30 research outputs found

    Knowledge Management for the Diffusion of Knowledge-Based Innovations

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    This paper highlights the case study organisation of the National Science and Technology Development Agency (NSTDA) as a learning organisation. As NSTDA seeks to provide effective mechanisms for supporting smalland medium-sized enterprises (SMEs), it recognises the importance of knowledge as a mechanism for generating innovations. Thailand realises the importance of science and technology (S&T) for economic development, wealth creation and improvement in the quality of life. It is setting the direction and gaining commitment towards knowledge-based economy through the National Economic and Social Development Plans and phased programmes. In its effort to achieve this aim, the National Science and Technology Development Agency (NSTDA) plays a major role in propelling the national knowledge competence for social and economic development

    Thai Banking: A Note on Technological Change and Technological Capabilities

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    This paper reports on the technological capabilities and learning of Thai banking system. It identifies innovation development of the system as it evolved and how the learning process took place. This study is based on a leading technological regime change literature and the results are based on the study of five commercial banks: Bangkok Bank, Siam Commercial Bank, Thai Farmers Bank (Kasikorn Bank), Krung Thai Bank, and Bank of Ayudhya. Mass automation of work procedures occurred during the 1960s and 1970s while the smart automation regime began in the early 1970s. The ways in which the banks improved their technological capabilities via electronic banking services is explored. The results also show that the use of technology in the mass automation regime is carried through to the smart automation regime, showing that the technological change in the banking sector is not revolutionary, but ocurred slowly, i.e. evoled via slow learing process

    Analysis of FinTech in the banking industry

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    Technological change of the energy innovation system: From oil-based to bio-based energy

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    This paper concerns the structural developments and the direction of technological change of the energy innovation system, based on the studies of Kuhn's model of scientific change and Schumpeter's model of technological change. The paper uses the case study of Thai government agencies for understanding the way governments can facilitate technological innovation. The analyses are based on a pre-foresight exercise to examine the potential of the bio-based energy and investigate a set of development policies necessary for the direction of energy system development. The results have shown that bio-based energy is seen as the next new wave for future businesses and one of the solutions to the problem of high oil prices to improve the world's economic security and sustainable development.Oil-based energy Bio-based energy Biofuel Renewable energy Technological change Peak oil

    Financial models insights of strategic R&D project investments

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    Crowd funding dynamics for venture and innovation development

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    Dynamics of financial innovation system

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    This article investigates the financial innovation system, a crucial sectoral innovation system underlying the national innovation system, and business finance issues upon start-up financing to support technology and innovation development. The study highlights the importance of US government financing programmes as a successful model of national institutional framework in promoting economic performance and utilizes the case of Thailand to explore the dynamics of the financial innovation system. The paper examines the government policies and financing programmes of major institutions legitimizing technology and innovation financing activities such as the Ministry of Finance,Ministry of Science and Technology andMinistry of Industry. The results provide empirical evidence of the financial innovation system and useful implications for policy makers to strengthen the national capabilities in science and technology

    Government programmes in financing innovations : comparative innovation system cases of Malaysia and Thailand

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    This paper explores the main government programmes in financing innovations using comparative innovation system cases of Malaysia and Thailand, the emerging tigers of Asian economies. The study provides an empirical evidence of the innovation financing system based on the National Innovation System (NIS) concept. The main argument of the paper is that the role of the state (government’s role) is necessary to improve a country’s absorptive capacity in order to promote technology development. The results have shown the country-specific configuration of interacting institutions to promote industrial technological capabilities. Innovation policies need to be linked to the overarching economic goals and adequately supported by specific programmes to remedy market failures (underinvestment in research and development)
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