The influence of start-up entrepreneurship and disruptive business model on firm performance
Objective: This research aims to develop the constructs and to study the causal relationship between start-up entrepreneurship (SUE), disruptive business models (DBM), and firm performance (FPF) of start-ups in Thailand. Research Design & Methods: A quantitative research, a t...
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| Format: | Article |
| Language: | English |
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Cracow University of Economics
2023-03-01
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| Series: | Entrepreneurial Business and Economics Review |
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| Online Access: | https://eber.uek.krakow.pl/eber/article/view/1906 |
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| _version_ | 1850027971823271936 |
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| author | Napatsaporn Niyawanont |
| author_facet | Napatsaporn Niyawanont |
| author_sort | Napatsaporn Niyawanont |
| collection | DOAJ |
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Objective: This research aims to develop the constructs and to study the causal relationship between start-up entrepreneurship (SUE), disruptive business models (DBM), and firm performance (FPF) of start-ups in Thailand.
Research Design & Methods: A quantitative research, a total of 186 samples from start-ups in Thailand. Data were collected by using online questionnaires with an entrepreneur/start-up founder/co-founder per company. The data were analysed through structural equation modelling.
Findings: The new dimensions of SUE, DBM, and FPF reach a decent level of structural credibility and are suitable for measurement. SUE and DBM had a positive influence on FPF, while SUE had a positive influence on DBM as well.
Implications & Recommendations: The results could be used to advance the potential of start-up entrepreneurs, strengthen the existing business model, or decide to develop a new business model that could develop brand new products/services in the markets to meet customer needs that change with technology advancements.
Contribution & Value Added: The dimensions of the newly developed SUE, DBM, and FPF could be developed dynamically. These new dimensions have contributed to SUE acting as a mechanism of DBM development. The finding show that the new dimensions could be used to develop start-ups; to begin with, the new business model generation, technology-driven products/services development to meet the customer needs and seeking investors network. Thus, the impact of DBM will be strengthened, and the impact of FPF can gain a competitive advantage and improve profitability, as start-ups introduce a new business model with technological innovation that will redefine industries and restructure the economy.
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| format | Article |
| id | doaj-art-b735dbe0725f4d4fb98cd8724a2ea3c8 |
| institution | DOAJ |
| issn | 2353-8821 |
| language | English |
| publishDate | 2023-03-01 |
| publisher | Cracow University of Economics |
| record_format | Article |
| series | Entrepreneurial Business and Economics Review |
| spelling | doaj-art-b735dbe0725f4d4fb98cd8724a2ea3c82025-08-20T02:59:58ZengCracow University of EconomicsEntrepreneurial Business and Economics Review2353-88212023-03-0111110.15678/EBER.2023.110103The influence of start-up entrepreneurship and disruptive business model on firm performanceNapatsaporn Niyawanont0https://orcid.org/0000-0002-1573-8230Faculty of Management Sciences, Bansomdejchaopraya Rajabhat University, Bangkok Objective: This research aims to develop the constructs and to study the causal relationship between start-up entrepreneurship (SUE), disruptive business models (DBM), and firm performance (FPF) of start-ups in Thailand. Research Design & Methods: A quantitative research, a total of 186 samples from start-ups in Thailand. Data were collected by using online questionnaires with an entrepreneur/start-up founder/co-founder per company. The data were analysed through structural equation modelling. Findings: The new dimensions of SUE, DBM, and FPF reach a decent level of structural credibility and are suitable for measurement. SUE and DBM had a positive influence on FPF, while SUE had a positive influence on DBM as well. Implications & Recommendations: The results could be used to advance the potential of start-up entrepreneurs, strengthen the existing business model, or decide to develop a new business model that could develop brand new products/services in the markets to meet customer needs that change with technology advancements. Contribution & Value Added: The dimensions of the newly developed SUE, DBM, and FPF could be developed dynamically. These new dimensions have contributed to SUE acting as a mechanism of DBM development. The finding show that the new dimensions could be used to develop start-ups; to begin with, the new business model generation, technology-driven products/services development to meet the customer needs and seeking investors network. Thus, the impact of DBM will be strengthened, and the impact of FPF can gain a competitive advantage and improve profitability, as start-ups introduce a new business model with technological innovation that will redefine industries and restructure the economy. https://eber.uek.krakow.pl/eber/article/view/1906startup entrepreneurshipdisruptive business modelfirm performancestructural equation modelling |
| spellingShingle | Napatsaporn Niyawanont The influence of start-up entrepreneurship and disruptive business model on firm performance Entrepreneurial Business and Economics Review startup entrepreneurship disruptive business model firm performance structural equation modelling |
| title | The influence of start-up entrepreneurship and disruptive business model on firm performance |
| title_full | The influence of start-up entrepreneurship and disruptive business model on firm performance |
| title_fullStr | The influence of start-up entrepreneurship and disruptive business model on firm performance |
| title_full_unstemmed | The influence of start-up entrepreneurship and disruptive business model on firm performance |
| title_short | The influence of start-up entrepreneurship and disruptive business model on firm performance |
| title_sort | influence of start up entrepreneurship and disruptive business model on firm performance |
| topic | startup entrepreneurship disruptive business model firm performance structural equation modelling |
| url | https://eber.uek.krakow.pl/eber/article/view/1906 |
| work_keys_str_mv | AT napatsapornniyawanont theinfluenceofstartupentrepreneurshipanddisruptivebusinessmodelonfirmperformance AT napatsapornniyawanont influenceofstartupentrepreneurshipanddisruptivebusinessmodelonfirmperformance |