International Journal of Engineering Business Management (Nov 2021)

Analyzing the importance of critical success factors for the adoption of advanced manufacturing technologies

  • Sakonphot Sukathong,
  • Poonpong Suksawang,
  • Thanakorn Naenna

DOI
https://doi.org/10.1177/18479790211055057
Journal volume & issue
Vol. 13

Abstract

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The adoption of new technologies is the most important phase for integrating new technologies into the traditional processes of an organization. This study aims to assess the importance of critical success factors by developing a critical success factor framework, relationship, and subfactors that influence the adoption of advanced manufacturing technologies (AMTs) in small- and medium-sized enterprises (SMEs). The framework was developed based on previous studies that were grouped into five critical success factors, namely, strategy, organization, top management, environment, and technology. We then applied structural equation modeling (SEM). A total of 212 samples were gathered and grouped. The results indicate that strategy is the most important critical success factor, followed by organization, top management, technology, and environment.