Title: Innovative financing for commercialisation of technology

Authors: Jarunee Wonglimpiyarat

Addresses: College of Innovation, Thammasat University, Anekprasong 3 Bldg., Prachan Rd., Bangkok 10200, Thailand

Abstract: This study investigates the innovation financing system supporting technology development and commercialisation in Thailand. The study is based on the findings of the research project funded by Canada's International Development Research Center (IDRC-CRDI). The paper examines the government policies and financing programmes of major institutions legitimising technology and innovation financing such as the Ministry of Finance, Ministry of Science and Technology and Ministry of Industry. The results provide empirical evidence of the innovation financing system and offer useful implications for policy makers in developing economies to promote technology transfer and commercialisation of innovations.

Keywords: innovation financing; technology commercialisation; national innovation systems; NIS; venture capital; financing programmes; technology development; Thailand; government policy; emerging economies; technology transfer.

DOI: 10.1504/IJTPM.2013.053085

International Journal of Technology, Policy and Management, 2013 Vol.13 No.2, pp.140 - 152

Published online: 29 Sep 2014 *

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