Thailand has launched the Thailand RISE Fund, a rebranded national research funding initiative designed to accelerate the transition from academic research to tangible economic and social impact. The initiative was highlighted at the Thailand RISE Fund Forum: RISE UP THAILAND, hosted in collaboration with Chulalongkorn University, bringing together policymakers, researchers, and industry leaders.
Professor Dr Wilert Puriwat, President of Chulalongkorn University, emphasized that national advancement requires transforming knowledge into a coordinated system connecting policy, research, innovation, and industry. He stated that the goal is to move research beyond the laboratory into applications delivering measurable benefits while strengthening Thailand's long-term competitiveness.
National research leaders stressed the need for clearer direction and stronger coordination within Thailand's science and innovation system. Professor Dr Sompong Klaynongsruang, President of Thailand Science Research and Innovation (TSRI), noted that systematic development from strategic policy to practical application is essential, with cooperation among universities, government, and the private sector being key to achieving meaningful national transformation.
Asst Professor Dr Ake Pattaratanakun, Chairman of the Thailand RISE Fund Strategic Communications Subcommittee, explained that the initiative reflects a new national priority focused on creating economic and social value rather than merely increasing research output. The fund is designed to serve as a systemic intermediary linking research to real economic needs, with a focus on proof of impact rather than publication numbers.
The Thailand RISE Fund operates under a strategic framework built on four pillars: Research, Innovation, Science Excellence, and Ecosystem. The ecosystem pillar emphasizes partnerships among universities, businesses, government agencies, and communities to support a comprehensive innovation economy. The initiative is expanding engagement across Thailand through regional forums and outreach activities to ensure broader participation and align projects with local economic strengths, shifting from centralized funding toward a more inclusive innovation ecosystem.
Dr. Ake stated the vision is to move Thai research from 'research for journals' to 'research for the nation,' focusing on measurable impact and long-term value creation to strengthen Thailand's competitiveness and support sustainable development. Thailand Science Research and Innovation (TSRI), founded to ensure effective application of strategic policies, promotes and advances the national research and innovation system. More information about TSRI is available at https://tsri.or.th/.
