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Assessing Thai entrepreneur performance : Steps toward a new venture production function / Chris Batstone, Geoff Perry and Pussadee Polsaram

This paper describes the development and estimation of a New Venture Production Function (NVPF). It focuses on technical aspects of a project undertaken as a research collaboration between business economists and educators from the Auckland University of Technology(AUT) and The University of the Tha...

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Main Authors: Batstone, Chris, Perry, Geoff, Polsaram, Pussadee
Format: Article
Language:English
Published: Universiti Teknologi MARA Cawangan Pahang 2005
Subjects:
Economics
Human capital
Business education
Online Access:http://ir.uitm.edu.my/id/eprint/31530/1/31530.pdf
http://ir.uitm.edu.my/id/eprint/31530/
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spelling my.uitm.ir.315302021-01-07T07:02:20Z http://ir.uitm.edu.my/id/eprint/31530/ Assessing Thai entrepreneur performance : Steps toward a new venture production function / Chris Batstone, Geoff Perry and Pussadee Polsaram Batstone, Chris Perry, Geoff Polsaram, Pussadee Economics Human capital Business education This paper describes the development and estimation of a New Venture Production Function (NVPF). It focuses on technical aspects of a project undertaken as a research collaboration between business economists and educators from the Auckland University of Technology(AUT) and The University of the Thai Chamber of Commerce (UTCC) investigating the attributes of successful Thai SME entrepreneurs in post currency crisis Thailand .The motivation for the innovation described in the paper is the questionable reliability of performance data collected by survey questions probing performance in a population of entrepreneurs. The NVPF is configured as a simple Cobb-Douglas specification estimated in first differences. The model estimation is based in a convenience sub-sample of 75 new venture entreneurs taken from a total sample of 537 Thai SME entrepreneurs surveyed by UTCC graduate students in October 2000. Hypothesis testing shows that the relationships predicted by theory between annual changes to new venture output and financial and human capital are evident in this population of entrepreneurs. This analytic convenience enables analysis of survey questions couched terms of percentage change of sales. This measure of Thai SME performance is designed to circumvent potential weaknesses in data provided by survey respondents. Universiti Teknologi MARA Cawangan Pahang 2005-06 Article PeerReviewed text en http://ir.uitm.edu.my/id/eprint/31530/1/31530.pdf Batstone, Chris and Perry, Geoff and Polsaram, Pussadee (2005) Assessing Thai entrepreneur performance : Steps toward a new venture production function / Chris Batstone, Geoff Perry and Pussadee Polsaram. Gading Business and Management Journal, 9 (1). pp. 55-63. ISSN 2600-7568
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic Economics
Human capital
Business education
spellingShingle Economics
Human capital
Business education
Batstone, Chris
Perry, Geoff
Polsaram, Pussadee
Assessing Thai entrepreneur performance : Steps toward a new venture production function / Chris Batstone, Geoff Perry and Pussadee Polsaram
description This paper describes the development and estimation of a New Venture Production Function (NVPF). It focuses on technical aspects of a project undertaken as a research collaboration between business economists and educators from the Auckland University of Technology(AUT) and The University of the Thai Chamber of Commerce (UTCC) investigating the attributes of successful Thai SME entrepreneurs in post currency crisis Thailand .The motivation for the innovation described in the paper is the questionable reliability of performance data collected by survey questions probing performance in a population of entrepreneurs. The NVPF is configured as a simple Cobb-Douglas specification estimated in first differences. The model estimation is based in a convenience sub-sample of 75 new venture entreneurs taken from a total sample of 537 Thai SME entrepreneurs surveyed by UTCC graduate students in October 2000. Hypothesis testing shows that the relationships predicted by theory between annual changes to new venture output and financial and human capital are evident in this population of entrepreneurs. This analytic convenience enables analysis of survey questions couched terms of percentage change of sales. This measure of Thai SME performance is designed to circumvent potential weaknesses in data provided by survey respondents.
format Article
author Batstone, Chris
Perry, Geoff
Polsaram, Pussadee
author_facet Batstone, Chris
Perry, Geoff
Polsaram, Pussadee
author_sort Batstone, Chris
title Assessing Thai entrepreneur performance : Steps toward a new venture production function / Chris Batstone, Geoff Perry and Pussadee Polsaram
title_short Assessing Thai entrepreneur performance : Steps toward a new venture production function / Chris Batstone, Geoff Perry and Pussadee Polsaram
title_full Assessing Thai entrepreneur performance : Steps toward a new venture production function / Chris Batstone, Geoff Perry and Pussadee Polsaram
title_fullStr Assessing Thai entrepreneur performance : Steps toward a new venture production function / Chris Batstone, Geoff Perry and Pussadee Polsaram
title_full_unstemmed Assessing Thai entrepreneur performance : Steps toward a new venture production function / Chris Batstone, Geoff Perry and Pussadee Polsaram
title_sort assessing thai entrepreneur performance : steps toward a new venture production function / chris batstone, geoff perry and pussadee polsaram
publisher Universiti Teknologi MARA Cawangan Pahang
publishDate 2005
url http://ir.uitm.edu.my/id/eprint/31530/1/31530.pdf
http://ir.uitm.edu.my/id/eprint/31530/
_version_ 1688550861805977600
score 13.222552

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