Thailand 1.0 was based on traditional agriculture, become Thailand 2.0” focused on light industries, which helped upgrade the country’s economy from the low-income to middle-income status, and Thailand 3.0” the country is currently emphasising heavy industries for continued economic growth. During this period, Thailand has become stuck in the middle-income trap and faces disparities and imbalanced development. So Thailand 4.0 focuses on a “value-based economy,” will change the country’s traditional farming to smart farming. Traditional SMEs to smart enterprises and traditional services to high-value services, under the concept of "less for more" rather than "more for less."as the country needs to deal effectively with disparities and the imbalance between the environment and society.