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Social and Behavioral Sciences Commons

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2002

Faculty of Commerce - Papers (Archive)

Capabilities

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Full-Text Articles in Social and Behavioral Sciences

Improving The System Of Financial Incentives For Enhancing Thailand's Industrial Technological Capabilities, Tim Turpin, Samuel Garrett-Jones, Paul Robertson, Siracha Charoenpanij, Peter Brimble Jan 2002

Improving The System Of Financial Incentives For Enhancing Thailand's Industrial Technological Capabilities, Tim Turpin, Samuel Garrett-Jones, Paul Robertson, Siracha Charoenpanij, Peter Brimble

Faculty of Commerce - Papers (Archive)

This report provides a summary of current international experiences with financial incentives for supporting technology development and identifies some important implications for public policy in Thailand. International experiences have demonstrated the broader public good that can be achieved through policies and public interventions that stimulate technology learning environments built around clusters or networks of firms and national support institutions. Financial incentives serve as a mediating influence to enhance the flow of knowledge from firms that are closer to a leading technological edge through to those firms where technological skills are lagging. They are therefore an essential tool available to governments ...