THAILAND INNOVATION PERFORMANCE AND TREND

Authors:

Sakgasem Ramingwong,Jutamat Jintana,Tanyanuparb Anantana,Apichat Sopadang,KorrakotYaibuathet Tippayawong,Salinee Santiteerakul,

DOI NO:

https://doi.org/10.26782/jmcms.2020.07.00007

Keywords:

Thailand,Global Innovation Index ,innovation performance and trend,

Abstract

Despite the world’s 20th largest economy, Thailand's innovation ecosystem is questionable, ranked the world’s 43rd in Global Innovation Index 2019 report.  The paper aims at investigating the innovation performance and trend of Thailand based on 7 aspects of innovation inputs and outputs.  Referred to the data dated back to 2011, knowledge and technology outputs, human capital and research, institutions, and creative inputs are considered Thai strengths with progressive improvement.  Market sophistication is strong but there has been no significant improvement.  Business sophistication is considerably weak but there is a sign of improvement.  Infrastructure is the most concerning issue.

Refference:

I. A. Limcharoen, V.Jangkrajarng, W.Wisittipanich, S. Ramingwong, “Thailand logistics trend: Logistics performance index”. International Journalof Applied Engineering Research, Vol: 12, Pages: 4882-4885, 2017.
II. A. Sopadang, N. Chonsawat, S. Ramingwong, “Smart SME 4.0 Implementation Toolkit”. in Industry 4.0 for SMEs. Palgrave Macmillan, Cham, 2020.
III. B. Å.Lundvall, “Why study national systems and national styles of innovation?”. Technology Analysis & Strategic Management, Vol: 10, Issue: 4, Pages: 403-422, 1998.
IV. B. Mercan, D. Goktas, “Components of innovation ecosystems: a cross-country study”. International Research Journal of Finance and Economics, Vol: 76, Issue: 16, Pages: 102-112, 2011.
V. C. Chaminade, P.Intarakumnerd, K. Sapprasert, “Measuring systemic problems in national innovation systems”. An application to Thailand. Research Policy, Vol: 41, Issue: 8, Pages: 1476-1488, 2012.
VI. C. Jones, P.Pimdee, “Innovative ideas: Thailand 4.0 and the fourth industrial revolution”. Asian International Journal of Social Sciences, Vol: 17, Issue: 1, Pages: 4-35, 2017.
VII. Cornell University, INSEAD, WIPO, “The Global Innovation Index 2013: The Local Dynamics of Innovation”. Geneva, Ithaca, and Fontainebleau, 2013.
VIII. Cornell University, INSEAD, WIPO,“The Global Innovation Index 2014: The Human Factor In innovation”. Fontainebleau, Ithaca, and Geneva, 2014.
IX. Cornell University, INSEAD, WIPO, “The Global Innovation Index 2015: Effective Innovation Policies for Development”. Fontainebleau, Ithaca, and Geneva, 2015.
X. Cornell University, INSEAD,WIPO, “The Global Innovation Index 2016: Winning with Global Innovation”. Ithaca. Fontainebleau, and Geneva, 2016.
XI. Cornell University, INSEAD, WIPO, “The Global Innovation Index 2017: Innovation Feeding the World”. Ithaca, Fontainebleau, and Geneva, 2017.
XII. Cornell University, INSEAD, WIPO, “The Global Innovation Index 2018: Energizing the World with Innovation”. Ithaca, Fontainebleau, and Geneva, 2018.
XIII. Cornell University, INSEAD, WIPO, “The Global Innovation Index 2019: Creating Healthy Lives – The Future of Medical Innovation”. Ithaca, Fontainebleau, and Geneva, 2019.
XIV. D. J. Jackson, “What is an innovation ecosystem”. National Science Foundation, Vol: 1, Issue: 2. 2011.
XV. D. Schiller, “Nascent innovation systems in developing countries: University responses to regional needs in Thailand”. Industry and Innovation, Vol: 13, Issue: 4, Pages: 481-504, 2006.
XVI. D. Schiller, “The potential to upgrade the Thai innovation system by university‐industry linkages”. Asian Journal of Technology Innovation, Vol: 14, Issue: 2, Pages: 67-91, 2006.
XVII. E. G. Carayannis, D. F. J. Cambell, “’Mode 3’and’Quadruple Helix’: toward a 21st century fractal innovation ecosystem”. International Journal of technology management, Vol: 46, Issue: 3-4, Pages: 201-234, 2009.
XVIII. E. Rauch, P. Dallasega, M. Unterhofer, “Requirements and Barriers for Introducing Smart Manufacturing in Small and Medium-Sized Enterprises”. IEEE Engineering Management Review, Vol: 47, Issue: 3, Pages: 87-94, 2019.
XIX. H. Zsifkovits, M.Woschank, S. Ramingwong, W. Wisittipanich, “State-of-the-Art Analysis of the Usage and Potential of Automation in Logistics”. In Industry 4.0 for SMEs (pp. 193-212). Palgrave Macmillan, Cham, 2020.
XX. INSEAD, CII,“Global Innovation Index 2008-2009”, 2008.
XXI. INSEAD, CII, “Global Innovation Index 2009-2010”, 2009.
XXII. INSEAD, “The Global Innovation Index 2011: Accelerating Growth and Development”. Fontainebleau, 2011.
XXIII. INSEAD, WIPO, “The Global Innovation Index 2012: Stronger Innovation Linkages for Global Growth”. Fontainebleau, 2012.
XXIV. J. Jintana, A. Limcharoen, Y. Patsopa, S. Ramingwong, “Innovation Ecosystem of ASEAN Countries”. Amazonia Investiga, Vol: 9, Issue: 28, Pages: 356-364, 2020.
XXV. J.R. Bessant, J. Tidd. “Innovation and Entrepreneurship”. John Wiley & Sons, 2001.
XXVI. J. Wonglimpiyarat, “Government programmes in financing innovations: Comparative innovation system cases of Malaysia and Thailand”. Technology in Society, Vol: 33, Issue: 1-2, Pages: 156-164, 2011.
XXVII. K. B. Kahn, “Understanding innovation”. Business Horizons, Vol: 61, Issue: 3, Pages: 453-460, 2018.
XXVIII. L.M. Branscomb, J.H. Keller, “Investing in innovation: Creating a research and innovation policy that works”. MIT Press, 1999.
XXIX. M. A. R. Garcia, R. Rojas, L. Gualtieri, E. Rauch, D. Matt, “A human-in-the-loop cyber-physical system for collaborative assembly in smart manufacturing”. Procedia CIRP, Vol: 81, Pages: 600-605, 2019.
XXX. M. Lindberg, M. Lindgren, J.Packendorff, “Quadruple Helix as a Way to Bridge the Gender Gap in Entrepreneurship: The Case of an Innovation System Project in the Baltic Sea Region”. Journal of the Knowledge Economy, Vol: 5, Pages: 94-113, 2014.
XXXI. M. Woschank, E. Rauch, H. Zsifkovits, “A Review of Further Directions for Artificial Intelligence, Machine Learning, and Deep Learning in Smart Logistics”. Sustainability, Vol: 12, Issue: 9, Pages: 3760, 2020.
XXXII. N. Chonsawat, A. Sopadang, “The Development of the Maturity Model to evaluate the Smart SMEs 4.0 Readiness”. In Proceedings of the International Conference on Industrial Engineering and Operations Management Bangkok, Thailand, March 5-7, 2019.
XXXIII. NESDB.“The Twelfth National Economic and Social Development Plan (2017-2021)”, 2017.
XXXIV. NESDB, “Gross Domestic Product, Chain Volume Measures: Q1/2019”, 2019.
XXXV. P. Cooke, M.G. Uranga, G.Etxebarria, “Regional innovation systems: Institutional and organizational dimensions”. Research Policy, Vol: 26, Issue: 4-5, Pages: 475-491, 1997.
XXXVI. P. Intarakumnerd, P. A.Chairatana, T. Tangchitpiboon, “National innovation system in less successful developing countries: the case of Thailand”. Research Policy, Vol: 31, Issue: 8-9, Pages: 1445-1457, 2002.
XXXVII. R. R. Nelson, “National innovation systems: a comparative analysis”. Oxford University Press on Demand, 1993.
XXXVIII. S. Durst, P. Poutanen, “Success factors of innovation ecosystems-Initial insights from a literature review”. Co-create,Pages: 27-38, 2013.
XXXIX. S. Dutta, INSEAD, S. Caulkin, “The World’s Top Innovators”. World Business, Vol: 8, Pages: 26-37, 2007.
XL. S. J. Kline, N. Rosenberg, “An overview of innovation”. in Studies On Science And The Innovation Process: Selected Works of Nathan Rosenberg, Pages: 173-203, 2010.
XLI. S. Klaus, “The Global Competitiveness Report 2019”. World Economic Forum, Geneva, 2019.
XLII. S. Ramingwong, W.Manopiniwes, “Supportment for organization and management competences of ASEAN community and European Union toward Industry 4.0”. International Journal of Advanced and Applied Sciences, Vol: 6, Issue: 3, Pages: 96-101, 2019.
XLIII. S. Ramingwong, W.Manopiniwes, V.Jangkrajarng, “Human Factors of Thailand Toward Industry 4.0”. Management Research and Practice, Vol: 11, Issue: 1, Pages: 15-25, 2019.
XLIV. S. Santiteerakul, K. Y.Tippayawong, P.Dallasega, K.Nimanand, S. Ramingwong, “Logistics performance review: European Union and ASEAN community”. Journal of Applied Economic Sciences, Vol: 13, Pages: 1175-1180, 2018.
XLV. S. Tiwong, S. Ramingwong, K. Y. Tippayawong, “On LSP Lifecycle Model to Re-design Logistics Service: Case Studies of Thai LSPs”. Sustainability, Vol: 12, Issue: 6, Pages: 2394, 2020.
XLVI. SDPD, “NESDC Economic Report: Thai Economic Performance in Q3 and Outlook for 2019 – 2020”, 2019.
XLVII. W. Manopiniwes, K. Y.Tippayawong, J.Numkid, S.Santiteerakul, S. Ramingwong, P.Dallasega, “On Logistics Potential of Thai Industry in Identifying Gap to Logistics 4.0”. Journal of Engineering and Applied Sciences, Vol: 14, Pages: 1608-1613, 2019.

View Download