The Influence of Entrepreneurial Self-Efficacy and Innovation on Firm Performance: Evidence from Thai Startup Firms

Klongthong, Worasak; Thavorn, Jakkrit; Thanabodypath, Wasapon; Dhammathattariya, Poksorn; Chandrachai, Achara

doi:10.18488/journal.73.2020.84.450.463

Cited by 14 publications

(10 citation statements)

References 46 publications

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“…Overall, the results confirm the general wisdom in entrepreneurship that cognitions can increase innovation within the firms. Such a consistent understanding can be seen in the results reported by different researchers (e.g., Ashourizadeh et al, 2014;Newman et al, 2018;Thavorn et al, 2020).…”

Section: Discussionsupporting

confidence: 82%

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Cognitions affecting innovation among generation Z entrepreneurs: the external enablement of digital infrastructure

Saeedikiya,

Salamzadeh,

Salamzadeh

et al. 2023

IJEBR

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PurposeThe current research aimed to investigate the external enablement role of Digital Infrastructures (DI) in the interplay of entrepreneurial cognitions and innovation.Design/methodology/approachData from the Global Entrepreneurship Monitor (GEM) and Digital Economy and Society Index (DESI) were used for analyses. This yielded a sample of 8,601 Generation Z entrepreneurs operating in 25 European countries.FindingsApplying hierarchical moderated regressions showed that socio-cognitive components of an entrepreneurial mindset (self-efficacy, risk propensity, opportunity identification) affect innovation among Generation Z entrepreneurs. More importantly, DI plays an external enablement role in the interplay of cognitions and innovation among Generation Z entrepreneurs.Originality/valueThis study contributes to the socio-cognitive theory of entrepreneurship by integrating an external enablement perspective into the study of cognitions and entrepreneurial outcomes (here, innovation). It contributes to the digital technology perspective of entrepreneurship by connecting the conversation about the socio-cognitive perspective of entrepreneurship regarding the role of cognitions in innovation to the conversation in information systems (IS) regarding technology affordances and constraints. This study extends the application of the external enabler framework to the post-entry stage of entrepreneurial activity and integrates a generational perspective into it.

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Section: Discussionsupporting

confidence: 82%

“…Such a consistent understanding can be seen in the results reported by different researchers (e.g. Ashourizadeh et al ., 2014; Newman et al ., 2018; Thavorn et al ., 2020).…”

Section: Discussionmentioning

confidence: 99%

Cognitions affecting innovation among generation Z entrepreneurs: the external enablement of digital infrastructure

Saeedikiya,

Salamzadeh,

Salamzadeh

et al. 2023

IJEBR

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“…As a conclusion, it can be seen that there is a statistically significant effect at the 0.05 level of significance for the Entrepreneurial Self-Efficacy on the performance of the small business in skikda (this result synchronizes with the results of Srimulyani, Hermanto, 2022;Zubair et al, 2021;Shen et al, 2021;Klongthong et al 2020), whereas (27.7%) of changes in the performance of the small business in Skikda resulting from the change in the level of the Entrepreneurial Self-Efficacy, Which calls for the need to work to enhance this efficiency for the owners of these businesses, especially in light of competition and the increase in the number of this type of business in Algeria.…”

Section: Discussionsupporting

confidence: 71%

“…Several studies at the institutional level and in the field of entrepreneurial behavior have shown a positive effect of the entrepreneurial self-efficacy component as one of the internal entrepreneurial capabilities on the performance and competitiveness of small and medium enterprises (Srimulyani, Hermanto, 2022;Zubair et al, 2021;Shen et al, 2021;and Klongthong et al, 2020), This is what the research seeks through the essential question of the impact that entrepreneurial self-efficacy can have on the performance of small enterprises in Algeria (Skikda).…”

Section: A Messikhmentioning

confidence: 99%

The Effect of Entrepreneurial Self-Efficacy on the Performance of Small Businesses in Algeria: A Case Study in Skikda

Messikh

2022

mmr

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The main purpose of this paper is to examine the impact of entrepreneurial self-efficacy (ESE) as one of the dimensions of entrepreneurial spirit on the performance of Small Enterprises (PSEs) in Skikda, Algeria. Based on a self-administered survey questionnaire, data were collected from a random sample of 136 small enterprises (owners) in Skikda. The study adopted both descriptive and regression analyses to estimate the impact of entrepreneurial self-efficacy. Collected data were analyzed using the Statistical Package for Social Sciences (SPSS 23). The findings demonstrate that self-efficacy significantly affects the performance of small enterprises in Skikda. Where 27.7% of changes in the level of small business performance are the result of changes in entrepreneurial self-efficacy, which is considered a mediocre effect, which can be explained by the presence of other factors affecting the performance of these enterprises. However, the presence of this positive impact calls for focusing on raising the self-efficacy of Algerian entrepreneurs.

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“…The advantages of using behavioral loyalty as a measurement construct include that 1) it is based on actual purchases, which are directly related to a firm's performance and existence (Klongthong et al, 2020), it is likely to be incidental, i.e., based on behavior over a period of time; and 3) it is relatively easier to collect than attitudinal data. However, the construct is limited in that it is difficult to distinguish between brand loyalty and repeat buying, which can obscure spurious loyalty.…”

Section: Brand Loyaltymentioning

confidence: 99%

Understanding rural Chinese consumers’ behavior: A stimulus–organism–response (S-O-R) perspective on Huawei’s brand loyalty in China

Klongthong

Thavorn

et al. 2021

Cogent Business & Management

Self Cite

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This study examined the effect of familiarity with the Huawei smartphone brand as a mediator between brand involvement and brand loyalty in China and explored behavioral and attitudinal loyalty as two major components of brand loyalty. An exploratory mixed-methods design grounded in the stimulus-organismresponse (S-OR) framework entailed two rounds interviews to build a hypothetical framework, following which 403 Chinese smartphone users were surveyed to test the hypotheses. The results of structural equation modeling (SEM) to analyze the relationship between brand involvement, brand familiarity, and brand loyalty demonstrate that brand involvement exerted a direct effect of approximately 67% on brand familiarity, which in turn had a direct effect of influencing 47% of the ABOUT THE AUTHOR Zhiyuan Yu was born in Gansu province, China. He earned his master's degree in Business Administration from Assumption University, Thailand. He is currently a lecturer in the College of Forestry, Gansu Agricultural University in China. His research interests include marketing and brand management. Worasak Klongthong received his Master's Degree in Business Administration from the Graduate School of Business, Assumption University. His research interests cover general management, marketing management, and data analytic. Jakkrit Thavorn is a PhD candidate in the Technopreneurship and Innovation Management Program, Chulalongkorn University. He received a Master of Business Administration from Assumption University. His research interests include publication mining, technology and innovation management, strategic management, and business model innovation.

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The Influence of Entrepreneurial Self-Efficacy and Innovation on Firm Performance: Evidence from Thai Startup Firms

Abstract: This study is one of very few studies which have investigated all aspects of firm performance using balanced scorecard (BSC) of Thai startup firms through the exploration of entrepreneurial selfefficacy and types of innovation.

Cited by 14 publications

References 46 publications

Cognitions affecting innovation among generation Z entrepreneurs: the external enablement of digital infrastructure

Cognitions affecting innovation among generation Z entrepreneurs: the external enablement of digital infrastructure

The Effect of Entrepreneurial Self-Efficacy on the Performance of Small Businesses in Algeria: A Case Study in Skikda

Understanding rural Chinese consumers’ behavior: A stimulus–organism–response (S-O-R) perspective on Huawei’s brand loyalty in China

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