Learning Orientation And Innovative Capabilities Affecting Performance Of Companies Listed On The Stock Exchange Of Thailand

Abstract

The objectives of this research were to study the learning orientation and innovative capabilities affecting the performance of companies listed on the Stock Exchange of Thailand by using a questionnaire as a tool to collect information from the 273 executives of the companies listed in the database of the Stock Exchange of Thailand. Data analysis was done using a structural equation model (SEM) to develop the model, as well as to check the consistency between the model and the empirical data, and study the influence of the factors. The results found that the model and the empirical data were conditionally consistent (Chi-square = 82.11, df = 63, Chi-square/df = 1.30, p = 0.72, RMSEA = 0.00, GFI = 0.97, AGFI = 0.98). It found that the learning orientation of the executives had a direct influence on a company's innovative capabilities and also had a direct and indirect influence on the company's performance with statistically significant at the 0.05 level. The importance of focusing on the learning orientation and innovative capabilities leads to increased company performance