INNOVATIVE PERFORMANCE AND INNOVATION SYSTEM OF LATVIA

Abstract

The research and analysis of strengths and weaknesses of national innovation system is extremely important to successful and efficient innovation support policymaking. Innovation support policies should take into consideration all specifies of national innovation system in the country, not being one-size-fits-all. Until now, little analysis on the Latvian innovation system was made. The paper aims to show Latvian innovative performance and to propose factors for well-functioning innovation system of Latvia. This research gives a possibility to researchers and policy-makers to investigate the mismatch between policies and problems and identify policy gaps.