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Friday, May 3, 2024

iHub Chula’s New Breed of Startups to Internationalize the Thai Economy

Newswise — Currently, innovation is what drives global economic trends, as reflected in national policies of many countries, namely Made in China 2025, Manufacturing USA, Japan’s Society 5.0, South Korea’s I-Korea 4.0, and Malaysia’s Industry 4WRD.  Thailand, based on its 20-year national strategy, laid down Thailand 4.0 development plan that will transform its economy from “efficiency-driven” to “innovation-driven” by 2036.

Innovation development requires human resources or “innovators” to create innovations and bring a positive change to the country and the world. Many countries are trying to create incubators and offer desirable incentives to attract top talent from many countries.

Though Thailand started to promote the Thailand 4.0 policy in 2017, the number of high-quality workers is still limited. Chulalongkorn University, therefore, established the…

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