The Effect of Entrepreneurial Leadership and Innovation Capability on Sustainable performance: A case of construction company in Bangkok

Main Article Content

Chanokchon Inthachet
Pornlapas Suwannarat

Abstract

Currently, Thailand has entered the 4.0 era and is facing challenges such as the COVID-19 and economic fluctuations affecting construction costs. To develop leadership skills and organizational capabilities. This can be achieved through entrepreneurial leadership and enhancing the economy by innovating to create a competitive advantage. This approach emphasizes economic growth while conducting operations responsibly towards society and the environment, which is integral to sustainable business practices. This research aims to study the relationship and impact of entrepreneurial leadership and Innovation capability on sustainable performance of construction companies in Bangkok. This research is quantitative research using questionnaires as a tool to collect data from construction companies in Bangkok, totaling 400 companies. Statistical methods used for data analysis include mean, standard deviation, multiple correlation analysis, and multiple regression analysis. The research findings indicate that entrepreneurial leadership in the dimensions of creativity, risk management, proactive work, and innovation have positive relationships and impact on overall sustainable performance with the 0.959 R2 value. Additionally, Innovation capability has been found to have positive relationships and impact on overall sustainable performance. Its dimensions include processes, behaviors, strategies, market, and product with the 0.683 R2 value. The results of this study can be used as a guideline for promoting entrepreneurial leadership. and innovative capabilities of the organization for sustainable organizational success.

Article Details

Section
Research Articles

References

ธเนศ มหัทธนาลัย. (2564). แนวโน้มธุรกิจ/อุตสาหกรรม ปี 2564-2566: ธุรกิจรับเหมาก่อสร้าง [อินเทอร์เน็ต].สืบค้นจาก: https://www.krungsri.com"

ปรารถนา หลีกภัย. (2556). ปัจจัยนำความสามารถทางนวัตกรรมและผลต่อการดำเนินงานองค์กร. วารสารนักบริหาร, 3(4), 55-63.

สายทิพย์ โสรัตน์, และมิตภาณี พงษ์พัว. (2556). โมเดลความสัมพันธ์เชิงสาเหตุของภาวะผู้นำเชิงผู้ประกอบการที่มีผลต่อผลการดำเนินการธุรกิจของผู้ประกอบการธุรกิจครอบครับประเภทโรงแรมและรีสอร์ทในประเทศไทย. วารสารสมาคมวิจัย, 18(1), 1-13.

Alpay, G., Bodur, M., Yilmaz, C. & Buyukbalci, P. (2012). How does innovativeness yield superior firm performance? The role of marketing effectiveness. Innovation: Management, Policy & Practice, 14(1), 107-128.

Cabral, J. E. O. (2010). Firms’ dynamic capabilities, innovative types and sustainability: A theoretical framework. Proceedings of XVI International Conference on Industrial Engineering and Operations Management (p. 12), Challenges and Maturity of Production Engineering: competitiveness of enterprises, working conditions, environment. São Carlos, SP, Brazil.

Ding, G. K. C. (2005). Developing a multicriteria approach for the measurement of sustainable

performance. Building Research & Information, 33(1), 3-16. https://www.tandfonline.com/doi/abs/ 10.1080/ 0961321042000322618.

Elkington, J. (1997). Cannibals with Forks: The Triple Bottom Line of 21st Century. Oxford: Capstone.

Ferraresi, A. A., et al. (2012). Knowledge management, market orientation, innovativeness, and organizational outcomes: A study of companies operating in Brazil. Journal of Information Systems and Technology Management, 9(1), 89-108.

Friedman, A. L. & Miles, S. (2006). Stakeholders: Theory and Practice, OUP, Oxford.

Greenberg, D., et al. (2011). The new entrepreneurial leader: Developing leaders who shape social and economic opportunity. San Francisco, CA: Berrett-Koehler.

Gupta, V., MacMillan, I. C., & Surie, G. (2004). Entrepreneurial leadership: Developing and measuring a cross-cultural construct. Journal of Business Venturing, 19(2), 241–260. doi:10.1016/S0883-9026(03)00040-5.

Henry, E.et al. (2013). “Toward innovation measurement in the software industry.” The Journal of Systems Software 86, 5 (May), 1390-1407.

Hajeelateh & Hareebin. (2023). Innovation Capability Affecting to Sustainable Organization Performance of Community Enterprises in Phuket.

Huang, S. K., & Wang, Y. L. (2011). Entrepreneurial orientation, learning orientation and innovation in small and medium enterprises. Procedia-Social and Behavioral Sciences, 24, 563-570.

Harrison et al., (2020). Entrepreneurial leadership measurement: a multi-dimensional construct. University of the West of Scotland, Lanarkshire Campus, Glasgow, UK,

Kuratko, D. F. (2007). Entrepreneurial leadership in the 21st century: Guest editor's perspective. Journal of Leadership & Organizational Studies, 13(4), 1–11.

Karcioglu, F., & Yucel, I. (2004). Aile Isletmeleri Acisindan Girisimci Liderlik ve Onemi-ETSO’ya Bagli Aile Isletmelerinde Bir Uygulama, 1. Aile Isletmeleri Kongresi Kongre Kitabi (415-423), Istanbul: Istanbul Kultur Universitesi Yayinlari.

Melykh, O., & Melykh, K. (2016). Implication of environmental certification and CSR for companies' sustainable performance in developing countries. Journal of Sustainable Development, 9(3), 160-168. https://doi.org/ 10.5539/jsd.v9n3p160.

Naowakhoaksorn, P., et al. (2021). Mediating role of knowledge management capability on the relationship between knowledge-oriented leadership and organizational innovativeness in public organizations. Executive Journal, 41(2), 17-36.

Naowakhoaksorn, P., et al., (2022). Knowledge Management Capability and Innovativeness of Public Organizations: Examining the Moderating Roles of Social Capital and Creative Organizational Climate. Suranaree Journal of Social Science, 16(1), 107-125.

Nor-Aishah, H., Ahmad, N. H., & Thurasamy, R. (2020). Entrepreneurial leadership and sustainable performance of manufacturing SMEs in Malaysia: The contingent role of entrepreneurial bricolage. Sustainability, 12(8), 3100.

Phaneuf, J.,et al. (2016). Personality and Transformational Leadership: The Moderating Effect of Organizational Context.Personality and Individual Differences, 102, 30-35.

Phokha, A., & Ussahawanitchakit, P. (2011). Marketing leadership strategy, marketing outcomes and firm sustainability: Evidence from food product businesses in Thailand. International Journal of Strategic Management 11(3): 1-25.

Putsom W, et al. (2019a). The Effect of Entrepreneurial Leadership, Value Creation and Automotive Parts Manufacturing Businesses Performance in Thailand. Human Resource and Organization Development Journal. 11(2), 1-33.

Putsom W, et al. (2019b). Scale development for measuring entrepreneurial leadership competencies. Human Behavior, Development and Society 20(3): 29–40.

Ruvio, A., Rosenblatt, Z., & Hertz-Lazrowitz, R. (2010). Entrepreneurial Leadership Vision in Nonprofit vs. for-Profit Organizations, The Leadership Quarterly, 21(1), 144-158.

Suwannarat, P., et al. (2010). The characteristics of international joint ventures in Thailand. Journal of International Business and Economics, 10 (1), pp. 85-99. ISSN 1544-8037.

Uysal. F. (2012). An integrated model for sustainable performance measurement in supply chain. Journal of Social and behavioral Sciences, 62, 689–694.

Wang, C.L. & Ahmed, P.K. (2004). The development and validation of the organizational innovativeness construct using confirmatory factor analysis. European Journal of Innovation Management, 7(4), 303-313. Doi: https://doi.org/10.1108/146010604105 65056.

Wingwon, B. (2012). Effects of entrepreneurship, organization capability, strategic decision making and innovation toward the competitive advantage of SMEs enterprises. J. Mgmt. & Sustainability, 2, 137.

Zijlstra, P.H. (2014). When is entrepreneurial leadership most effective. University of Twente, Enschede, The Netherlands.

Translate Thai Reference

Leekpai. P. (2013). Factors leading to innovation capability and effects on organizational performance. Journal of Management, 3(4), 55-63.

Mahatthanalai T. (2021). Business/Industry Trends 2021-2023: Construction Contractor Business [Internet]. Retrieved from: https://www.krungsri.com"

Sorat, S. & Phongpua. M. (2013). Causal relationship model of leadership Entrepreneurs affecting the business performance of family business operators in the hotel and resort category in Thailand. Journal of Research Association, 18(1), 1-13.