8i Ecosystem analysis of the maturing ASEAN country - Thailand

Teow, Hui Hui and Dhiviya Gopal, Balakrishnan and K Ahmed, Pervaiz and Mahendhiran Sanggaran, Nair and Vaithilingam, Santha (2024) 8i Ecosystem analysis of the maturing ASEAN country - Thailand. Working Paper. Sunway Institute for Global Strategy and Competitiveness (Sunway IGSC), Petaling Jaya, Malaysia.

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Abstract

This paper examines Thailand’s current state of play, identifying the strengths and gaps in its political and socioeconomic systems. As a maturing ASEAN country, Thailand’s economy has transitioned from being predominantly agriculture-based to one increasingly driven by the manufacturing and tourism sectors, both of which significantly contribute to the country’s GDP. Alongside these shifts, the Thai government has undertaken substantial efforts to improve national infrastructure and infostructure, aiming to foster more inclusive economic growth. Strategic incentives have also been introduced to promote a knowledge- and innovation-driven economy. Despite these advancements, Thailand still faces several pressing issues, including political instability, fragmented inter-agency coordination, weak collaboration between industry stakeholders, policymakers, research institutions, and educational bodies, unequal access to healthcare, and a shortage of skilled workers, particularly in the automotive sector. This paper provides an in-depth analysis of Thailand’s current situation through the lens of the 8i ecosystem framework, which evaluates eight essential enablers: institutions, interaction, integrity, infrastructure, infostructure, intellectual capital, incentives, and internationalisation. Based on this framework, the paper concludes with targeted recommendations to address key challenges within Thailand’s 8i ecosystem.

Item Type: Monograph (Working Paper)
Uncontrolled Keywords: Thailand; the maturing ASEAN country; the current state of play; 8i ecosystem analysis
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions: Sunway University > Sunway Business School [formerly Sunway University Business School until 2023]
Sunway University > Sunway Business School [formerly Sunway University Business School until 2023] > Dept. Management
Sunway University > University Centres [formerly School of Interdisciplinary Studies until 2023] > Institute for Global Strategy & Competitiveness
Depositing User: Ms Yong Yee Chan
Related URLs:
Date Deposited: 19 Oct 2026 06:49
Last Modified: 20 Oct 2026 06:52
URI: http://repository.sunway.edu.my/id/eprint/3608

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