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      Thai Capital Management System Originally, there were 4 capital management and management agencies, namely the National Research Office (NRCT), National Innovation Agency (NIA), Agricultural Research Development Agency. (Public Organization) (U.S.A.) and the Institute of Health Systems Research (SHRAW), which each unit has its own mission. This may not cover all dimensions of Thailand's drive towards an innovation-based economy. And there is not enough power to push Thailand to create innovations in the world market. and to drive reforms of higher education, science, research and innovation. The Policy Council has therefore established a specialized capital management and management unit under the Policy Council. without being a legal entity There is an independent executive committee and the NHSO acts as the juristic umbrella. without interfering with the work of the Executive Committee and the Director. The three administrative and capital management units in the NHSO consist of the human resource development unit. Competitive Empowerment Unit and a spatial development unit that focuses primarily on the basic economy, with the three units established Once formed and nurtured to ensure that it can be an effective capital management and management agency, it will accelerate the spin off from the NHSO as quickly as possible. which is expected to take no more than 3 years

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3 The unit is 1. Capital Management and Management Unit for Manpower Development and funding for the development of higher education institutions Research and Innovation (CDC) allocates funds for human resource development in fields necessary for the country's development according to higher education, science, research and innovation policies and strategies. and government policies including scholarships Scholarships to support researchers and other personnel after the degree Scholarships for the development of higher education institutions and research and innovation institutions and capital for the development of science and technology infrastructures production and service sectors including funding to support technology transfer creating an innovative market Promotion of commercial utilization of research results and innovations and the development of innovative platforms in the manufacturing and service sectors. Funds for the development of laboratory infrastructure for quality services and technology transfer. The grants are aimed at supporting projects that have cooperation or joint investments with beneficiaries such as SMEs and the industrial sector. Manage research funds and innovations in area-level development (TAMC), allocate research and innovation funds for spatial development. Community or local development with the objective of making people's lives better Have a good quality of life and enhance the competitiveness of new entrepreneurs small business small and medium enterprises community enterprise and social enterprises at the local level

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      For the above 3 Capital Administrative Units have duties and powers. In receiving general subsidies allocated from the Science Promotion Fund research and innovation or other sources of funding and manage such funds in accordance with the objectives and obligations of receiving the funds administering programs in higher education, science, research and innovation in responsibility to achieve results Prepare policies and rules for allocating capital in various fields To be in line with the policies and strategies of higher education, science, research and innovation. and government policies and the capital allocation system under the objectives of each capital management unit Prepare rules for applying for grants screening grant applications and allocate funds to recipients Encouraging and coordinating with fund recipients to collectively accept and implement projects that are supported. for power and success Follow up and help sponsored projects succeed. Evaluate sponsored projects including analyzing Synthesize the results of funding projects as a whole, whether they are successful in higher education, science, research and innovation programs. and make proposals for the benefit of formulating new plans and prepare an annual report of the Capital Administrative and Management Unit for submission to the Policy Council.