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JSS> Vol.2 No.9, September 2014
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Key Factors for Successful Entrepreneurship in Thailand

Abstract Full-Text HTML Download Download as PDF (Size:269KB) PP. 116-121
DOI: 10.4236/jss.2014.29020    4,457 Downloads   5,254 Views   Citations
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Michael Ha1*, Uthit Siriwan2, Chotika Ramabut2, Nutchuda Thitikalaya2, Tassanee Thitikanlaya2, Chutikarn Kiatnarong2

Affiliation(s)

1Department of Mathematical Sciences, Xi’an Jiaotong-Liverpool University, Suzhou, China.
2Faculty of Business, Charisma University, Turk and Caicos Islands, United Kingdom.

ABSTRACT

A causal relationship among key critical success factors of successful entrepreneurs in Thailand is proposed. A new business innovation management model is established using data sampling of 250 successful entrepreneurs from various industry sectors in Thailand. The data were analyzed by performing mean, standard deviation calculations, factor analysis and causal factors affected by LISREL program. Quantitative results showed that the model is consistent with empirical data.

KEYWORDS

Success Factors, Entrepreneurs, Thailand

Cite this paper

Ha, M. , Siriwan, U. , Ramabut, C. , Thitikalaya, N. , Thitikanlaya, T. and Kiatnarong, C. (2014) Key Factors for Successful Entrepreneurship in Thailand. Open Journal of Social Sciences, 2, 116-121. doi: 10.4236/jss.2014.29020.

Conflicts of Interest

The authors declare no conflicts of interest.

References

[1] Ha, M. (2013) Lecture Notes for Course: Entrepreneurial Finance, MSc. in Entrepreneurship & Innovation for a Sustainable World. SKEMA Business School, Suzhou.
[2] Siriwan, U., et al. (2013) The Management of Small and Medium Enterprises to Achieve Competitive Advantages. Conference of the International Journal of Arts & Sciences, 6, 154-156.
[3] Kaplan, R.S. and Norton, D.P. (1993) Putting the balanced scorecard to work. Harvard Business Review, 71, 134.
[4] Kaplan, R.S. and Norton, D.P. (1996) The Balanced Scorecard; Translating Strategy into Action. HBS Press, Boston.
[5] Kaplan, R.S. and Norton, D.P. (2000) Having Trouble with Your Strategy? Then Map It. Harvard Business Review, 78, 167-176.
[6] Kaplan, R.S. and Norton, D.P. (2001) The Strategy-Focused Organization: How Balanced Scorecard Companies Thrive in the New Business Environment. HBS Press, Boston.
[7] Kaplan, R.S. and Norton, D.P. (2004) Strategy Maps: Converting Intangible Assets into Tangible Outcomes. HBS Press, Boston.
[8] Kaplan, R.S. and Norton, D.P. (2006) Alignment: Using the Balanced Scorecard to Create Corporate, Synergies. HBS Press, Boston.

  
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