Mismanaging Innovation Systems

Once recognised as a high-performing Asian newly industrialising economy, Thailand’s growth rate and competitive edge have declined substantially. With slower adoption and movement towards the knowledge –intensive industry, the loss of competitive edge has caused concerns among Thai policy makers, with Thailand succumbing to the middle-income trap. This book analyses Thailand’s declining competitiveness in the past 50 years, taking into consideration both national- and sectoral-level roles and capabilities of key players — a must-read for both students and practitioners with interest in development economics, industrial economics and public policy.