Pacharasut Highlights IP Valuation as a Catalyst for Thailand’s Innovation-Led Growth at WIPO–Thailand Innovation Policy Forum 2025
Pacharasut Sujarittanonta, Managing Director of VA Partners, served as a speaker at the WIPO–Thailand Innovation Policy Forum 2025, held in Bangkok on 20–21 November 2025, where he presented on “Intellectual Property Valuation and Strategies for Value Creation.” Drawing on VA Partners’ experience at the intersection of law, economics, and innovation policy, Pacharasut emphasised how robust IP valuation frameworks can help Thailand unlock commercialisation, attract investment, and accelerate innovation-led growth.
Thailand’s innovation and commercialisation gaps
In his presentation, Pacharasut provided an overview of Thailand’s current innovation position, noting that the country stands at 45th in the Global Innovation Index 2025, down from 41st in 2024, with modest investment levels and a large number of patent applications that still see limited commercialisation. He highlighted structural “gaps” in standards, capacity, financing, coordination, data, and awareness that collectively prevent IP assets from being effectively translated into marketable products, services, and high-value enterprises.
Pacharasut underscored that bridging these gaps requires not only technical expertise in valuation, but also coordinated efforts among government agencies, universities, financial institutions, and industry to design market mechanisms and policy tools that reward innovation. This systems-level view closely aligns with VA Partners’ advisory work on competition policy, IP valuation, and market design for public and private sector clients.
IP valuation as an enabler of value creation
A central theme of the session was the role of intellectual property valuation in enabling research commercialisation and financial market development. Pacharasut explained that accurately valued IP empowers universities, research institutes, and inventors to negotiate fair licensing agreements, secure spin-off equity, and make informed decisions about technology transfer.
He also discussed how standardised valuation methods can support the growth of IP-backed financing by allowing banks and investors to assess IP assets with greater confidence, thereby enabling businesses—especially SMEs—to use patents and trademarks as collateral. These messages reflect VA Partners’ broader mission to apply rigorous economic and valuation methodologies to help clients capture and monetise intangible assets.
Building a mature IP valuation ecosystem
Pacharasut outlined a roadmap for developing a mature IP valuation ecosystem in Thailand, emphasising the importance of national standards, certified professionals, reliable data, and institutional coordination. He argued that establishing national IP valuation guidelines aligned with international benchmarks such as IVSC and ISO would provide official, trusted methods and strengthen confidence in valuation outcomes.
He further recommended launching IP-backed financing pilots with banks, government bodies, and fintech firms, supported by guarantees or subsidies to de-risk early adoption, and creating a national IP transaction database to benchmark real-world deals. Complementing these initiatives, Pacharasut stressed the need for certification programs for valuers and targeted awareness-building activities, including workshops and training for policymakers, researchers, and business leaders.
VA Partners’ role and future engagement
Throughout the panel, Pacharasut drew on VA Partners’ experience in IP valuation, competition policy, and innovation economics to offer practical, implementation-focused recommendations tailored to Thailand’s policy context. His contributions reinforced VA Partners’ position as a trusted advisor on the design of IP valuation frameworks, innovation incentives, and market-based mechanisms that support sustainable, innovation-driven growth.
Building on the discussions at the WIPO–Thailand Innovation Policy Forum 2025, VA Partners stands ready to collaborate with [relevant ministries, regulatory agencies, financial institutions, and universities to help develop national IP valuation guidelines, pilot IP-backed financing schemes, and build capacity across the innovation ecosystem. The firm views this engagement as an important step in supporting stakeholders who seek to create, value, and scale intellectual property as a strategic asset for Thailand’s long-term competitiveness.
VA Partners remains dedicated to supporting Thailand’s policymakers, regulators, and institutions in building a resilient IP valuation ecosystem that drives commercialisation, investment, and long-term competitiveness.