development and constraints Chastel, Germain creator Venkatesh, Sundar Chairperson Donyaprueth Krairit Examination Committee Sununta Siengthai Examination Committee text series technical report th Pathum Thani, Thailand Asian Institute of Technology 2008 continuing eng 44 leaves : ill. Venture Capital (VC) is increasingly developing in Asia. However, Thailand{u2019}s VC industry does not seem to undergo the same development as other Asian emerging countries. This research assesses the level of development of the Thai Venture Capital industry by comparing it first to the United States model, and then to other Asian economies. The research then attempts to define some constraints to the development of the industry by studying the development policies implemented by the government, and the actions taken by the Thai Venture Capital Association. Through two case-studies and three interviews, the research finally defines some specificities of the Thai Venture Capital Industry, and shows how Thai funds have developed some practices that give them a competitive advantage over the traditional funds in the Thai context.The research concludes on the distinct structure of the Thai VC industry and the opportunity cost of its underdevelopment. A research study submitted in partial fulfillment of the requirements for the degree of Master of Business Administration in International Business Research Studies Project Report (M.B.A.) - Asian Institute of Technology, 2008 Venture capital Thailand Asian Institute of Technology. http://203.159.5.9/ait-thesis/detail.php?q=B01568 http://203.159.5.9/ait-thesis/detail.php?q=B01568 090531 20260817162502.0