Desk Report: Bangladesh has been ranked the least innovative country and Singapore the most innovative in Asia, reports The daily Star.
The lower ranking innovative countries — Bangladesh, Kazakhstan, Sri Lanka, Nepal, Pakistan — will benefit from more innovation in the future, according to the Global Innovation Index 2018 report.
Bangladesh along with Myanmar and Pakistan sustained growth foreseen to 5 per cent in 2018 and 2019, the report said.
Published in July, the report analyses the energy innovation landscape of the next decade and identifies possible breakthroughs in fields such as energy production, storage, distribution, and consumption. It also looks at how breakthrough innovation occurs at the grassroots level and describes how small-scale renewable systems are on the rise.
Meanwhile, Singapore, South Korea and Japan are the most innovative countries in Asia.
South East Asia is at the third place globally in terms of innovation. Singapore leads the region with a high score in most of the indicators. Globally it has moved two positions up since last year.
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