Industrial Innovation in Thailand: The Electronics, Automotive and Seafood Sectors

Patarapong Intarakumnerd ()
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Patarapong Intarakumnerd: National Graduate Institute for Policy Studies

Chapter 6 in Southeast Asia beyond Crises and Traps, 2017, pp 167-192 from Palgrave Macmillan

Abstract: Abstract Thailand had a mixed record in industrial development. Its average growth rate in the past 50 years was relatively high and the country has moved from a low-income to upper middle-income country. Nevertheless, it was not so successful in terms of deepening its technological and innovative capabilities. By examining three leading industries (electronics, automotive, and frozen seafood), this chapter illustrates that, to a considerable extent, the situation has changed since the late 1990s. Both foreign and local firms paid much more attention to strengthening their technological capabilities. The presence of lead firms in pressuring and incentivising other firms, and sector-specific government policies are very important contributing factors.

Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:pal:stuchp:978-3-319-55038-1_6

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DOI: 10.1007/978-3-319-55038-1_6

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