The new

economic

indicator

Innovating Thailand

19 September 2017

The new normal

Micro moment

Emerging

Technology

Emerging

Technology

Tech

Startup

Digital Giant

ECONOMIC & TECH ECOSYSTEM COMPARISON

Sources: OECD, World Bank, World Economic Forum “Human Capital Report”, World Intellectual Property Organization, Israel government, PwC, Forbes, Startup Grind, Startup Genome, Inc. Magazine, Fintech News,

Techsauce, Straits Times, Golden Gate Ventures, Digital Ventures analysis

68.3 MM

$1,152 BN

$16,900

11.9%

0.39%

133

$33.8 MM

STARTUPS

STARTUP DENSITY (STARTUPS:POP)

VC FUNDS

2016 VC INVESTMENT (US$)

2016 VC INVESTMENT/CAPITA (US$)

STARTUP ACCELERATORS

STARTUPS PER ACCELERATOR

2016 TECH EXITS

EXITS AS % OF # STARTUPS

POPULATION

2016 GDP (US$ PPP)

2016 GDP/CAPITA (US$)

TERTIARY EDUCATION (% WORKING AGE POP)

CIVILIAN R&D SPENDING (% OF GDP)

2015 PATENT APPLICATIONS

CIVILIAN R&D SPEND/PATENT APP (US$)

5.6 MM

$508 BN

$90,700

29.0%

2.19%

908

$12.3 MM

325 MM

$18,600 BN

$57,100

40.9%

2.79%

57,100

$9.1MM

8.7 MM

$316 BN

$36,300

44.2%

4.25%

1,685

$8.0MM

~2,000

1 PER 2,800

~50

$3,500 MM

$625

52

38 : 1

15

0.8%

~140,000

1 PER 2,300

~800

$69,100 MM

$212

200

700 :1

3,358

2.4%

~4,500

1 PER 1,900

~70

$4,800 MM

$550

260

17 : 1

104

2.3%

~600

1 PER 113,000

12

$86 MM

$1.3

7

86 :1

2

0.3%

USAISRAEL SINGAPORE THAILAND

ECONOMIC

STARTUP ECOSYSTEM

CHINA

1,374 MM

$23,200 BN

$16,885

7.7%

2.07%

29,800

$16.0 MM

~145,000

1 PER 9,500

~1,000

$32,000 MM

$23

1,600

90 :1

221

0.2%

16

17

The journey of a thousand miles begins with one step

เล่าจ๊ือTao Te Ching, chapter 64

千里之行，始於足下