Competency Management of Human Capital: Supporting Role for Innovation Strategy and Firm Performance
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Creator Yuttana Sae-Tieow
Title Competency Management of Human Capital: Supporting Role for Innovation Strategy and Firm Performance
Contributor Nantawut Leeamornsiri
Publisher Business Administration Kasetsart University
Publication Year 2565
Journal Title Kasetsart Applied Business Journal
Journal Vol. 16
Journal No. 25
Page no. 83-102
Keyword Competency Management, Innovation, Firm Performance, SEM
URL Website https://so04.tci-thaijo.org/index.php/KAB/about
Website title http://journal.bus.ku.ac.th/
ISSN 25396250 ONLINE
Abstract This research aims to analyze the influence of competency management factors on innovation strategies and firm performance. The population was 1,039 innovative firms from government databases. Sampling without replacement were used to random 203 samples. The research instrument was the 5-rating scale questionnaire. Structural Equation Model (SEM) using LISREL was used to analyze the data. The finding revealed that structure equation model was congruent with empirical data. The result from path analysis revealed that competency management had a positive influencing innovation strategy and influencing firm performance. Innovation strategy also had a positive influencing firm performance. And competency management had positive influencing firm performance via innovation strategy. This paper provides the benefits to businesses by providing competency management model to promote innovation strategy and enhance firm performance. In academic perspective, the results of this research support AMO theory, theory of strategic fit between human resource management strategy and organizational strategy and resource-based view theory
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