.jpg)
The Stock Exchange of Thailand, Market for Alternative Investment (mai), and The National Innovation Agency (NIA), Ministry of Science and Technology of Thailand, have recently signed a memorandum of understanding (MOU) to launch the “Thai Listed Firms Innovation” project, aiming to educate corporate innovation management knowledge for Thai listed firms to increase competitive capabilities and build sustainability, with participation of 30 listed firms in the first year.
SET Chairman Chaiyawat Wibulswasdi stated, “Driving innovation is essential for any organization operating in today's business landscape, from strategic planning to integrate research results into new product and service development and improvement of work concept and process for efficiency and effectiveness. As such, SET has joined hands with NIA to promote innovations as a means to drive business sustainable growth among firms listed on the main bourse and mai.”
mai President Prapan Charoenprawatt said, “The project’s initiative started from the idea to craft listed firms as innovative companies to models for other businesses in Thailand, as they have funds, growth opportunities and potential grow in a sustainable manner with innovative processes. This project will provide in-depth knowledge of how to drive innovations for firms and other supports, in line with SET’s plan to promote quality of listed firms.”
NIA Director Pun-Arj Chairatana said, “NIA, together with specialists from College of Management, Mahidol University, has conducted a survey among Thai listed firms in five aspects to assess innovative capabilities of both strengths and weaknesses, consisting of professionals (man), organizational management (management), innovation development (methodology), attentiveness on employees (mind), material management (material). The results from the survey findings will be published through corporate innovation report and then used to create innovation index. Initially, the project will select 30 listed firms from SET and mai to join the innovation management training courses as well as providing supports in innovation issue. There are two courses: one is an overview and knowledge of innovation course for high-level executives and the other is an advanced course for creative team of each firm, to practically drive at a faster speed.”
