Index ranks Japan Asia’s most efficient innovator

Published September 12, 2014 7:48am ET



MANILA, Philippines (AP) — 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 Friday 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.

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