Chatchai Poungsuwan

Type of the article: Research Article

Abstract
Industrial value chains in emerging economies require integrated organizational capabilities to sustain adaptability and applied knowledge under technological and structural change. This study examines the structural relationships among dynamic resources, employee centricity, integrated knowledge, and practical knowledge management and tests a work-applied dynamic resource management framework within Thailand’s industrial value chain.
A quantitative research design employing structural equation modeling was used, based on data collected from 600 executives and business owners across industrial sectors in Thailand. The results showed that the final model fit the empirical data well, with CMIN-p = 0.089, CMIN/DF = 1.118, GFI = 0.962, and RMSEA = 0.014. All hypothesized relationships were statistically significant at p < 0.001. Dynamic resources significantly influenced employee centricity and practical knowledge management, while employee centricity strongly reinforced integrated knowledge, representing the strongest structural path in the model (β = 0.93). The model explained substantial variance in employee centricity, integrated knowledge, and practical knowledge management (R² = 0.80, 0.86, and 0.93, respectively). New S-Curve industries also exhibited the highest overall dynamic resource management construct levels, reflecting stronger adaptive and knowledge-integrative orientations.
The findings indicate that organizational adaptability in industrial value chains is strengthened when adaptive resources, employee-centered governance, and integrated knowledge processes are aligned within a coherent capability structure.

Acknowledgments
The authors gratefully acknowledge the participation of 600 executives from Thai industrial enterprises whose contributions made this research possible. The authors also thank the academic and industry experts for their valuable insights and constructive feedback, which helped improve the rigor and quality of the study.