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Source: Journal Citation ReportsTM from ClarivateTM 2022

Entrepreneurship and Sustainability Issues Open access
Journal Impact FactorTM (2022) 1.7
Journal Citation IndicatorTM (2022) 0.42
Received: 2020-03-10  |  Accepted: 2020-08-08  |  Published: 2020-12-30

Title

Indicators of strategic intuition for SMEs' entrepreneurs: evidence from Thailand


Abstract

The main objective of this research is to study and develop the strategic intuition indicators of small and medium-sized enterprises (SMEs) in Thailand. The results will serve as a guideline for creating a model to develop the strategic intuition capability of entrepreneurs in Thailand in the future. The research studies relevant literature from empirical data and tests the consistency of a linear structural relationship model by using component analysis techniques. A questionnaire was used to collect data from a sample of entrepreneurs who are SMEs from the database of the Thailand Exporter Directory, the Ministry of Commerce. The results showed that the developed strategic intuition model is in harmony with empirical data, with the strategic intuition variables consisting of three main components: (1) Sensing capabilities, (2) Aggressive thinking capabilities, and (3) Strategic decision capabilities, with a positive value. It was also found that in each component of the measurement model, strategic insight had the same straightness, and the variability of the structural confidence values passed the standard criteria.


Keywords

strategic intuition, intuition indicator, entrepreneurs, Small and Medium-sized Enterprises (SMEs), Thailand


JEL classifications

L26 , M10 , M40 , O15


URI

http://jssidoi.org/jesi/article/685


DOI


Pages

51-63


Funding

This research was partially supported by the new strategic research (P2P) project, and it also was supported by Institute of Research and Innovation, Walailak University, Thailand.

This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Aujirapongpan, Somnuk
Walailak University, Thai Buri, Thailand https://wuic.wu.ac.th
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Songkajorn, Yaninee
Walailak University, Thai Buri, Thailand https://wuic.wu.ac.th
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Hareebin, Yuttachai
Phuket Rajabhat University, Phuket, Thailand https://www.pkru.ac.th
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Deelers, Sirichai
Silpakorn University, Petchaburi, Thailand https://www.su.ac.th
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Jutidharabongse, Jaturon
Walailak University, Thai Buri, Thailand https://wuic.wu.ac.th
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Journal title

Entrepreneurship and Sustainability Issues

Volume

8


Number

2


Issue date

December 2020


Issue DOI


ISSN

ISSN 2345-0282 (online)


Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Google Scholar

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References