THE RELATIONSHIPS BETWEEN HUMAN CAPITAL, ENTREPRENEURIAL COMPETENCIES AND CAREER SUCCESS OF SME ENTREPRENEURS IN THAILAND

Abstract

In order to survive and compete in the new knowledge-based economy, Thai SME entrepreneurs must enhance their human capital and entrepreneurial competencies. Thus, this study aims to provide a better understanding of the relationships between human capital and entrepreneurial competencies, and the career success of Thai SME entrepreneurs. The hypothesis testing from 388 questionnaires competency factors evinced positive relationships with both objective and subjective career success. This implies that successful SME entrepreneurs are preple who have relatively high levels of human capital and entrepreneurial competencies.