Capability Development

Tanai Khiaonarong () and Jonathan Liebenau ()
Additional contact information
Tanai Khiaonarong: University of Westminster and Bank of Thailand
Jonathan Liebenau: London School of Economics and Political Science

Chapter 6 in Banking on Innovation, 2009, pp 117-144 from Springer

Abstract: Abstract We have seen that the Asian economies studied have undergone considerable changes in payment systems and that this has affected commercial banking. In this chapter we show in detail how innovation has occurred in the Thai banking sector. In Thailand banks were placed under enormous pressure to innovate in the mid-late 1990s first by a push towards financial services liberalisation, followed closely by a major financial crisis. In this transformative period numerous innovations arose and we show how the banking community responded to them and the means by which they were disseminated and implemented. We assess survey results that illustrate the broad indicators of innovation. We apply these assessments to IT introduction and usage in the commercial banking industry, the level of automation among types of payment routines, and the major sources of commercial bank capabilities contributing to, or constraining, innovation.

Keywords: Central Bank; Smart Card; Commercial Bank; Payment System; Technological Capability (search for similar items in EconPapers)
Date: 2009
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:conchp:978-3-7908-2333-2_6

Ordering information: This item can be ordered from
http://www.springer.com/9783790823332

DOI: 10.1007/978-3-7908-2333-2_6

Access Statistics for this chapter

More chapters in Contributions to Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().