RISE signs groundbreaking four-party agreement to promote innovation exchange between Japan and Thailand
RISE Accel Co.,Ltd., Press release: September 26, 2024 RISE signs groundbreaking four-party agreement to promote innovation exchange between Japan and Thailand Strategic partnership between Japan and Southeast Asia to accelerate cross-border startup growth and innovation Bangkok, September 26, 2024 /PRNewswire/ – RISE (Headquarters: Bangkok, Thailand; CEO: Kid Bircharyanon), a Southeast Asian-based corporate innovation consulting company, today announced that A groundbreaking Memorandum of Understanding (MOU) has been announced by the Research Institute of Thailand (MRI), the National Innovation Agency of Thailand (NIA), and RISE. This agreement is another step towards building a solid framework for innovation exchange between Japan and Thailand. RISE Co-Founder and CEO Dr. Kidd Parcharyanon explained the agreement as follows: “This four-party memorandum marks an important milestone in connecting the Japanese and Southeast Asian innovation ecosystems, bringing together MRI’s policy expertise, NIA’s innovation management capabilities, depa’s focus on the digital economy, and By combining our network of companies and insights across Southeast Asia, we will create a powerful partnership that will accelerate the growth of startups in both regions.” This partnership will facilitate
cross-border startup exchange and enable Japanese technology startups to enter the Southeast Asian market, primarily through events such as RISE’s Corporate Innovation Summit. NIA manages Thailand’s National Innovation Index and will focus on benchmarking and improving innovation indicators in both countries. depa will also leverage its expertise in driving digital transformation and startup initiatives that benefit both the Japanese and Thai ecosystems. This
groundbreaking partnership will support development programs in both countries through policy coordination workshops, cross-border startup mentoring, and the development of joint innovation indicators. RISE and its partners aim to develop further collaborations, including expansion into Southeast Asia and the creation of sector-specific innovation corridors. The agreement highlights a shared commitment to innovation, digital transformation and economic growth in Japan and Thailand, and will also have a significant impact across Southeast Asia. Mitsubishi Research Institute, Japan’s leading think tank, will work closely with the Thai government to align innovation policies and strengthen the ecosystems of both countries. Representatives from the partner organizations expressed their enthusiasm as follows. Kenji Yabuta, President and Representative Director of Mitsubishi Research Institute (MRI), said, “MRI will help Japanese startups expand into Southeast Asia and encourage Japanese companies to adopt Southeast Asian innovations. We look forward to playing a key role in this agreement. Through our network, we aim to foster two-way exchange of cutting-edge technologies, promote both technological progress and economic growth, and revitalize the Japanese economy. “I will.” Dr Krispaka Boonhun, Executive Director of the National Innovation Agency of Thailand (NIA), said: “NIA, as a central facilitator, is focused on deep tech and Thailand’s innovation ecosystem. Our ultimate vision is to expand beyond Southeast Asia through Japan and open up exciting global opportunities for Thai startups. This collaboration brings us closer to realizing our ambition to lead Thailand to the world as an innovation nation.” Dr. Nuttapon Nimmanphatcharin, President and CEO of Thailand Digital Economy Promotion Authority (DEPA), said: “This agreement fully supports depa’s mission to accelerate Thailand’s digital economy. We will strengthen Thailand’s vibrant startup scene and help startups expand globally. Our goal is to foster the success of digital startups in Thailand and ultimately create more prosperous entrepreneurs. Thailand Digital Valley, a special economic zone dedicated to digital innovation, embodies this commitment. By providing startups with the resources and opportunities they need to enter international markets such as Japan, we will further contribute to Thailand’s vibrant startup ecosystem.” About RISE RISE is a corporate innovation consulting company based in Southeast Asia. Our mission is to increase the region’s GDP by 1% and reduce global carbon dioxide emissions by 1%. We partner with Fortune 500 companies, large family-owned businesses, and government agencies to establish and scale innovative initiatives that integrate sustainability into their business strategies. Known for its comprehensive services, RISE offers innovation consulting, talent transformation programs, venture studios, and Asia’s largest experiential conference, the Corporate Innovation Summit. Through a network of over 400 companies and over 20,000 startups across 40 countries, RISE has generated over $2 billion in total impact. RISE aims to foster economic growth while promoting sustainability in the corporate sector.
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