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Fifth International Joint Conference On INC, IMS and
Fifth International Joint Conference On INC, IMS and
IDC
, pages 44
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Romer, P.M. (1994). The Original of Endogenous Growth. The journal of Economoc
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Strengthening of Thailand
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The OVOP and OTOP concepts are very much in line with that proposed in
economicdevelopment literature. Friedman (1987) and Mackenzie (1992) state that
one of the primarymeasures to boost economic development and hence
economic well-being in rural areas isby enhancing rural entrepreneurship. Wortman
(1990) defines rural entrepreneurship as the
creation of a new organization that introduces a new product, serves or creates a
newmarket, or utilizes a new technology in a rural
environment.
However, the craft-based manufacturing sector was identified as a source
of competitive advantage that was not being properly valued and did not transform
into either price premium or customer loyalty because the topic of Trustworthy
brand.