature. This paper presents a comprehensive supply chain simulation study for a real case of Thai public sector focusing on its material supply network. The supply network consists of four stages in inventory system: head office, regional warehouse, main warehouse and service warehouse. This study aims to propose three different strategies according to the combination of purchasing structure and vendor managed inventory (VMI) with targeting to reduce lead time and cost. The discrete event simulation (DES) is a powerful tool used to reveal the supply chain performances. The three strategies result in shorter lead time and cost reduction. The decentralised purchasing with VMI on each echelon to support continuous replenishment offers the best solution. The managerial implication is provided to enable the enterprise to improve the supply chain performance measures.

Using VMI to improve supply chain performance of a public enterprise in Thailand

Using VMI to improve supply chain performance of a public enterprise in Thailand

エネルギーコスト問題への新たな一手！プレス搾水性向上への革新的ケミカルアプローチ

本稿では，エネルギーコスト削減を目的としたプレスパートにおける脱水性向上への取り組み，またそれに伴う紙生産性向上のメリットについて，実機操業パラメータの測定による検証結果とともに紹介する。この「薬剤によるプレス搾水性向上」という革新的な方法によって，紙生産性の向上が期待できる。ドライヤーパートでの蒸気による乾燥コストは，プレスパートでの機械的な脱水コストと比較して著しく高い。そのためプレスパートにおいて搾水性を高め，プレス出口湿紙水分を下げる事は，ドライヤーパートのエネルギーコスト削減，すなわち紙生産コストの抑制に繋がる。弊社が開発した「ニューラスターA―25」は，フェルトへ適用する事でニップ脱水性を向上し，フェルトの初期馴染みに要する期間を短縮する効果がある。また操業中に連続使用する事によってプレス出口湿紙水分量を低減させ，ドライヤー蒸気量の減少や紙生産速度の向上などの効果が期待できる。弊社はニューラスターA―25適用時におけるプレスパートの様々なパラメータを測定し，その有効性を検証した結果，プレス搾水性の向上によってプレス出口湿紙水分を低減し，ドライヤー蒸気量すなわち湿紙の乾燥にかかるエネルギーコストの削減が可能である事を確認した。

Factors Influencing the Success of an ERP System: A Study in the Context of an Agricultural Enterprise in Thailand

The study examined factors in user satisfaction with ERP implementation pig farming and processing organization in northern Thailand. The target population included ERP users and government advisers involved with its implementation. A theoretical model with six determinants (Business Process of Reengineering, Top Management Support, Education and Training, Information Quality, System Quality and Perceived Usefulness) of User Satisfaction was developed. Data was collected using a questionnaire (n =228). From a theoretical perspective the findings supported most of those in previous studies whereby Top Management Support had the greatest effect on User Satisfaction followed in order by Perceived Usefulness, System Quality, and Information Quality while Business Process Reengineering and Education and Training had relatively small effects on User Satisfaction. New findings showed that contrary to those in previous studies: Top Management Support and Education and Training did not have significant effects on System Quality; Business Process Engineering only had significant indirect effects on Perceived Usefulness and User Satisfaction; and Education and Training only had a significant indirect effect on User Satisfaction. From a practical perspective the findings enabled the formulation of a hierarchy of objectives aimed at increasing user satisfaction each with an associated hierarchy of actions. Key Words: Enterprise resource planning (ERP); Critical success factors (CSF); Information and system quality and net benefits

Sustainable leadership: Rhineland practices at a Thai small enterprise

This paper adopts Avery’s 19 Rhineland leadership practices derived from sustainable enterprises as a framework to examine the sustainable business practices of a small enterprise in Thailand. Using a case study approach, multi-data collection methods included non-participant observations during several enterprise visits, semi-structured interview sessions with multiple stakeholders, and reference to internal information and published documentation. Evidence was found for compliance with 14 of Avery’s 19 sustainable leadership elements, but to various degrees. The elements were categorised into six core groups of practices: adopting a long-term perspective, focusing on people priority, strong organisational culture, nurturing innovation, social and environmental responsibility, and ethical behaviour. The paper concludes that Avery’s 19 Rhineland practices provide a useful framework applicable to small enterprises in Thailand to evaluate their corporate sustainability. Small enterprises in Thailand and possibly in other Asian countries that wish to sustain their organisational success could adopt Avery’s 19 Rhineland leadership grid elements to investigate their leadership practices, and adjust them to become more sustainable.

Hygiene and Manufacturing Practices, Interagency Collaboration, and a Proposal for Improvement: A Case Study of Community Food Enterprise in Thailand

Hygiene and Manufacturing Practices, Interagency Collaboration, and a Proposal for Improvement: A Case Study of Community Food Enterprise in Thailand