Main Article Content
The purpose of this research is to investigate the effect of four dimensions of entrepreneurial leadership (EL) on value creation and business performance through the leaders’ perspectives. The structural equation modelling (SEM) approach was used to test the credibility of the four dimensions of EL, which are personal competency (PC), managerial competency (MC), proactive competency (PRC) and technological competency (TC). Value creation and business performance models from prior research were used as the source of this research questionnaire for 235 automotive-parts manufacturers in Thailand. The questionnaire contains thirty-eight items included twenty-eight items on EL, five items on value creation and five items on business performance. The outcomes revealed that the conceptual model generated had a good fit with construct relationships and empirical data results. These data were further investigated within the questions dealing with construct and model relationships by using the explanatory multiple analysis. The results showed that the strong effects of EL and business performance noted are mediated by value creation. It was established that leaders in automotive parts businesses have a chance to influence existing skills and competency that create more value to move toward superior business performance and outcomes. This study concludes and describes the implications of the data for future research in EL theory.
1) The content of article in HROD journal is the author’s wholly responsibility to research, analyze, summarize, compile, and reference data. The editorial department will not be responsible in anyway.
2) The submitted articles in HROD journal must be unpublished before and must not be currently under consideration for publication elsewhere. If it is detected for its repetition, the author must be responsible for infringement of copyright.
3) Authors will be asked to transfer copyright of the article to the Publisher. The article is prohibited to reproduce all or part of the text, unless allowed.
Ahuja, G., & Lampert, C. M. (2001). Entrepreneurship in the large corporation: A longitudinal study of how established firms create breakthrough inventions. Strategic Management Journal, 22(6–7), 521–543.
Amit, R., & Zott, C. (2001). Value creation in e-business. Strategic Management Journal, 22(6–7), 493–520.
Anderson, J. C., & Gerbing, D. W. (1988). Structural equation modeling in practice: A review and recommended two-step approach. Psychological bulletin, 103(3), 411-423.
Arthur, S. J., & Hisrich, R. D. (2011). Entrepreneurship through the ages: Lessons learned. Journal of Enterprising Culture, 19(1), 1–40.
Bagheri, A., Lope Pihie, Z. A., & Krauss, S. E. (2013). Entrepreneurial leadership competencies among Malaysian university student entrepreneurial leaders. Asia Pacific Journal of Education, 33(4), 493–508.
Bagheri, A., & Pihie, Z. A. L. (2011). Entrepreneurial leadership: Towards a model for learning and development. Human Resource Development International, 14(4), 447–463.
Bateman, T. S., & Crant, J. M. (1999). Proactive behavior: Meaning, impact, recommendations. Business Horizons, 42(3), 63–70.
Baum, J. R., Locke, E. A., & Smith, K. G. (2001). A multidimensional model of venture growth. Academy of Management Journal, 44(2), 292–303.
Baylor, A. L., & Ritchie, D. (2002). What factors facilitate teacher skill, teacher morale, and perceived student learning in technology-using classrooms? Computers and Education, 39(4), 395–414.
Becherer, R. C., Haynes, P. J., & Helms, M. M. (2008). An exploratory investigation of entrepreneurial marketing in SMEs: The influence of the owner/operator. Journal of Business and Entrepreneurship, 20(2), 44–63.
Bode, C., de Ridder, D. T. D., & Bensing, J. M. (2006). Preparing for aging: Development, feasibility and preliminary results of an educational program for midlife and older based on proactive coping theory. Patient Education and Counseling, 61(2), 272–278.
Bolívar-Ramos, M. T., García-Morales, V. J., & García-Sánchez, E. (2012). Technological distinctive competencies and organizational learning: Effects on organizational innovation to improve firm performance. Journal of Engineering and Technology Management, 29(3), 331–357.
Calantone, R., & Knight, G. (2000). The critical role of product quality in the international performance of industrial firms. Industrial Marketing Management, 29(6), 493–506.
Chatain, O. (2011). Value creation, competition, and performance in buyer-supplier relationships. Strategic Management Journal, 32(1), 76–102.
Chiesa, V., Giglioli, E., & Manzini, R. (1999). R and D corporate planning: Selecting the core technological competencies. Technology Analysis and Strategic Management, 11(2), 255–279.
Cho, E., & Kim, S. (2015). Cronbach’s coefficient alpha: Well known but poorly understood. Organizational Research Methods, 18(2), 207–230.
Chong, E. (2013). Managerial competencies and career advancement: A comparative study of managers in two countries. Journal of Business Research, 66(3), 345–353.
Chonko, L. B., & Jones, E. (2005). The need for speed: Agility selling? Journal of Personal Selling and Sales Management, 25(4), 371–382.
Collin, J., Hiekanen, K., Korhonen, J. J., Halén, M., Itälä, T., & Helenius, M. (2015). IT Leadership in Transition The Impact of Digitalization on Finish Organizations. Science and Technology. Retrieve on December 1, 2018 from https://aaltodoc.aalto.fi/bitstream/handle/123456789/16540/isbn9789526062433.pdf?sequence=1&isAllowed=y
Conger, J. A., & Kanungo, R. N. (1987). Toward a Behavioral Theory of Charismatic Leadership in Organizational Settings. Academy of Management Review, 12(4), 637–647.
Cortoni, I., LoPresti, V., & Cervelli, P. (2015). Digital Competence Assessment: A Proposal for Operationalizing the Critical Dimension. Journal of Media Literacy Education, 7(1), 46-57.
Diamantopoulos, A., Siguaw, J., & Siguaw, J. A. (2000). Introducing LISREL: A guide for the uninitiated. Introducing LISREL: A guide for the uninitiated. London.
Ensley, M. D., Pearce, C. L., & Hmieleski, K. M. (2006). The moderating effect of environmental dynamism on the relationship between entrepreneur leadership behavior and new venture performance. Journal of Business Venturing, 21(2), 243–263.
Fastré, G., & Van Gils, A. (2007). Competence development in entrepreneurship. In The challenges of educating people to lead in a challenging world. In The challenges of educating people to lead in a challenging world (pp. 385–398). Springer, Dordrecht.
Fernald, L. W., Solomon, G. T., & Tarabishy, A. (2005). A new paradigm: Entrepreneurial leadership. Southern Business Review, 30(2), 1–10.
Fontes, M. (2007). Technological entrepreneurship and capability building in biotechnology. Technology Analysis and Strategic Management, 19(3), 351–367.
Fornell, C., & Larcker, D. F. (1981). Structural equation models with unobservable variables and measurement error: Algebra and statistics. Journal of Marketing Research, 382–388.
García-Zambrano, L., Rodríguez-Castellanos, A., & García-Merino, J. D. (2014). Proactive management of core competencies, innovation and business performance in a period of crisis: The case of Spain. In Entrepreneurship, Innovation and Economic Crisis (pp. 59–68). Cham: Springer.
Gartner, W. B. (1990). What are we talking about when we talk about entrepreneurship? Journal of Business Venturing, 5(1), 15–28.
González-Alvarez, N., & Nieto-Antolín, M. (2005). Protection and internal transfer of technological competencies: The role of causal ambiguity. Industrial Management & Data Systems, 105(7), 841–856.
Griffin, K. W., Botvin, G. J., Scheier, L. M., Epstein, J. A., & Doyle, M. M. (2002). Personal competence skills, distress, and well-being as determinants of substance use in a predominantly minority urban adolescent sample. Prevention Science, 3(1), 23–33.
Gudermann, M. (2011). The relationship between proactive personality, affective commitment and the role of job stressors. Retrieved on December 1, 2018 from https://essay.utwente.nl/59941/1/BSc_M_Gudermann.pdf.
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.
Hair, J. F., Anderson, R. E., Babin, B. J., & Black, W. C. (2010). Multivariate data analysis: A global perspective. London: Pearson Education, Upper Saddle River.
Han, J. K., Kim, N., & Srivastava, R. K. (1998). Market Orientation and Organizational Performance: Is Innovation a Missing Link? Journal of Marketing, 62(4), 30–45.
Harley, W. B. (1995). Eight critical principles of empowerment. Empowerment in Organizations, 3(1), 5–12.
Hellsten, U., & Klefsjö, B. (2000). TQM as a management system consisting of values, techniques and tools. TQM Magazine, 12(4), 238–244.
Hernández Sampieri, R., Fernández Collado, C., & Baptista Lucio, P. (2010). Metodología de la investigación (Vol.3). México: McGraw-Hill.
Hmieleski, K. M., & Ensley, M. D. (2007). A contextual examination of new venture performance: Entrepreneur leadership behavior, top management team heterogeneity, and environmental dynamism. Journal of Organizational Behavior, 28(7), 865–889.
Hynes, B. (1996). Entrepreneurship education and training-introducing entrepreneurship into non-business disciplines. Journal of European Industrial Training, 20(8), 10-17.
Kelm, K. M., Narayanan, V. K., & Pinches, G. E. (1995). The response of capital markets to the R&D process. Technological Forecasting and Social Change, 49(1), 75-88.
Kerr, S., Schriesheim, C. A., Murphy, C. J., & Stogdill, R. M. (1974). Toward a contingency theory of leadership based upon the consideration and initiating structure literature. Organizational Behavior and Human Performance, 12(1), 62-82.
Klemp Jr, G. O. (1980). The assessment of occupational competence. Washington, DC: National Institute of Education.
Kraaijenbrink, J. (2011). A value-oriented view of strategy [Working paper]. University of Twente.
Krueger, N. F., & Brazeal, J. D. V. (1994). Entrepreneurial potential and potential and potential entrepreneurs. Entrepreneurship Theory and Practice. 18(3), 91-104.
Kuratko, D. F. (2007). Entrepreneurial leadership in the 21st century: Guest editor’s perspective. Journal of Leadership & Organizational Studies, 13(4), 1–11.
Le Deist, F. D., & Winterton, J. (2005). What is competence? Human Resource Development International, 8(1), 27–46.
Lee, J., & Hsieh, C. (2010). A research in relating entrepreneurship, marketing capability, innovative capability and sustained competitive advantage. Journal of Business Research, 8(9), 109-119.
Leonard-Barton, D. (1995). Wellsprings of knowledge: Building and sustaining the sources of knowledge. Boston, MA: Harvard Business School Press.
Lepak, D. P., Smith, K. G., & Taylor, M. S. (2007). Value creation and value capture: A multilevel perspective. Academy of Management Review, 32(1), 180–194.
Lokshin, B., Van Gils, A., & Bauer, E. (2009). Crafting firm competencies to improve innovative performance. European Management Journal, 27(3), 187-196.
Markman, G. D., & Baron, R. A. (2003). Person-entrepreneurship fit: Why some people are more successful as entrepreneurs than others. Human Resource Management Review, 13(2), 281–301.
McEvily, S. K., Eisenhardt, K. M., & Prescott, J. E. (2004). The global acquisition, leverage, and protection of technological competencies. Strategic Management Journal, 25(8‐9), 713-722.
Miller, R., & Floricel, S. (2004). Value creation and games of innovation. Research-Technology Management, 47(6), 25-37.
Mingmalairaks, P. (2011). Innovation Adoption in Thai SMEs. RMIT University. Retrieved on December 2, 2018 from https://researchbank.rmit.edu.au/eserv/rmit:14606/Mingmalaraiks.pdf
Mintzberg, H., Ahlstrand, B. W., & Lampel, J. (1998). Strategy Safari: The Complete Guide Through the Wilds of Strategic Management. Harlow (UK): Financial Times.
Morris, M. H., Schindehutte, M., & LaForge, R. W. (2002). Entrepreneurial marketing: a construct for integrating emerging entrepreneurship and marketing perspectives. Journal of Marketing Theory and Practice, 10(4), 1-19.
Murphy, D. M., Hanchett, M., Olmsted, R. N., Farber, M. R., Lee, T. B., Haas, J. P., & Streed, S. A. (2012). Competency in infection prevention: A conceptual approach to guide current and future practice. American Journal of Infection Control, 40(4), 296–303.
Nwokah, N. G., & Ahiauzu, A. I. (2008). Managerial competencies and marketing effectiveness in corporate organizations in Nigeria. Journal of Management Development, 27(8), 858–878.
Patel, P., & Pavitt, K. (1997). The technological competencies of the world’s largest firms: Complex and path-dependent, but not much variety. Research Policy, 26(2), 141–156.
Pirinen, R. & Fränti, M. (2008). Framework and culture of proactive competencies learning: Learning by developing. In Proceedings of the International Conference on Education and Educational Technology (pp. 83–88). 21–23 November, Venice.
Podsakoff, P. M., MacKenzie, S. B., & Bommer, W. H. (1996). Transformational leader behaviors and substitutes for leadership as determinants of employee satisfaction, commitment, trust, and organizational citizenship behaviors. Journal of Management, 22(2), 259-298.
Prieto, L. C. (2010). Proactive Personality and Entrepreneurial Leadership : Exploring the Moderating Role of Organizational. Academy of Entrepreneurship Journal, 16(2), 107–121.
Quan, L. (2015). Perceptions of leadership competencies and the acquisition of them by CEOs in Vietnamese small enterprises. Asian Social Science, 11(4), 17–25.
Rasli, A. M., Norhalim, N., Kowang, T. O., & Qureshi, M. I. (2015). Applying managerial competencies to overcome business constraints and create values: Evidence from small technology-based firms in Malaysia. Journal of Management Info, 2(2), 22–28.
Renko, M., El Tarabishy, A., Carsrud, A. L., & Brännback, M. (2015). Understanding and measuring entrepreneurial leadership style. Journal of Small Business Management, 53(1), 54–74.
Schwartz, A. E., Stiefel, L., & Wiswall, M. (2013). Do small schools improve performance in large, urban districts? Causal evidence from New York City. Journal of Urban Economics, 77, 27–40.
Seibert, S. E., Grant, J. M., & Kraimer, M. L. (1999). Proactive personality and career success. Journal of Applied Psychology, 84(3), 416–427.
Simsek, Z., Jansen, J. J. P., Minichilli, A., & Escriba-Esteve, A. (2015). Strategic leadership and leaders in entrepreneurial contexts: A nexus for innovation and impact missed? Academy of Management Review, 25(1), 217-226., 52(4), 463–478.
Smith, J. B., & Colgate, M. (2007). Customer value creation: a practical framework. Journal of marketing Theory and Practice, 15(1), 7-23.
Smith, T. M., & Reece, J. S. (1999). The relationship of strategy, fit, productivity, and business performance in a services setting. Journal of Operations Management, 17(2), 145-161.
Songkünnatham, P. (2018). The parable of the poisoned arrow: Thailand 4.0 edition. Retrieved on December 10, 2018 from https://isaanrecord.com/2018/06/09/the-parable-of-thepoisoned-arrow-thailand-4-0-edition/
Stanojević, D., Krstić, M., Jaredić, B., & Dimitrijević, B. (2013). Proactive coping as a mediator between resources and outcomes: A structural equations modeling analysis. Applied Research in Quality of Life. 9(4), 871-885.
Suwannarat, P. (2016). The study of export intermediary performance determinants. Multinational Business Review, 24(2), 123–143.
TAPMA. (2018). Thai autoparts manufacturers association’s member. Retrieved on January 5, 2018 from http://www.thaiautoparts.or.th/index.php?op=member-index
Trivellas, P., & Drimoussis, C. (2013). Investigating leadership styles, behavioural and managerial competency profiles of successful project managers in Greece. Procedia - Social and Behavioral Sciences, 73, 692–700.
Turner, R. C., & Carlson, L. (2003). Indexes of item-objective congruence for multidimensional items. International Journal of Testing, 3(2), 163–171.
Varga, E., Budavári-Takács, I., Boda-Kinga, H., & Bárdos, I. (2015). Personal competencies from the perspective of human resource management and the business programmes of higher education. Trendy v Podnikání, 5(4), 22–31.
Wahab, A., & Mahmood, R. (2015). Effect of learning orientation and self-efficacy on performance of university leaders: entrepreneurial leadership as a mediator. In The Annual Convention of Japanese Association of Administrative Science (JAAS). Aichi University, Nagoya Campus, Japan.
Wahab, A., Mahmood, R., & Bakar, S. B. (2015). How do self-efficacy and learning orientation affect performance of university leaders? Journal for Studies in Management and Planning, 1(5), 501–514.
Wang, Y., Po Lo, H., Chi, R., & Yang, Y. (2004). An integrated framework for customer value and customer-relationship-management performance: a customer-based perspective from China. Managing Service Quality: An International Journal, 14(2/3), 169-182.
Wiklund, J., & Shepherd, D. (2005). Entrepreneurial orientation and small business performance: A configurational approach. Journal of Business Venturing, 20(1), 71–91.
Wingwon, B. (2012). Effects of entrepreneurship, organization capability, strategic decision making and innovation toward the competitive advantage of SMEs enterprises. J. Mgmt. & Sustainability, 2, 137-150.
Woodruffe, C. (1993). What is meant by a competency? Leadership & Organization Development Journal, 14(1), 29–36.
Wu, C., & Wang, Y. (2011). Understanding proactive leadership. Retrieved on January 5, 2018 from file:///C:/Users/MBS/Downloads/11_proofread.pdf
Yamane, T. (1973). Statistics: An introduction analysis. Harper & Row.
Yang, C. (2008). The relationships among leadership styles, entrepreneurial orientation, and business performance. Global Transitions International Research, 6(3), 257–275.
Yukl, G. (1989). Managerial Leadership: A Review of Theory and Research. Journal of Management, 15(2), 251–289.
Zahra, S. A., Neubaum, D. O., & El–Hagrassey, G. M. (2002). Competitive Analysis and New Venture Performance: Understanding the Impact of Strategic Uncertainty and Venture Origin. Entrepreneurship Theory and Practice, 27(1), 1–28.
Zott, C., Amit, R., & Donlevy, J. (2000). Strategies for value creation in e-commerce: best practice in Europe. European Management Journal, 18(5), 463-475.