International Journal of Entrepreneurship (Print ISSN: 1099-9264; Online ISSN: 1939-4675)

Abstract

Development of Business Performance under Environmental Uncertainty: Lesson from Thailand's Eastern Economic Corridor

Author(s): Supamit Srisawat, Wissawa Aunyawong

 At present, Thai government has a policy of special development zones in the eastern Thailand to increase the country's competitiveness. Therefore, this research aims to examine the moderating role of environmental uncertainty on the effect of logistics and supply chain flexibility on performance of businesses in the Eastern Economic Corridor (EEC). The research was a quantitative study using questionnaires as a research instrument. Data were collected from 360 companies in the EEC obtained by stratified sampling. The statistics used in the data analysis were the structural equation model (SEM). The results showed that logistics and supply chain flexibilities had a positive effect on business performance with the mediation effect of environmental uncertainty. In addition, this research suggests that educational institutions, the companies and related departments should jointly provide training courses on how to improve logistics and supply chain flexibilities under the uncertainty of the current business environment.

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