IDEAS home Printed from https://ideas.repec.org/a/rnd/arimbr/v3y2011i3p139-147.html
   My bibliography  Save this article

Comparative Study between the Thai and Hong Kong Fine Gold Jewelry Export Industries

Author

Listed:
  • Kittichok Nithisathian

Abstract

The Thai fine gold jewelry export industry is a subsector of the gem and jewelry industry that is Thailand’s third most important export category and the leading sector of the creative industry. This industry creates little pollution, is in line with the nature of the Thai people, brings foreign currency into Thailand and creates both high value added and much employment. The growth rate for exports in this sector has decreased due to the economic downturn, fluctuating raw material costs, the unstable political situation in Thailand, lack of investment in technology by Thai manufacturers and the arrival of new entrants from China and India. It is important for Thai exporters to understand the situation they face so as to remain competitive. This paper reports on research conducted by in-depth interviews to identify key issues uniting and dividing Thai and Hong Kong Fine Gold Jewelry Exporters. It is shown that, in terms of new product development, Thai manufacturers should focus more on the marketing orientation rather than personal judgment. Only products that come with the right concept benefit from value added. Thai exporters should focus on product development, networking, be risk takers and foster cooperation between Thai organizers for international gems and jewelry fairs, while also lobbying for a long term government support plan.

Suggested Citation

  • Kittichok Nithisathian, 2011. "Comparative Study between the Thai and Hong Kong Fine Gold Jewelry Export Industries," Information Management and Business Review, AMH International, vol. 3(3), pages 139-147.
    • Handle: RePEc:rnd:arimbr:v:3:y:2011:i:3:p:139-147
    DOI: 10.22610/imbr.v3i3.927
    as

    Download full text from publisher

    File URL: https://ojs.amhinternational.com/index.php/imbr/article/view/927/927
    Download Restriction: no
    File URL: https://ojs.amhinternational.com/index.php/imbr/article/view/927
    Download Restriction: no
    File URL: https://libkey.io/10.22610/imbr.v3i3.927?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Gaggio, Dario, 2006. "Pyramids of Trust: Social Embeddedness and Political Culture in Two Italian Gold Jewelry Districts," Enterprise & Society, Cambridge University Press, vol. 7(1), pages 19-58, March.
    2. Batchelor, Roy & Gulley, David, 1995. "Jewellery demand and the price of gold," Resources Policy, Elsevier, vol. 21(1), pages 37-42, March.
    3. Indermit Gill & Homi Kharas, 2007. "An East Asian Renaissance : Ideas for Economic Growth," World Bank Publications - Books, The World Bank Group, number 6798, December.
    4. Michael E. Porter, 2000. "Location, Competition, and Economic Development: Local Clusters in a Global Economy," Economic Development Quarterly, , vol. 14(1), pages 15-34, February.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Michael E. Cummings & Alan Gamlen, 2019. "Diaspora engagement institutions and venture investment activity in developing countries," Journal of International Business Policy, Palgrave Macmillan, vol. 2(4), pages 289-313, December.
    2. Anthony J. Evans, 2016. "The unintended consequences of easy money: How access to finance impedes entrepreneurship," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 29(3), pages 233-252, September.
    3. George A. Erickcek & Hannah McKinney, 2004. "Small Cities Blues: Looking for Growth Factors in Small and Medium-Sized Cities," Upjohn Working Papers 04-100, W.E. Upjohn Institute for Employment Research.
    4. Rapanna, Patta, 2018. "The Development of Tourism Based on Local Wisdom in Indonesia," INA-Rxiv 5ayft, Center for Open Science.
    5. Aaron B. Gertz & James B. Davies & Samantha L. Black, 2019. "A CGE Framework for Modeling the Economics of Flooding and Recovery in a Major Urban Area," Risk Analysis, John Wiley & Sons, vol. 39(6), pages 1314-1341, June.
    6. Piotr Nowaczyk, 2018. "The Concept Of Development Of West Pomerania'S Coastal Areas Based On The Polarizaton-Diffusion Model," Business Logistics in Modern Management, Josip Juraj Strossmayer University of Osijek, Faculty of Economics, Croatia, vol. 18, pages 419-435.
    7. Víctor G. Alfaro-García & Anna M. Gil-Lafuente & Gerardo G. Alfaro Calderón, 2017. "A fuzzy approach to a municipality grouping model towards creation of synergies," Computational and Mathematical Organization Theory, Springer, vol. 23(3), pages 391-408, September.
    8. Camelia Moraru & Romana Emilia Cramarenco, 2014. "Methodological Diversity In The Study Of Innovation. The Place And Role Of Innovative Industrial Clusters Research Methodology," Romanian Journal of Regional Science, Romanian Regional Science Association, vol. 8(1), pages 54-68, JUNE.
    9. Mikaela Backman & Charlie Karlsson, 2016. "Determinants of self-employment among commuters and non-commuters," Papers in Regional Science, Wiley Blackwell, vol. 95(4), pages 755-774, November.
    10. World Bank, "undated". "East Asia and Pacific Update, April 2007," World Bank Publications - Reports 33509, The World Bank Group.
    11. Erwin Van Tuijl & Leo Van den Berg, 2016. "Annual City Festivals as Tools for Sustainable Competitiveness: The World Port Days Rotterdam," Economies, MDPI, vol. 4(2), pages 1-13, May.
    12. Bakari, Sayef, 2021. "Do researchers affect economic growth?," MPRA Paper 108788, University Library of Munich, Germany.
    13. A. Alventosa & Y. Gómez & V. Martínez-Molés & J. Vila, 2016. "Location and Innovation Optimism: a Behavioral-Experimental Approach," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 7(4), pages 890-904, December.
    14. Anna ARENT & Matylda BOJAR & Francisco DINIZ & Nelson DUARTE, 2015. "The Role Of Smes In Sustainable Regional Development And Local Business Integration: The Case Of Lublin Region (Poland)," Regional Science Inquiry, Hellenic Association of Regional Scientists, vol. 0(2), pages 23-34, December.
    15. Shrabani Saha & Kunal Sen, 2019. "The corruption-growth relationship: Do political institutions matter?," WIDER Working Paper Series wp-2019-65, World Institute for Development Economic Research (UNU-WIDER).
    16. Veronika Poreisz & Szabolcs Rámháp, 2014. "Global cities' Competitiveness factors among the Asian countries," ERSA conference papers ersa14p231, European Regional Science Association.
    17. Satoru Kumagai, 2015. "The Middle-Income Trap from the Viewpoint of Trade Structures: Are the Geese Trapped or Still Flying?," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 6(03), pages 1-23.
    18. Javier Martínez-del-Río & José Céspedes-Lorente, 2014. "Competitiveness and Legitimation: The Logic of Companies going Green in Geographical Clusters," Journal of Business Ethics, Springer, vol. 120(1), pages 131-146, March.
    19. da Rocha, Angela & Kury, Beatriz & Tomassini, Rodrigo & Velloso, Luciana, 2017. "Strategic Responses to Environmental Turbulence: A Study of Four Brazilian Exporting Clusters," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 39, pages 155-174.
    20. Burke, A.E. & van Stel, A.J. & Thurik, A.R., 2009. "Blue Ocean versus Competitive Strategy: Theory and Evidence," ERIM Report Series Research in Management ERS-2009-030-ORG, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rnd:arimbr:v:3:y:2011:i:3:p:139-147. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Muhammad Tayyab (email available below). General contact details of provider: https://ojs.amhinternational.com/index.php/imbr .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.