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(Bloomberg) -- Among the world’s top innovating economies, quite a few aren’t getting enough bang for their buck.

That’s the lesson from the latest annual Global Innovation Index release, which measures the most innovative economies and then, separately, calculates an “Innovation Efficiency Ratio.”

Among the top-10 innovators, Switzerland, Germany, Sweden and the Netherlands were the only countries that also ranked in the top-10 for innovation efficiency.

Image: The Armar-6 humanoid robot, developed by the Karlsruhe Institute of Technology, hands a bottle of cleaning fluid to an employee during a warehouse assistant demonstration at the CeBIT 2018 tech fair in Hanover, Germany, on Monday, June 11, 2018. CeBIT, Europe's business festival for innovation and digitization, runs June 11 - 15. Photographer: Krisztian Bocsi/Bloomberg (bloomberg)