BUSINESS FUNCTIONS APPROACH TO INNOVATIVE AND NON-INNOVATIVE BUSINESS COMPARISON IN LATVIA

State system of innovative business support was created in Latvia during last years and the first conclusions about the efficiency of this system can be made at present time. To evaluate the efficiency of innovative business support system it is necessary to compare in some way innovative and non-innovative companies. The main task of this article is to provide the frame for innovative and non-innovative business comparison and describe on the base of this frame the main differences between innovative and non-innovative companies in Latvia at present time. The main result of investigation is the conclusion that at present time innovative business has certain advantages for development in Latvia, especially in regions, because the main weak point of innovative business - high risk - is oppressed by general business risk growing due to economic crisis.


Issue Date:
Jul 15 2010
Publication Type:
Journal Article
DOI and Other Identifiers:
1804-0519 (Other)
PURL Identifier:
http://purl.umn.edu/92339
Published in:
Perspectives of Innovations, Economics, and Business
Volume 05, Issue 2
Page range:
14-16
Total Pages:
3
JEL Codes:
O31; O32; R58
Series Statement:
Volume 5
Issue 2




 Record created 2017-04-01, last modified 2017-08-25

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)