REGIONAL ANALYSIS OF PERFORMANCE INDICATORS OF LATVIAN BUSINESS INCUBATORS

Abstract

A regional analysis of performance indicators for Latvian business incubators provides a valuable insight into the performance of the business incubator ecosystem in various regions and helps to make future policy decisions on providing funding for the incubators that aim to support the growth and success of startups. The present research performed a regional analysis of operational programmes for two periods from 2007 to 2021. The strengths and weaknesses of Latvian business incubators across various regions of Latvia could be identified based on the analysis. This can help to make policy decisions and guide resource allocation to contribute to the development of the business incubator ecosystem in the future.