Does Asia out preform Europe and the USA in coming up with new theories?

The average IQ in south east/ east Asia is slightly higher than Europe and the USA, and it is stereotyped and true in what I’ve seen that they work harder in school and college, thus getting a better education.
But I’m struggling to think of many theories these Asian countries have come up with in the sciences.
Is it true these Asian countries excel in teaching their students applied knowledge but the students struggle in thinking outside the box and coming up with new theories compared to Europe and the USA?

I also seen a video on this but it looked slightly old, late 80’s.