TRANSFORMING BUSINESS LANDSCAPES: STRATEGIES FOR SUSTAINABLE AND INNOVATIVE GROWTH IN THAILAND
Journal article
Authors/Editors
Strategic Research Themes
Publication Details
Author list: LHAKARD, POLWASIT
Publisher: Oradea: Editura Universităţii din Oradea
Publication year: 2024
Volume number: 9
Issue number: 2
Start page: 28
End page: 35
Number of pages: 8
ISSN: 2501-3599
URL: https://ojbe.steconomiceuoradea.ro/wp-content/uploads/2024/10/OJBE-92_fin-28-35.pdf
Languages: English-United States (EN-US)
Abstract
This article explores the innovative business models and strategies that Thai
companies are embracing to enhance their competitiveness, foster sustainability, and adapt
to the evolving market conditions. By drawing on the work of prominent scholars, the article
provides a comprehensive understanding of the transformative processes shaping the future
of Thai businesses. Key findings include the adoption of platform-based models, circular
economy models, servitization models, collaborative and sharing-based models, and
localized and resilient supply chain models. The article also highlights the synergistic
framework that integrates digital transformation, sustainability, entrepreneurship, and supply
chain resilience, driving sustainable and innovative growth for Thai businesses.
Keywords
Business landscapes, Circular economy, เศรษฐกิจหมุนเวียน, digital transformation, Supply chain resilience, Sustainable growth