The Causal Factors of Competitive Advantage and Business Performance of the Automotive Parts Industry Business Group in Thailand

This article aims to study the factors influencing the competitive advantage and business performance of automotive parts manufacturers in Thailand, focusing on technology, lean strategy, and innovation adoption.Data was collected using questionnaires from 400 automotive parts manufacturers, and the data was analyzed using structural equation modeling (SEM).The research results indicate that technology and lean strategy positively affect competitive advantage and business performance.Competitive advantage plays a crucial role in mediating the effects of these factors on business performance.

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Publication Details

Journal
Pakistan Journal of Life and Social Sciences (PJLSS)
Published
2024-09-02
DOI
https://doi.org/10.57239/pjlss-2025-23.1.008
Primary Topic
Global Trade and Competitiveness
Type
article
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article

The Causal Factors of Competitive Advantage and Business Performance of the Automotive Parts Industry Business Group in Thailand

Niwat Chantharat, Ketchana Wantanee
1 links
Pakistan Journal of Life and Social Sciences (PJLSS)
Global Trade and Competitiveness
article

The Causal Factors of Competitive Advantage and Business Performance of the Automotive Parts Industry Business Group in Thailand

Niwat Chantharat, Ketchana Wantanee
article en

Abstract

This article aims to study the factors influencing the competitive advantage and business performance of automotive parts manufacturers in Thailand, focusing on technology, lean strategy, and innovation adoption.Data was collected using questionnaires from 400 automotive parts manufacturers, and the data was analyzed using structural equation modeling (SEM).The research results indicate that technology and lean strategy positively affect competitive advantage and business performance.Competitive advantage plays a crucial role in mediating the effects of these factors on business performance.

Pakistan Journal of Life and Social Sciences (PJLSS)Vol. 23(1)
Industry, innovation and infrastructure
Openalex Percentile: Top 75%
Global Trade and Competitiveness
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