Satoshi Funabashi, Ryuya Sato, Tamon Miyake, R. Tsumura, K. Mori
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Inverse Innovation: Ripple Railway Model to Acquire Local Industries Based on User’s Viewpoint in Thailand
Since the deceleration of the markets of infrastructures in developed economies occurred, the growing demand for infrastructure development in semi-developed countries has become more outstanding. Semi-developed countries such as Thailand aims to become a developed country. However, it is stuck in 'semi-developed country trap'. To break through this, Thai people need local industries with high-added value. Therefore, we proposed an inversed innovative strategy focusing on railway industry. At first, how railway industry was established so far was investigated for finding keys to establish it. Next, we had field trips so that we can find real needs from Thai people. Actually, many countries compete in Thai railway markets. Thus, a comparison between our proposal and others were made. Our proposal for establishing railway industry includes some steps to get local industry focusing on Thai situation. Finally, it also presents ASEAN market as a future plan after they acquire their local industries.