Thailand reaches its highest global innovation ranking in a decade, now at 41st worldwide.

Thailand has risen to 41st place in the Global Innovation Index, up from 43rd last year, marking its highest ranking in a decade. The country ranks third among ASEAN nations, behind Singapore and Malaysia. Despite progress in research and development spending, Thailand needs to enhance ICT service exports and educational expenditure. The National Innovation Agency calls for closer collaboration between the public and private sectors to boost innovation, a plan the Ministry of Commerce aims to support.

November 17, 2024
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