Magnolia Quality Development Corporation Limited (MQDC) has been honored with the "Outstanding Innovation Organization" award in the large private sector category during the 2021 Innovation Awards ceremony held on "National Innovation Day" by the National Innovation Agency (Public Organization) or NIA, via Live Streaming. This event celebrates individuals and organizations in Thailand that have created outstanding innovations that bring value to the nation.

Mr. Kheerin Chuthammasathit, President of Magnolia Quality Development Corporation Limited (MQDC), expressed that on behalf of MQDC, he is extremely pleased to receive the Outstanding Innovation Organization award. We place great importance on education and research in the field of innovation, and we have a clear approach to promoting the practical application of research outcomes to genuinely contribute to the country's development.

MQDC has established the Research and Innovation Center for Sustainability, or RISC by MQDC, to serve as a hub for research and innovation aimed at improving the quality of life for everyone. We welcome external individuals to utilize RISC's research to further benefit society.

Additionally, we have the FutureTales Lab by MQDC, which focuses on studying and researching the future of living. This lab employs future forecasting tools to reflect on living, working, learning, leisure, travel, and sustainability contexts, while also creating collaborative platforms with various agencies and communities to build a better future for all.

“Receiving this honor from NIA is a source of pride for our entire team. We sincerely hope that MQDC's approach to innovation will serve as a driving force for both the business and government sectors to propel the development of the country's innovation capabilities,” Mr. Kheerin stated.

Professor Emeritus Dr. Anuk Lertthanasathien, Minister of Higher Education, Science, Research, and Innovation (MHESI), remarked, “To achieve sustainable economic and social stability in line with national strategy, it is essential to leverage knowledge and advancements in science, technology, research, and innovation, along with developing suitable human resources as a key mechanism to help the country escape the middle-income trap. The national strategy emphasizes a development agenda focused on transforming the country's economic structure towards an innovation-driven economy. Therefore, the Ministry of MHESI is committed to nurturing and enhancing the capabilities of innovative entrepreneurs and developing an innovation ecosystem in various fields to facilitate the creation and transformation of innovations into economic value and social benefits, utilizing knowledge, research outcomes, and innovations to assist the public, society, and the business sector. At the same time, we will create mechanisms for collaboration to bring leading international research and innovations to develop and apply to enhance the capabilities of domestic research and innovation.

Thus, the Ministry of MHESI believes that the organization of "National Innovation Day" will be a crucial mechanism to raise awareness, promote, and stimulate the thinking, development, and enhancement of Thai innovations, which will continuously and tangibly benefit the country's development. It serves as a platform for communicating and raising awareness of the potential of Thai entrepreneurs, agencies, and innovators, demonstrating that Thailand and its people can create and develop innovations that are on par with leading innovative countries.

Furthermore, "National Innovation Day" will be celebrated on October 5th each year. The National Innovation Agency (Public Organization) or NIA has been continuously organizing the Innovation Awards for the 17th year. The National Innovation Award for "Outstanding Innovation Organization" is presented to organizations that exemplify outstanding innovation management, serving as a model for the country and supporting effective approaches to using innovation to address various crises, while raising awareness of the importance of systematic innovation management that will genuinely promote sustainable growth for organizations.

This year, various organizations from sectors such as economy, society, environment, product and service design, media and communication, and outstanding innovation organizations submitted over 910 entries for the competition.
You can follow the results of the award announcements at https://www.facebook.com/NIAThailand.