Thailand 4.0 and Sustainable Development of the Thai economy What is Thailand 4.0 ? Thailand 4.0 is an economic model that focus its agenda to unlock the country from several economic challenges resulting from previous economic development models. This model is mainly focused on Prosperity , Security and Sustainability . The vision is to transform Thai economy into an innovation-driven one. Sustainable Development of the Thai Economy Moving Thailand Economy into a sustainable one by turning it into a knowledge-based economy. With focus on research and development, science and technology, creative thinking, and innovation. Knowledge based economy A knowledge based economy is a kind of new economy, digital economy, network economy or advanced economy which depend on technological use, knowledge, information and high skilled level. Research and development: An innovative activity performed by corporations or governments in developing new serv...