ADB ranks Thailand 15th in new creative productivity survey

[Lite Beer]

ADB ranks Thailand 15th in new creative productivity survey

BANGKOK: -- The Asian Development Bank (ADB) has ranked Thailand behind Laos, Indonesia and Malaysia in its creative productivity index.

The new index was jointly developed by ADB and Economist Intelligence Unit (EIU).

ADB said the index aims to give policy makers a unique tool to assess how best to foster creativity and innovation in 22 Asian economies.

The United States and Finland were included for comparative purposes 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.

The index ranks Japan and the Republic of Korea as countries most efficient in the Asia and Pacific region at turning creative inputs into tangible innovation.

South Korea was third and China was 11th ranked.

Thailand ranked 15th in turning the building blocks of creativity into tangible innovations that benefit their economies, behind Laos and Indonesia.

Myanmar, Pakistan, and Cambodia, by contrast, are ranked as the least efficient innovators.

On innovation inputs alone, Singapore topped the rankings with strong political institutions, protection of intellectual property, and contract enforcement.

Among Asian countries, Hong Kong, China topped the list in terms of innovation outputs due to a high level of export sophistication and its prolific film production industry.

The complete rankings: Japan, Finland, South Korea, United States, Taiwan, New Zealand, Hong Kong, Australia, Laos, Singapore, China, Indonesia, Malaysia, India, Thailand, Vietnam, Kazakhstan, Philippines, Sri Lanka, Bangladesh, Fiji, Myanmar, Pakistan, Cambodia.

Creative productivity is an important attribute for knowledge-based economic development and the new index gives policymakers a unique tool to assess how to best foster innovation and creativity.

While measures will differ by country, policies that make it easier to set up businesses and create flexible labor markets would benefit everyone, as would greater investment in education, skills, information and communications technologies, and internet access.

The index uses 36 input indicators to measure the capacity and incentives for innovation, including how many global top 500 universities a country has, the urbanization rate, spending on research and development, protection of intellectual property rights, and corruption and bureaucracy.

The eight output indicators to measure innovation include the number of patents filed, export sophistication, value added to agriculture, and the number of books and films produced.

Source: http://englishnews.thaipbs.or.th/adb-ranks-thailand-15th-new-creative-productivity-survey/

-- Thai PBS 2014-09-13

[clockman]

Enough said, wake up Thailand!

[Paulzed]

Ahhhh !! another report that puts Thailand behind Laos, do you think anyone in LOS will get the message?

Its a shame that The Thais have an attitude of looking down to Laos and its people, if you ever want to upset a Thai especially one from the north east, just call them a Farung Lao!

And watch the fire works!!

[DrLom]

Well done Thailand.

Britain, Germany, France, Spain, Italy, errmm but for a few more, develop nothing.

I'll give Thailand 10/10 for developing continued corruption though... that comes #1. Best in class.

[Baerboxer]

Well done Thailand.

Britain, Germany, France, Spain, Italy, errmm but for a few more, develop nothing.

I'll give Thailand 10/10 for developing continued corruption though... that comes #1. Best in class.

"ADB said the index aims to give policy makers a unique tool to assess how best to foster creativity and innovation in 22 Asian economies.

The United States and Finland were included for comparative purposes 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."

Not a European or World Index. Do read more carefully.

[NongKhaiKid]

Ahhhh !! another report that puts Thailand behind Laos, do you think anyone in LOS will get the message?

Its a shame that The Thais have an attitude of looking down to Laos and its people, if you ever want to upset a Thai especially one from the north east, just call them a Farung Lao!

And watch the fire works!!

There's always an easy get out as any report that favours LoS is of course accurate but anything negative is inaccurate and biased against the country.

It is difficult to pick up on the truth when your head is buried in the sand.

[fobuff]

the only original creativity in Thailand is new ways to undertake coups to undermine democracy