Thai clustering – typology of the emerging market
Thai clustering – typology of the emerging market

Summary/Abstract: Thailand is a rapidly growing emerging market of Southeast Asia, with the prospect of further convergence in relation to regional economic leaders. The Asian financial crisis 1997–1998 induced important changes in the state’s development policy, exposing clustering as an important component of the industrial and competition policy. Thai experiences indicate a difference of clustering conditions within the emerging markets, which is reflected in the evolution of the typology and the concept of cluster. The article identifies three basic concepts of cluster, namely tradi-cluster, plani-cluster and neo-cluster, operating in both traditional and modern manufacturing sectors.

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