It is a correct and usable part of a sentence in written English.
You can use it when you want to refer to a creative or original example. Example: "The teacher presented an imaginative example to demonstrate the concept."
Like the Yellow Star House project, Centropa, a digital history archive of Jewish life, is an imaginative example of how technology can bring the past to life.
Another imaginative example is pumped storage, a system that cycles and recycles a fixed volume of water to gravity fall through a series of miniature blade assemblies to generate enough energy to drive a pumped return cycle and generate surplus electricity for cumulative contribution to the grid and can be built anywhere where there is an appropriate water source.
Among more imaginative examples of later architecture are the Taganka Theatre (1983) and the Gazprom and Lukoil office buildings (1990s).
This isn't a prediction of the future, rather imaginative examples of possible hypotheses.
Mr. Smith said he hoped to use the foreign correspondents in imaginative ways — for example, to cover news on gay marriage internationally.
Some were imaginative: one, for example, connected schools with museums in the Chicago area so that students learned science from a paleontologist at the local dinosaur exhibit.
Miss Matfield's imaginative life, for example, is spent almost exclusively among romantic novels set in the South Seas ("jungles, coral reefs, plantations, hibiscus flowers, the scent of vanilla, schooners on the wide Pacific, tropical nights").
In 1997, Gerry Farrell commented: "It is a mark of Harrison's sincere involvement ... that, nearly thirty years on, the Beatles' 'Indian' songs remain the most imaginative and successful examples of this type of fusion".
Lez Cooke, in his book British Television Drama: A History, has praised the play as "one of the most imaginative and intelligent examples of the horror genre to appear on British television, a single play to rank alongside the best of Play for Today".
Lez Cooke praised the production, when writing in 2003, describing it as "one of the most imaginative and intelligent examples of the horror genre to appear on British television, a single play to rank alongside the best of Play for Today".
In fact, after the loss of Alexander McQueen, this design duo is the best example of imaginative showmanship.
