How to cite this paper
Wattanakomol, S & Silpcharu, T. (2023). Characteristics of entrepreneurs in sustainably successful micro, small, and medium enterprises.Uncertain Supply Chain Management, 11(3), 1359-1368.
Refrences
Aljuwaiber, A. (2021). Entrepreneurship research in the Middle East and North Africa: Trends, challenges, and sustainability issues. Journal of Entrepreneurship in Emerging Economies, 13(3), 380–426. https://doi.org/10.1108/JEEE-08-2019-0123
Almeida, F., & Amoedo, N. (2020). Contemporary paradigm of sustainable development in the European Union. International Journal of Management and Sustainability, 9(4), 207-217. https://doi.org/10.18488/journal.11.2020.94.207.217.
Amankwah-Amoah, J. (2018). Human capital flows in failing organizations: An integrated conceptual framework. Journal of Intellectual Capital, 19(4), 732–746. https://doi.org/10.1108/JIC-05-2017-0065
Appelbaum, S. H., Cameron, A., Ensink, F., Hazarika, J., Attir, R., Ezzedine, R., & Shekhar, V. (2017). Factors that impact the success of an organizational change: A case study analysis. Industrial and Commercial Training, 49(5), 213–230. https://doi.org/10.1108/ICT-02-2017-0006
Barbieri da Rosa, L. A., Gomes, C. M., Campos, W., Rodrigues, C., Godoy, T. P., & Kneipp, J. M. (2022). Influencing factors of the innovation power in the adoption of sustainability strategies. Sustainability, 14(19), 12668. https://doi.org/10.3390/su141912668
Baum, J. R., & Locke, E. A. (2004). The relationship of entrepreneurial traits, skill, and motivation to subsequent venture growth. Journal of Applied Psychology, 89(4), 587–598. https://doi.org/10.1037/0021-9010.89.4.587
Ben Sedrine, S., Bouderbala, A., & Nasraoui, H. (2021). Leadership style effect on virtual team efficiency: Trust, operational cohesion and media richness roles. Journal of Management Development, 40(5), 365–388. https://doi.org/10.1108/JMD-10-2018-0289
Cuéllar Molina, D., Déniz-Déniz, M. C., & García-Cabrera, A. M. (2020). The HR decision-maker’s emotional intelligence and SME performance. Management Research Review, 43(1), 56–81. https://doi.org/10.1108/MRR-10-2018-0373
Damrong Rajanubhab Institution. (2010). Time management. Retrieved from http://www.stabundamrong.go.th/web/book/53/b17_53.pdf
Dey, M., Bhattacharjee, S., Mahmood, M., Uddin, M. A., & Biswas, S. R. (2022). Ethical leadership for better sustainable performance: Role of employee values, behavior and ethical climate. Journal of Cleaner Production, 337, 130527. https://doi.org/10.1016/j.jclepro.2022.130527
Fernandes, P., Pereira, R., Wiedenhöft, G., & Costa, P. (2021). The individuals’ discretionary behaviors at work. An overview and analysis of its growing interest. Heliyon, 7(10), e08175. https://doi.org/10.1016/j.heliyon.2021.e08175
Galor, O., & Michalopoulos, S. (2012). Evolution and the growth process: Natural selection of entrepreneurial traits. Journal of Economic Theory, 147(2), 759–780. https://doi.org/10.1016/j.jet.2011.04.005
Gartner, W. B. (1985). A conceptual framework for describing the phenomenon of new venture creation. Academy of Management Review, 10(4), 696–706. https://doi.org/10.5465/amr.1985.4279094
Gifford, S. (2012). The allocation of limited entrepreneurial attention. New York, NY: Springer.
Gu, C., & Lin, S. (2021). Size, entrepreneurial experience and organizational decentralization. Chinese Management Studies, 15(3), 667–687. https://doi.org/10.1108/CMS-07-2020-0318
Hair, J. F., Sarstedt, M., Ringle, C. M., & Mena, J. A. (2012). An assessment of the use of partial least squares structural equation modeling in marketing research. Journal of the Academy of Marketing Science, 40, 414–433. https://doi.org/10.1007/s11747-011-0261-6
Itam, U., Misra, S., & Anjum, H. (2020). HRD indicators and branding practices: A viewpoint on the employer brand building process. European Journal of Training and Development, 44(6/7), 675–694. https://doi.org/10.1108/EJTD-05-2019-0072
Kabir, M. A., & Ahmed, A. (2019). An empirical approach to understanding the lower-middle and upper-middle income traps. International Journal of Development, 18(2), 171–190. https://doi.org/10.1108/IJDI-09-2018-0138
Kadam, R., Rao, S., Kareem Abdul, W., & Jabeen, S. S. (2019). Impact of cultural intelligence on SME performance: The mediating effect of entrepreneurial orientation. Journal of Organizational Effectiveness: People and Performance, 6(3), 161–185. https://doi.org/10.1108/JOEPP-12-2018-0101
Kijkasiwat, P., Wellalage, N. H., & Locke, S. (2021). The impact of symbiotic relations on the performance of micro, small and medium enterprises in a small-town context: The perspective of risk and return. Research in International Business and Finance, 56, 101388. https://doi.org/10.1016/j.ribaf.2021.101388
Kyal, H., Mandal, A., Kujur, F., & Guha, S. (2022). Individual entrepreneurial orientation on MSME’s performance: The mediating effect of employee motivation and the moderating effect of government intervention. IIM Ranchi Journal of Management Studies, 1(1), 21-37. https://doi.org/10.1108/IRJMS-07-2021-0041
Lawrence, S. M., Glenn, G., & Guarino, A. J. (2017). Applied multivariate research: Design and interpretation (3rd ed.). Singapore: SAGE Publications.
Lee, Y., & Kim, J. (2021). Cultivating employee creativity through strategic internal communication: The role of leadership, symmetry, and feedback seeking behaviors. Public Relations Review, 47(1), 101998. https://doi.org/10.1016/j.pubrev.2020.101998
Leitch, C. M., McMullan, C., & Harrison, R. T. (2013). The development of entrepreneurial leadership: The role of human, social and institutional capital. British Journal of Management, 24(3), 347–366. https://doi.org/10.1111/j.1467-8551.2011.00808.x
Mehmood, S. M., Jian, Z., Akram, U., & Tariq, A. (2021). Entrepreneurial leadership: The key to develop creativity in organizations. Leadership & Organization Development Journal, 42(3), 434–452. https://doi.org/10.1108/LODJ-01-2020-0008
Men, L. R., Yue, C. A., & Liu, Y. (2020). “Vision, passion, and care:” The impact of charismatic executive leadership communication on employee trust and support for organizational change. Public Relations Review, 46(3), 101927. https://doi.org/10.1016/j.pubrev.2020.101927
Mittal, V., & Raman, T. V. (2021). Examining the determinants and consequences of financial constraints faced by micro, small and medium enterprises’ owners. World Journal of Entrepreneurship, Management and Sustainable Development, 17(3), 560–581. https://doi.org/10.1108/WJEMSD-07-2020-0089
Murray, A., & Palladino, R. (2021). Developing human capitals in today’s entrepreneurs: A practitioner perspective. Journal of Intellectual Capital, 22(4), 681–702. https://doi.org/10.1108/JIC-08-2019-0202
Nguyen, N. T. T., Nguyen, N. P., & Hoai, T. T. (2021). Ethical leadership, corporate social responsibility, firm reputation, and firm performance: A serial mediation model. Heliyon, 7(4), e06809. https://doi.org/10.1016/j.heliyon.2021.e06809
Office of Small and Medium Enterprise Promotion. (2019, November 29). Meaning SME. Retrieved from https://www.sme.go.th/th/cms-detail.php?modulekey=332&id=1334
Office of Small and Medium Enterprise Promotion. (2022). Small and medium enterprise report 2021. Available from https://www.sme.go.th/th/download.php?modulekey=215
Pagel, R. T. (2011). Funding the plan: Integration of strategic planning and resource allocation. Long Beach, CA: California State University.
Pholphirul, P. P. (2013). Roles of Thai small and medium enterprises under creative economy. Development Economic Review, 7(1), 205–250.
Pitutecha, S., & Silpcharu, T. (2019). A model of political leadership characteristics leading to country development. Journal of Business and Retail Management Research, 13(3), 92–100.
Porter, M. E. (1996). What is strategy? Harvard Business Review, 74(6), 61–78.
Rafke, H. D., & Lestari, Y. D. (2017). Simulating fleet procurement in an Indonesian logistics company. The Asian Journal of Shipping and Logistics, 33(1), 1–10. https://doi.org/10.1016/j.ajsl.2017.03.001
Rattanapongpinyo, T. (2018). The development strategy for survival and thriving of SMEs in Phetchaburi province. Phetchaburi, Thailand: Faculty of Management Science, Silpakorn University.
Restrepo-Morales, J. A., Loaiza, O. L., & Vanegas, J. G. (2019). Determinants of innovation: A multivariate analysis in Colombian micro, small and medium-sized enterprises. Journal of Economics, Finance and Administrative Science, 24(47), 97–112. https://doi.org/10.1108/JEFAS-09-2018-0095
Sarfraz, H. (2017). Differentiated time management skills between leadership styles: Simplified with a cross-cultural approach. Development and Learning in Organizations, 31(6), 14–18. https://doi.org/10.1108/DLO-02-2017-0009
Saunila, M. (2020). Innovation capability in SMEs: A systematic review of the literature. Journal of Innovation & Knowledge, 5(4), 260–265. https://doi.org/10.1016/j.jik.2019.11.002
Sibeko, M. S., & Barnard, B. (2020). Visionary leadership and entrepreneurial vision within entrepreneurship. IUP Journal of Entrepreneurship Development, 17(2), 1–91.
Smallbone, D., Saridakis, G., & Abubakar, Y. A. (2022). Internationalisation as a stimulus for SME innovation in developing economies: Comparing SMEs in factor-driven and efficiency-driven economies. Journal of Business Research, 144, 1305–1319. https://doi.org/10.1016/j.jbusres.2022.01.045
Syapsan, S. (2019). The effect of service quality, innovation towards competitive advantages and sustainable economic growth: Marketing mix strategy as mediating variable. Benchmarking: An International Journal, 26(4), 1336–1356. https://doi.org/10.1108/BIJ-10-2017-0280
Takeda, A., Truong, H. T., & Sonobe, T. (2022). The impacts of the COVID-19 pandemic on micro, small, and medium enterprises in Asia and their digitalization responses. Journal of Asian Economics, 82, 101533. https://doi.org/10.1016/j.asieco.2022.101533
Tanhakorn, T., & Pasunon, P. (2019). The indicative characteristics of successful entrepreneurs at true corporation public company limited. Electronic Journal of Open and Distance Innovative Learning, 9(1), 106–117.
Whang, U. (2017). Comparative advantage, product quality, and the competitiveness of firms. Journal of Korea Trade, 21(3), 174–190. https://doi.org/10.1108/JKT-06-2017-0061
Wiechmann, D. M., Reichstein, C., Haerting, R. C., Bueechl, J., & Pressl, M. (2022). Agile management to secure competitiveness in times of digital transformation in medium-sized businesses. Procedia Computer Science, 207, 2353–2363. https://doi.org/10.1016/j.procs.2022.09.294
Zhu, F., Sun, S., & Sun, M. (2020). Influence of entrepreneurs' personality and personal characteristics on new venture performance: A fuzzy-set qualitative comparative analysis. Social Behavior and Personality: An International Journal, 48(12), 1–13. https://doi.org/10.2224/sbp.9199
Almeida, F., & Amoedo, N. (2020). Contemporary paradigm of sustainable development in the European Union. International Journal of Management and Sustainability, 9(4), 207-217. https://doi.org/10.18488/journal.11.2020.94.207.217.
Amankwah-Amoah, J. (2018). Human capital flows in failing organizations: An integrated conceptual framework. Journal of Intellectual Capital, 19(4), 732–746. https://doi.org/10.1108/JIC-05-2017-0065
Appelbaum, S. H., Cameron, A., Ensink, F., Hazarika, J., Attir, R., Ezzedine, R., & Shekhar, V. (2017). Factors that impact the success of an organizational change: A case study analysis. Industrial and Commercial Training, 49(5), 213–230. https://doi.org/10.1108/ICT-02-2017-0006
Barbieri da Rosa, L. A., Gomes, C. M., Campos, W., Rodrigues, C., Godoy, T. P., & Kneipp, J. M. (2022). Influencing factors of the innovation power in the adoption of sustainability strategies. Sustainability, 14(19), 12668. https://doi.org/10.3390/su141912668
Baum, J. R., & Locke, E. A. (2004). The relationship of entrepreneurial traits, skill, and motivation to subsequent venture growth. Journal of Applied Psychology, 89(4), 587–598. https://doi.org/10.1037/0021-9010.89.4.587
Ben Sedrine, S., Bouderbala, A., & Nasraoui, H. (2021). Leadership style effect on virtual team efficiency: Trust, operational cohesion and media richness roles. Journal of Management Development, 40(5), 365–388. https://doi.org/10.1108/JMD-10-2018-0289
Cuéllar Molina, D., Déniz-Déniz, M. C., & García-Cabrera, A. M. (2020). The HR decision-maker’s emotional intelligence and SME performance. Management Research Review, 43(1), 56–81. https://doi.org/10.1108/MRR-10-2018-0373
Damrong Rajanubhab Institution. (2010). Time management. Retrieved from http://www.stabundamrong.go.th/web/book/53/b17_53.pdf
Dey, M., Bhattacharjee, S., Mahmood, M., Uddin, M. A., & Biswas, S. R. (2022). Ethical leadership for better sustainable performance: Role of employee values, behavior and ethical climate. Journal of Cleaner Production, 337, 130527. https://doi.org/10.1016/j.jclepro.2022.130527
Fernandes, P., Pereira, R., Wiedenhöft, G., & Costa, P. (2021). The individuals’ discretionary behaviors at work. An overview and analysis of its growing interest. Heliyon, 7(10), e08175. https://doi.org/10.1016/j.heliyon.2021.e08175
Galor, O., & Michalopoulos, S. (2012). Evolution and the growth process: Natural selection of entrepreneurial traits. Journal of Economic Theory, 147(2), 759–780. https://doi.org/10.1016/j.jet.2011.04.005
Gartner, W. B. (1985). A conceptual framework for describing the phenomenon of new venture creation. Academy of Management Review, 10(4), 696–706. https://doi.org/10.5465/amr.1985.4279094
Gifford, S. (2012). The allocation of limited entrepreneurial attention. New York, NY: Springer.
Gu, C., & Lin, S. (2021). Size, entrepreneurial experience and organizational decentralization. Chinese Management Studies, 15(3), 667–687. https://doi.org/10.1108/CMS-07-2020-0318
Hair, J. F., Sarstedt, M., Ringle, C. M., & Mena, J. A. (2012). An assessment of the use of partial least squares structural equation modeling in marketing research. Journal of the Academy of Marketing Science, 40, 414–433. https://doi.org/10.1007/s11747-011-0261-6
Itam, U., Misra, S., & Anjum, H. (2020). HRD indicators and branding practices: A viewpoint on the employer brand building process. European Journal of Training and Development, 44(6/7), 675–694. https://doi.org/10.1108/EJTD-05-2019-0072
Kabir, M. A., & Ahmed, A. (2019). An empirical approach to understanding the lower-middle and upper-middle income traps. International Journal of Development, 18(2), 171–190. https://doi.org/10.1108/IJDI-09-2018-0138
Kadam, R., Rao, S., Kareem Abdul, W., & Jabeen, S. S. (2019). Impact of cultural intelligence on SME performance: The mediating effect of entrepreneurial orientation. Journal of Organizational Effectiveness: People and Performance, 6(3), 161–185. https://doi.org/10.1108/JOEPP-12-2018-0101
Kijkasiwat, P., Wellalage, N. H., & Locke, S. (2021). The impact of symbiotic relations on the performance of micro, small and medium enterprises in a small-town context: The perspective of risk and return. Research in International Business and Finance, 56, 101388. https://doi.org/10.1016/j.ribaf.2021.101388
Kyal, H., Mandal, A., Kujur, F., & Guha, S. (2022). Individual entrepreneurial orientation on MSME’s performance: The mediating effect of employee motivation and the moderating effect of government intervention. IIM Ranchi Journal of Management Studies, 1(1), 21-37. https://doi.org/10.1108/IRJMS-07-2021-0041
Lawrence, S. M., Glenn, G., & Guarino, A. J. (2017). Applied multivariate research: Design and interpretation (3rd ed.). Singapore: SAGE Publications.
Lee, Y., & Kim, J. (2021). Cultivating employee creativity through strategic internal communication: The role of leadership, symmetry, and feedback seeking behaviors. Public Relations Review, 47(1), 101998. https://doi.org/10.1016/j.pubrev.2020.101998
Leitch, C. M., McMullan, C., & Harrison, R. T. (2013). The development of entrepreneurial leadership: The role of human, social and institutional capital. British Journal of Management, 24(3), 347–366. https://doi.org/10.1111/j.1467-8551.2011.00808.x
Mehmood, S. M., Jian, Z., Akram, U., & Tariq, A. (2021). Entrepreneurial leadership: The key to develop creativity in organizations. Leadership & Organization Development Journal, 42(3), 434–452. https://doi.org/10.1108/LODJ-01-2020-0008
Men, L. R., Yue, C. A., & Liu, Y. (2020). “Vision, passion, and care:” The impact of charismatic executive leadership communication on employee trust and support for organizational change. Public Relations Review, 46(3), 101927. https://doi.org/10.1016/j.pubrev.2020.101927
Mittal, V., & Raman, T. V. (2021). Examining the determinants and consequences of financial constraints faced by micro, small and medium enterprises’ owners. World Journal of Entrepreneurship, Management and Sustainable Development, 17(3), 560–581. https://doi.org/10.1108/WJEMSD-07-2020-0089
Murray, A., & Palladino, R. (2021). Developing human capitals in today’s entrepreneurs: A practitioner perspective. Journal of Intellectual Capital, 22(4), 681–702. https://doi.org/10.1108/JIC-08-2019-0202
Nguyen, N. T. T., Nguyen, N. P., & Hoai, T. T. (2021). Ethical leadership, corporate social responsibility, firm reputation, and firm performance: A serial mediation model. Heliyon, 7(4), e06809. https://doi.org/10.1016/j.heliyon.2021.e06809
Office of Small and Medium Enterprise Promotion. (2019, November 29). Meaning SME. Retrieved from https://www.sme.go.th/th/cms-detail.php?modulekey=332&id=1334
Office of Small and Medium Enterprise Promotion. (2022). Small and medium enterprise report 2021. Available from https://www.sme.go.th/th/download.php?modulekey=215
Pagel, R. T. (2011). Funding the plan: Integration of strategic planning and resource allocation. Long Beach, CA: California State University.
Pholphirul, P. P. (2013). Roles of Thai small and medium enterprises under creative economy. Development Economic Review, 7(1), 205–250.
Pitutecha, S., & Silpcharu, T. (2019). A model of political leadership characteristics leading to country development. Journal of Business and Retail Management Research, 13(3), 92–100.
Porter, M. E. (1996). What is strategy? Harvard Business Review, 74(6), 61–78.
Rafke, H. D., & Lestari, Y. D. (2017). Simulating fleet procurement in an Indonesian logistics company. The Asian Journal of Shipping and Logistics, 33(1), 1–10. https://doi.org/10.1016/j.ajsl.2017.03.001
Rattanapongpinyo, T. (2018). The development strategy for survival and thriving of SMEs in Phetchaburi province. Phetchaburi, Thailand: Faculty of Management Science, Silpakorn University.
Restrepo-Morales, J. A., Loaiza, O. L., & Vanegas, J. G. (2019). Determinants of innovation: A multivariate analysis in Colombian micro, small and medium-sized enterprises. Journal of Economics, Finance and Administrative Science, 24(47), 97–112. https://doi.org/10.1108/JEFAS-09-2018-0095
Sarfraz, H. (2017). Differentiated time management skills between leadership styles: Simplified with a cross-cultural approach. Development and Learning in Organizations, 31(6), 14–18. https://doi.org/10.1108/DLO-02-2017-0009
Saunila, M. (2020). Innovation capability in SMEs: A systematic review of the literature. Journal of Innovation & Knowledge, 5(4), 260–265. https://doi.org/10.1016/j.jik.2019.11.002
Sibeko, M. S., & Barnard, B. (2020). Visionary leadership and entrepreneurial vision within entrepreneurship. IUP Journal of Entrepreneurship Development, 17(2), 1–91.
Smallbone, D., Saridakis, G., & Abubakar, Y. A. (2022). Internationalisation as a stimulus for SME innovation in developing economies: Comparing SMEs in factor-driven and efficiency-driven economies. Journal of Business Research, 144, 1305–1319. https://doi.org/10.1016/j.jbusres.2022.01.045
Syapsan, S. (2019). The effect of service quality, innovation towards competitive advantages and sustainable economic growth: Marketing mix strategy as mediating variable. Benchmarking: An International Journal, 26(4), 1336–1356. https://doi.org/10.1108/BIJ-10-2017-0280
Takeda, A., Truong, H. T., & Sonobe, T. (2022). The impacts of the COVID-19 pandemic on micro, small, and medium enterprises in Asia and their digitalization responses. Journal of Asian Economics, 82, 101533. https://doi.org/10.1016/j.asieco.2022.101533
Tanhakorn, T., & Pasunon, P. (2019). The indicative characteristics of successful entrepreneurs at true corporation public company limited. Electronic Journal of Open and Distance Innovative Learning, 9(1), 106–117.
Whang, U. (2017). Comparative advantage, product quality, and the competitiveness of firms. Journal of Korea Trade, 21(3), 174–190. https://doi.org/10.1108/JKT-06-2017-0061
Wiechmann, D. M., Reichstein, C., Haerting, R. C., Bueechl, J., & Pressl, M. (2022). Agile management to secure competitiveness in times of digital transformation in medium-sized businesses. Procedia Computer Science, 207, 2353–2363. https://doi.org/10.1016/j.procs.2022.09.294
Zhu, F., Sun, S., & Sun, M. (2020). Influence of entrepreneurs' personality and personal characteristics on new venture performance: A fuzzy-set qualitative comparative analysis. Social Behavior and Personality: An International Journal, 48(12), 1–13. https://doi.org/10.2224/sbp.9199