The index assesses the innovation capabilities of 132 economies worldwide. Thailand remains in 43rd place, maintaining its ranking from the previous year. This places Thailand at 3rd position in Asean, following Singapore (5th) and Malaysia (36th). However, there have been movements in various categories, with Thailand notably rising to 22nd position in Market Sophistication out of 132 countries.
Rachapruk Phakka, director of the National Innovation Agency (NIA), noted that Thailand performs well in several factors compared to the global average. In the East and Southeast Asia region, Thailand is 9th out of 16 countries and continues to hold the 3rd position in Asean.
Thailand’s strengths lie in research, with a significant number of researchers capable of creating diverse innovations. Furthermore, private sector investment in research and development is robust.
WIPO also ranked…
