IDEAS home Printed from https://ideas.repec.org/a/gam/jadmsc/v13y2023i8p188-d1217318.html
   My bibliography  Save this article

The Relationship between Institutional Environments and Thai Hospitality-Oriented Entrepreneurship through the Moderating Role of Educational Support: A Mixed Methods Approach

Author

Listed:
  • Wisuwat Wannamakok

    (Graduate School, Business and Management, Dusit Thani College, Bangkok 10250, Thailand)

  • Wilasinee Yonwikai

    (Graduate School, Business and Management, Dusit Thani College, Bangkok 10250, Thailand)

Abstract

This research draws upon an institutional theory framework to explore the underlying factors that influence opportunity-driven and necessity-driven entrepreneurship. The objective is to analyze how the institutional environment either supports or impedes the establishment and expansion of ventures within the Thai hospitality industry. By examining the interplay between the country’s institutional determinants and entrepreneurial behaviors, the study contributes to the existing body of academic literature on entrepreneurship and institutional theory. Furthermore, education support is treated as a moderator in the relationship between the three determinants of the institutional environment theory: regulatory, cognitive, and normative dimensions, and opportunity-necessity-driven entrepreneurship activity. This study adopted a mixed methods approach. For the quantitative approach, national data were mainly collected from the GEM and IEF databases from 2015 to 2018 (n = 939) using binary logistic regression to validate the hypotheses. Regarding the qualitative approach, data were obtained through in-depth interviews with 20 hotel and restaurant entrepreneurs. The findings indicated that the normative and cognitive determinants have a direct impact on both opportunity-driven and necessity-driven entrepreneurship activity. Additionally, the study reveals that the relationship between a regulative environment and opportunity-necessity entrepreneurship activity is moderated by educational support. The results provided new insights into Thailand’s hospitality-oriented entrepreneurship at large.

Suggested Citation

  • Wisuwat Wannamakok & Wilasinee Yonwikai, 2023. "The Relationship between Institutional Environments and Thai Hospitality-Oriented Entrepreneurship through the Moderating Role of Educational Support: A Mixed Methods Approach," Administrative Sciences, MDPI, vol. 13(8), pages 1-24, August.
  • Handle: RePEc:gam:jadmsc:v:13:y:2023:i:8:p:188-:d:1217318
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2076-3387/13/8/188/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2076-3387/13/8/188/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Harrison, Lawrence E., 2008. "The Central Liberal Truth: How Politics Can Change a Culture and Save It from Itself," OUP Catalogue, Oxford University Press, number 9780195331806.
    2. Rakesh Sambharya & Martina Musteen, 2014. "Institutional environment and entrepreneurship: An empirical study across countries," Journal of International Entrepreneurship, Springer, vol. 12(4), pages 314-330, December.
    3. Sander Wennekers & André Stel & Roy Thurik & Paul Reynolds, 2008. "Nascent entrepreneurship and the level of economic development," Small Business Economics, Springer, vol. 30(3), pages 325-325, March.
    4. Aleksandrova, E. & Verkhovskaya, O., 2016. "Motivations to start businesses: Institutional context," Working Papers 6436, Graduate School of Management, St. Petersburg State University.
    5. Zhai Qinghua & Su Jing & Ye Minghai & Xu Yuwen, 2019. "How Do Institutions Relate to Entrepreneurship: an Integrative Model," Entrepreneurship Research Journal, De Gruyter, vol. 9(2), pages 1-16, April.
    6. Jonathan Levie & Erkko Autio, 2008. "A theoretical grounding and test of the GEM model," Small Business Economics, Springer, vol. 31(3), pages 235-263, October.
    7. Bergmann, Heiko & Geissler, Mario & Hundt, Christian & Grave, Barbara, 2018. "The climate for entrepreneurship at higher education institutions," Research Policy, Elsevier, vol. 47(4), pages 700-716.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ali Hussein Samadi, 2019. "Institutions and entrepreneurship: unidirectional or bidirectional causality?," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 9(1), pages 1-16, December.
    2. José Carlos Pinho, 2017. "Institutional theory and global entrepreneurship: exploring differences between factor- versus innovation-driven countries," Journal of International Entrepreneurship, Springer, vol. 15(1), pages 56-84, March.
    3. José Carlos Pinho & Maria Lurdes Martins, 2020. "The opportunity to create a business: Systemic banking crisis, institutional factor conditions and trade openness," Journal of International Entrepreneurship, Springer, vol. 18(4), pages 393-418, December.
    4. R. Sandra Schillo & Ajax Persaud & Meng Jin, 2016. "Entrepreneurial readiness in the context of national systems of entrepreneurship," Small Business Economics, Springer, vol. 46(4), pages 619-637, April.
    5. Aparicio, Sebastian & Urbano, David & Audretsch, David, 2016. "Institutional factors, opportunity entrepreneurship and economic growth: Panel data evidence," Technological Forecasting and Social Change, Elsevier, vol. 102(C), pages 45-61.
    6. Helena Marques, 2017. "Gender, entrepreneurship and development: which policies matter?," Development Policy Review, Overseas Development Institute, vol. 35(2), pages 197-228, January.
    7. Paul Harrison Adjimah & Akli Lawrence Perry, 2014. "Effectiveness of Entrepreneurship Development Programs in Ghanaian Polytechnics," International Review of Management and Marketing, Econjournals, vol. 4(1), pages 78-89.
    8. Zoltan J. Acs & José Ernesto Amorós, 2008. "Introduction: The startup process," Estudios de Economia, University of Chile, Department of Economics, vol. 35(2 Year 20), pages 121-132, December.
    9. Jolanda Hessels & Marco Gelderen & Roy Thurik, 2008. "Entrepreneurial aspirations, motivations, and their drivers," Small Business Economics, Springer, vol. 31(3), pages 323-339, October.
    10. David Urbano & Sebastian Aparicio & Victor Querol, 2016. "Social progress orientation and innovative entrepreneurship: an international analysis," Journal of Evolutionary Economics, Springer, vol. 26(5), pages 1033-1066, December.
    11. Pekka Stenholm & Zoltán J. Ács & Robert Wuebker, 2015. "Exploring country-level institutional arrangements on the rate and type of entrepreneurial activity," Chapters, in: Global Entrepreneurship, Institutions and Incentives, chapter 20, pages 387-404, Edward Elgar Publishing.
    12. Niranjan Chipalkatti & Jonathan P. Doh & Meenakshi Rishi, 2011. "Institutional quality, knowledge spillovers and entrepreneurship," International Journal of Economic Policy in Emerging Economies, Inderscience Enterprises Ltd, vol. 4(4), pages 307-329.
    13. Jose Ernesto Amoros, 2009. "Entrepreneurship and Quality of Institutions: A Developing-Country Approach," WIDER Working Paper Series RP2009-07, World Institute for Development Economic Research (UNU-WIDER).
    14. Larin, Alexander & Tarunina, Elena, 2015. "Entrepreneurial activity and economic development: The shape of the relationship," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 37(1), pages 3-26.
    15. Maribel Guerrero & Radzivon Marozau, 2023. "Assessing the influence of institutions on students’ entrepreneurial dynamics: evidence from European post-socialist and market-oriented economies," Small Business Economics, Springer, vol. 60(2), pages 503-519, February.
    16. Yue Bao & Qi Miao & Ying Liu & Daniel Garst, 2016. "Human Capital, Perceived Domestic Institutional Quality And Entrepreneurship Among Highly Skilled Chinese Returnees," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 21(01), pages 1-21, March.
    17. Francisco Díez-Martín & Alicia Blanco-González & Camilo Prado-Román, 2016. "Explaining nation-wide differences in entrepreneurial activity: a legitimacy perspective," International Entrepreneurship and Management Journal, Springer, vol. 12(4), pages 1079-1102, December.
    18. Lim, Dominic S.K. & Oh, Chang Hoon & De Clercq, Dirk, 2016. "Engagement in entrepreneurship in emerging economies: Interactive effects of individual-level factors and institutional conditions," International Business Review, Elsevier, vol. 25(4), pages 933-945.
    19. Anıl Boz Semerci̇ & Mustafa Çi̇men, 2017. "Environmental incentives of entrepreneurship: Fuzzy clustering approach to OECD countries," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 7(1), pages 1-19, December.
    20. Ratan J. S. Dheer, 2017. "Cross-national differences in entrepreneurial activity: role of culture and institutional factors," Small Business Economics, Springer, vol. 48(4), pages 813-842, April.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jadmsc:v:13:y:2023:i:8:p:188-:d:1217318. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.