Question

some nations are better than others in innovation and creativity. Explain this in 300-400 words ( please donot copy from internet

Answer 1

Innovative nations have strong university research systems, without which it would be almost impossible to attract the talent required to drive innovation. High quality scientific and technical staff gravitate to places that have the necessary resources to create new inventions and technologies.
A lot of creativity happens at the edge of cultures. Usually we think of race, gender , and ethnicity when we see the term "diversity" But it is really the cognitive differences that go hand in hand with our differences in identity which create better business results.

Different groups offer various ways to represent problems and situations, classify and interpret information, come up with solutions and predict results. Their mutual intelligence is greater than the sum of its pieces.
A nation can have all the raw materials it needs to innovate, but if the market does not want what it produces, there will be no incentive for it to do so. The demand side of creativity is usually correlated with youth, because let's face it: youth are more likely to try new things and not be burdened by the old way things are done.

Some might argue that by requiring companies to jump through hoops, regulations can actually stymie innovation. But they still promote it, in several ways.
No company will devote massive amounts of resources to R&D if anyone can simply copy their products, not to mention sell them at a fraction of the price. Innovative countries respect those rights of intellectual property. They offer patent protection and honor contracts (e.g. licensing agreements, buy-and - sell agreements), which allow innovative individuals and businesses to earn reasonable returns on their investments.

While several Asian countries have already surpassed the U.S. in terms of producing innovation's so-called "raw materials" (e.g. high citizen educational achievement, number of graduates to become engineers and scientists, speed and penetration of broadband Internet service), they are still not nearly as innovative.