Surviving the next economic crisis: corporate entrepreneurship strategies in Thai automotive SMEs

Chelliah, J; Lekmat, L

Surviving the next economic crisis: corporate entrepreneurship strategies in Thai automotive SMEs

Chelliah, J

Lekmat, L

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Publisher:: Journal of International Management Studies
Publication Type:: Journal Article
Citation:: Journal of International Management Studies, 2011, 6 (3), pp. 18 - 35
Issue Date:: 2011-01

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Field	Value	Language
dc.contributor.author	Chelliah, J https://orcid.org/0000-0003-2351-3784	en_US
dc.contributor.author	Lekmat, L	en_US
dc.date.issued	2011-01	en_US
dc.identifier.citation	Journal of International Management Studies, 2011, 6 (3), pp. 18 - 35	en_US
dc.identifier.issn	1993-1034	en_US
dc.identifier.uri	http://hdl.handle.net/10453/17344
dc.description.abstract	This paper examines the antecedents to corporate entrepreneurship (eE) in Thailand's auto-parts manufacturing industry in the post Asian financial crisis era using a mixed-method approach. There is a lack of research on CE strategies of SMEs in response to the Asian financial crisis in developing Asian countries. This paper presents a model based on existing CE theory where organizational strategy, culture and the environment impact on CE and organizational peiformance. Structural Equation Modeling was used to analyze data collected from 220 chief executives/deputy chief executives who participated in this research. The results suggest that environmental and organizational factors impact on CE which in turn influences firm performance in terms of both financial and non-financial aspects. Significantly, non-financial performance was found to influence financial outcomes. This paper demonstrates that CE is important not only for wealth creation but also for efficient processes and operations, all of which reflect on overall performance. As there is a dearth of empirical research in this area. this paper makes, a useful contribution to knowledge by highlighting the CE initiatives afThai SMfs to survive future crisis and stiff competition in the Asian region.	en_US
dc.publisher	Journal of International Management Studies	en_US
dc.relation.ispartof	Journal of International Management Studies	en_US
dc.title	Surviving the next economic crisis: corporate entrepreneurship strategies in Thai automotive SMEs	en_US
dc.type	Journal Article
utslib.citation.volume	3	en_US
utslib.citation.volume	6	en_US
utslib.for	150304 Entrepreneurship	en_US
utslib.for	1503 Business and Management	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Business
utslib.copyright.status	closed_access
pubs.consider-herdc	true	en_US
pubs.issue	3	en_US
pubs.volume	6	en_US

Abstract:

This paper examines the antecedents to corporate entrepreneurship (eE) in Thailand's auto-parts manufacturing industry in the post Asian financial crisis era using a mixed-method approach. There is a lack of research on CE strategies of SMEs in response to the Asian financial crisis in developing Asian countries. This paper presents a model based on existing CE theory where organizational strategy, culture and the environment impact on CE and organizational peiformance. Structural Equation Modeling was used to analyze data collected from 220 chief executives/deputy chief executives who participated in this research. The results suggest that environmental and organizational factors impact on CE which in turn influences firm performance in terms of both financial and non-financial aspects. Significantly, non-financial performance was found to influence financial outcomes. This paper demonstrates that CE is important not only for wealth creation but also for efficient processes and operations, all of which reflect on overall performance. As there is a dearth of empirical research in this area. this paper makes, a useful contribution to knowledge by highlighting the CE initiatives afThai SMfs to survive future crisis and stiff competition in the Asian region.

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http://hdl.handle.net/10453/17344