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Government programmes in financing innovations: Comparative innovation system cases of Malaysia and Thailand

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  • Wonglimpiyarat, Jarunee

Abstract

This paper explores the main government programmes in financing innovations using comparative innovation system cases of Malaysia and Thailand, the emerging tigers of Asian economies. The study provides an empirical evidence of the innovation financing system based on the National Innovation System (NIS) concept. The main argument of the paper is that the role of the state (government’s role) is necessary to improve a country’s absorptive capacity in order to promote technology development. The results have shown the country-specific configuration of interacting institutions to promote industrial technological capabilities. Innovation policies need to be linked to the overarching economic goals and adequately supported by specific programmes to remedy market failures (underinvestment in research and development).

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  • Wonglimpiyarat, Jarunee, 2011. "Government programmes in financing innovations: Comparative innovation system cases of Malaysia and Thailand," Technology in Society, Elsevier, vol. 33(1), pages 156-164.
    • Handle: RePEc:eee:teinso:v:33:y:2011:i:1:p:156-164
    DOI: 10.1016/j.techsoc.2011.03.009
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    Cited by:

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    3. de Faria, Aline Mariane & Oliveira Junior, Moacir de Miranda & Borini, Felipe Mendes, 2019. "Pubic funding for innovation: The importance of individual resources of the entrepreneur and the relational resources of the firm," Technology in Society, Elsevier, vol. 59(C).
    4. Peerayuth Charoensukmongkol, 2016. "The interconnections between bribery, political network, government supports, and their consequences on export performance of small and medium enterprises in Thailand [Las interconexiones entre sob," Journal of International Entrepreneurship, Springer, vol. 14(2), pages 259-276, June.
    5. Musibau Akintunde Ajagbe & Joshua Olusola Olujobi & Anthony Akwawa Uduimoh & Lawrence Uchenna Okoye & Adunola Oluremi Oke, 2016. "Technology Based Entrepreneurship Financing. Lessons for Nigeria," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 6(1), pages 150-163, January.
    6. Chen, Wei & Song, Hongti, 2024. "National innovation system: Measurement of overall effectiveness and analysis of influencing factors," Technology in Society, Elsevier, vol. 77(C).
    7. Kenzhaliyev, O.B. & Ilmaliyev, Zh B. & Tsekhovoy, A.F. & Triyono, Moch B. & Kassymova, G.K. & Alibekova, G. Zh & Tayauova, G. Zh, 2021. "Conditions to facilitate commercialization of R & D in case of Kazakhstan," Technology in Society, Elsevier, vol. 67(C).
    8. Shasha Zhao & Marina Papanastassiou & Robert D. Pearce & Chie Iguchi, 2021. "MNE R&D internationalization in developing Asia," Asia Pacific Journal of Management, Springer, vol. 38(3), pages 789-813, September.
    9. Hameed, Kamran & Arshed, Noman & Yazdani, Naveed & Munir, Mubbasher, 2021. "Motivating business towards innovation: A panel data study using dynamic capability framework," Technology in Society, Elsevier, vol. 65(C).
    10. Mohammad S. Khorsheed, 2017. "Learning from Global Pacesetters to Build the Country Innovation Ecosystem," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 8(1), pages 177-196, March.
    11. Song Wang & Yuyao Cao & Yifan Wang & Chaoquan Wang, 2024. "The Impact of Innovative and Low-Carbon Pilot Cities on Green Innovation," Sustainability, MDPI, vol. 16(16), pages 1-27, August.

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