Thailand sees IP as key to development - News Summed Up

Thailand sees IP as key to development


Thung Kula Rong Hai hom mali rice was listed as a Geographical Indication product in China earlier this year. Thailand vows to continue driving forward with innovations, technologies and intellectual property (IP), hoping such areas will help boost international trade in the near future. Another key mission of the Commerce Ministry is to promote Geographical Indications (GI) to enhance the life quality and well-being of local people. According to the latest Global Innovation Index 2021 rankings, Thailand's innovation capability has climbed one spot and is now ranked 43rd out of 132 countries globally from 44th last year. The Global Innovation Index is a key indicator that reflects the global knowledge, technology and creativity output including R&D, which leads to an effective evaluation of innovation performance and policymaking decisions of all countries.


Source: Bangkok Post September 21, 2021 21:45 UTC



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