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Entrepreneurship in Regional Innovation Clusters
Case Study of Chiang Mai and Chiang Rai, Thailand

Series:OECD Studies on SMEs and Entrepreneurship
ISBN 9789264744851
Publication year: 2021

Cdn: $70.00; US: $48.00
Paperback
Language: English
143 pages
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Due in November 2021.

This report evaluates how to strengthen Thailand's SME and entrepreneurship policies to promote innovative entrepreneurship and SME innovation at regional level. This is critical in supporting a shift towards a more innovation-driven and regionally-balanced economy in Thailand. The report illustrates the needs by taking a specific policy case, namely activating new and small firms in the development of an innovation cluster in the advanced agriculture and biotechnology and food for the future sectors in Chiang Mai and Chiang Rai regions in northern Thailand.

The report examines policy options in four major areas affecting the cluster: strengthening the local entrepreneurship ecosystem for example in scale-up finance and entrepreneurial culture; upgrading business development services so they that the match the requirements of SME innovation; attracting foreign direct investment and brokering supply chain linkages with local SMEs; and creating a cluster management organisation to co-ordinate policy.

The report makes policy recommendations illustrated by international inspiring policy practice examples in each area. It shares a vision for translating Thailand's new-found biotechnology research strengths into economic development by stimulating innovation absorption by SMEs and commercialisation by start-ups and scale-ups.

Small and medium-sized enterprises (SMEs) and entrepreneurs are fundamental to innovation, economic growth and job creation, and play a critical role in social cohesion. This series provides a means for assessing and improving the performance, design and implementation of SME and entrepreneurship policies, and for sharing policy experiences among OECD member countries and partner economies. They are based on a standard methodology, including a diagnostic questionnaire completed by national authorities, study missions and fieldwork, and are peer reviewed by the OECD Working Party on SMEs and Entrepreneurship.
Entrepreneurship in Regional Innovation Clusters
Cdn: $70.00; US: $48.00
OECD - in English BookID: 128969 Added: 2021.11.19