 Seven Unproductive Habits of Thailand’s Ineffective Technology and Innovation Policies: Lessons for other Developing CountriesInstitutions and Economies (formerly known as International Journal of Institutions and Economies), 2015, vol. 7, issue 1, 80-95 Abstract: Though the Thai economy has recorded impressive growth rates over the past 50 years, the country is now in the ‘middle-income trap’ unable to achieve the status of high-income economy and catch-up with the forerunner countries of Asia in technologically sophisticated industries. At the same time, it is losing out to countries such as Indonesia and Vietnam in labour-intensive and resource-based industries. Passive and slow technological learning behaviour of firms in Thailand are the underlying problems. Apart from deficiencies in technological efforts and the strategic intent to upgrade, several firms have continued to perpetuate ineffective technology and innovation policies. Seven unhealthy habits are outlined here to explain Thailand’s ineffective policies. The analysis offers lessons for other developing countries aiming to avoid getting caught in the middle-income trap. Keywords: Innovation; Middle-Income Trap; Policy Learning; Technology; Thailand (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:umk:journl:v:7:y:2015:i:1:p:80-95 Access Statistics for this article More articles in Institutions and Economies (formerly known as International Journal of Institutions and Economies) from Faculty of Economics and Administration, University of Malaya Contact information at EDIRC. |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.