The Effect of Human Capital Capabilities on Entreprenuerial Capabilities and the Performance of Thailand's small and Medium Enterprises

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Sumittra Jirawuttinunt
Pratarnporn Jhundraindra

Abstract

The main purpose of this study is to investigate the effect between human capital capabilities and SMEs performance via entrepreneurial capabilities as positive mediating effect on the relationship. The model is tested by collecting data from 302 small and medium enterprises in Thailand and using a mail survey questionnaire as instrument. The multiple regression analysis is statistic for testing the hypothesized relationships. The results revealed that three dimensions of human capital capabilities (professional knowledge and skills, learning and development, and social competence and network) have positive impact on entrepreneurial capabilities and SMEs performance. All of dimensions can explain the predication of entrepreneurial capability at 48.80% and SMEs performance at 52.90 %. In addition, two independent variables such as learning and development, and social competence and network are fully support hypotheses. Overall, this study contributes to manager by exploring human capital capabilities and entrepreneurial capabilities can be achieved by SMEs performance.

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