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DUBLIN Most East Asian countries “innovate less than would be expected given their per capita income levels” and could therefore struggle to sustain recent economic growth, according to the World Bank. Countries in the region are dogged by “insufficient staff skills and limited financing options,” the bank said in a report published late Tuesday, with firms often seeming wary of investing in innovation because “policies and institutions are often not aligned with firms’ capabilities and needs.” Lower-than-expected innovation could lead to questions about “whether the region’s past model of development can continue to deliver rapid growth and poverty reduction,” the bank said.

Kuala lumpurSingapore foreign ministryEast asiaகுவாலா லம்பூர்சிங்கப்பூர் வெளிநாட்டு அமைச்சகம்கிழக்கு ஆசியா