Thailand’s Creative Economy While the conventional driving model will rest on physical factors like abundant & cheap labor cost, natural endowments and imported expensive state of the art technology from outsides. This typical growth model is just leading country to red ocean competition. Because every country for decade is producing and enjoying the economy of scale advantages based on the physical (or the other word tangible) economic drivers, Creative & Cultural economy becomes emerging viable factors for new Asia growth model. National Heritage & Wisdom values: religion & belief, way of life of folk, traditional healing arts, local architecture & folklore art, become the unique raw material for new value creation mode
Asia soon is becoming the new driver for global economic driving engines, while USA and Europe may be challenged by their domestic economy. To fuel the economic sustainability Asia needs to fine tune its strategy capitalized on unique comparative advantages: or the other familiar terminology “National Core Competency”. Asia’s Charm, with its unique historic and heritage values are the core Asia’s intangible capitals for new economy landscape.
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