The Effects of Social Entrepreneurship on the Perceived Performance of Social Enterprises in Thailand
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Abstract
The objectives of this research were to examine: (1) the effects of social entrepreneurship on effective teams, innovation, and competitiveness of social enterprises in Thailand; (2) the effects of effective teams on innovation and competitiveness; (3) the effects of innovation on competitiveness and perceived performance; and (4) the effects of competitiveness on perceived performance of social enterprises in Thailand. This study employed a mixed-methods research design. Qualitative data were collected through in-depth interviews with 9 key informants, while quantitative data were gathered from 440 executives and personnel in social enterprises. The data were analyzed using Structural Equation Modeling (SEM). The results revealed that: (1) social entrepreneurship had a positive effect on effective teams but did not affect innovation and competitiveness; (2) effective teams did not affect innovation but had a positive effect on competitiveness; (3) innovation had a positive effect on competitiveness and perceived performance; and (4) competitiveness had a positive effect on perceived performance of social enterprises in Thailand. The findings reflect that social entrepreneurship is a crucial factor in developing effective teams, which serve as a foundation for strengthening competitiveness. Furthermore, when innovation is continuously developed, it helps enhance both the competitiveness and organizational performance. Therefore, social enterprises should prioritize fostering social entrepreneurship, building effective teams, and promoting innovation to enhance competitiveness and achieve sustainable growth.
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References
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