An Early History of Thailandʼs Electronics Industrialization : Subsidiaries Evolution and Industrialization Strategy of Thailand : Note

Abstract

This paper investigates Japanese electronics subsidiaries’ evolution in Thailand with a focus on their relationship with national industrialisation strategy of the government of Thailand. Full-scale relocations of Japanese electronic MNEs production process to Thailand were the consequence of interaction of host countryʼs government policy, global business environment and those MNEs’ business strategies. It was also found out that heterogeneous evolution processes the subsidiaries coexisted during the 80s and the 90s as a reflection of the host countryʼs government policy.