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Three professors discuss how creativity in education can have a positive economic impact. Prof Nong Moon Hwang from Seoul National University in Korea, Prof Denis Noble from the University of Oxford and Dr Sung Hee Kim, who has affiliations with both institutions, participate in a roundtable discussion at Balliol College, University of Oxford. They discuss the benefits of creativity in stimulating economic activity, and outline their views on ways which creativity can be taught and nurtured in schools and universities. The essay and tutorial system at the University of Oxford is compared with the culture in Korea of using multiple choice questions and more structured methods to assess students, as well as the contrast between open ended analysis of information, and learning facts and knowledge by rote.