Open AccessINNOVATION FACTORS AND THEIR FINANCING IN LATVIA
Author(s) -
Guna Rundāne
Publication year - 2019
Publication title -
indivīds. sabiedrība. valsts
Language(s) - English
Resource type - Journals
ISSN - 2592-8457
DOI - 10.17770/iss2019.5269
Subject(s) - business , financial innovation , relation (database) , finance , regional science , industrial organization , computer science , geography , database
The problem of research is still relatively low innovative activity in Latvia in relation to other European countries based on European Innovation Scoreboard date. The paper discusses the definition of innovation and its essence as well as the factors improving innovation capacity. The paper also lists financial resources avaliable in Latvia, that can be used for development of innovative activities.