A NEW index ranks Japan as the most efficient among Asian countries in turning the building blocks of creativity into tangible innovations that benefit their economies and people while Myanmar, Pakistan and Cambodia are least efficient.
The Asian Development Bank said it developed the index with the Economist Intelligence Unit to give policymakers a tool to assess how best to foster innovation and creativity in Asian economies.
Finland and the US were included for comparison and ranked second and 4th respectively out of the diverse group of 24 countries that span some of the richest and poorest nations in the world. South Korea was third and China was 11th ranked.
Image: Free Digital Photos
