Technological investment of Thai industries and government support

dc.contributor.advisorDirek Patmasiriwatth
dc.contributor.authorVasu Suvanvihokth
dc.date.accessioned2016-06-09T04:16:44Z
dc.date.available2016-06-09T04:16:44Z
dc.date.issued2013th
dc.date.issuedBE2556th
dc.descriptionDissertation (Ph.D. (Economics))--National Institute of Development Administration, 2013.th
dc.description.abstractThis study investigates the behavior of Thai industries’ R&D and innovation activities using the institutional framework in analyses. The theoretical models based on microeconomic foundations, with incorporated institutional attributes, are developed for the analyses of firms’ strategic decisions on technological investment. The empirical study, using firm-level data from Thailand R&D and Innovation activities surveyed the industrial sector of 2009, examines four main hypotheses according to theoretical models; including the variables of socioeconomic, business environment and institutional factors to significantly explain firms’ decisions on whether to carry out R&D or innovation activities, expenditures, allocation efforts and mode of carrying out such activities. The results show that most of the firms’ characteristic and business environment variables; including industry group, ownership status, number of employees, experiences in business, total sales and categories of sales, are significantly related to the probabilities of carrying out R&D or innovation activities. Firms from service industries tend to carry out R&D and innovation less than those from manufacturing industries. Locally-owned firms tend to carry out R&D and innovation more than foreign majority owned firms. Firms having other technological activities are also highly tentative in carrying out such activities. The expenditures for R&D can be explained significantly by total sales, number of R&D staffs, external cooperation with business partners and with universities or public research institutes. For innovations, the expenditures are significantly related to total sales and export portion, experiences, and results of former activities in recent years. We notice that explanatory variables have more effect on innovation expenditure than on the R&D expenditure; the reason may be that innovation activities are considered in the nearest stage of commercialization, so that firms have more chances to get returns from investment quicker and tend to invest more. The effort allocation decisions of firms’ R&D and innovation activities are different. Firms tend to carry out R&D in products more than only processes, or carry out both. The factors significantly related to firms’ decision to carry out only process or both product and process are industry group, information from parent companies and associate companies and from business partners, and intense cooperation with other institutes. For innovation activities, firms tend to carry out both product and process except for some industry groups that tend to carry out more on product only. The reason may be that they have to plan and develop their production or service processes to be ready when the product developments are finished. For both R&D and innovation activities, most firms choose to carry them out by themselves (in-house mode). Some factors that make firms decide to contract out or carry out by both themselves and contract out, for R&D, are being foreign firms, total sales, having intense cooperation with universities or public research institutes, information within the company and from universities or public research institutes. And for innovation activities, the factors are cooperation with business partners and universities or public research institutes, frequent engagement with universities or public research institutes, information from business partners and lack of fund limitations. From the evidence, policy implications propose that government should plan and support firms in carrying out R&D and innovation activities by providing appropriate information for industries, facilitating networking or cooperation both between public research institutes or universities, and among private firms in developing the R&D projects, providing proper funding mechanisms for technology development, and supporting other technological activities which help lead to the firms’ decision on R&D. Further studies are recommended to research more on institutional issues, including the magnitude of their influences, to help handle the problems of R&D institutionalization, and to use panel data which are proper for analyses of dynamic models.th
dc.format.extent126 leavesth
dc.format.mimetypeapplication/pdfth
dc.identifier.doi10.14457/NIDA.the.2013.7
dc.identifier.otherb184593th
dc.identifier.urihttp://repository.nida.ac.th/handle/662723737/3068th
dc.language.isoength
dc.publisherสถาบันบัณฑิตพัฒนบริหารศาสตร์th
dc.rightsThis work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.th
dc.subjectGovernment support -- Thailandth
dc.titleTechnological investment of Thai industries and government supportth
dc.typetext--thesis--doctoral thesis
mods.genreDissertation
mods.physicalLocationNational Institute of Development Administration. Library and Information Centerth
thesis.degree.departmentคณะพัฒนาการเศรษฐกิจth
thesis.degree.grantorสถาบันบัณฑิตพัฒนบริหารศาสตร์th
thesis.degree.levelDoctoralth
thesis.degree.nameDoctor of Philosophyth
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