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2020 | OriginalPaper | Chapter

Barriers to the Development of Regional Competitiveness in the Context of Regional Economies - EU, Latvia, Region Vidzeme Case Study

Authors : Liga Braslina, Anda Batraga, Aija Legzdina, Jelena Salkovska, Henrijs Kalkis, Daina Skiltere, Girts Braslins, Santa Bormane

Published in: Advances in Human Factors, Business Management and Leadership

Publisher: Springer International Publishing

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Abstract

Innovation potential and the creation of new knowledge, which is considered to be one of the main drivers of economic development, is particularly emphasized in region development [1‐3]. However, in effect regions face significant barriers to the development of innovation and smart specialization. Despite strong institutional support impulses, the current contribution of regions to national competitiveness is debatable. As an example, the study analyses one of the regions of the EU Member State Latvia (Vidzeme), its contribution to national productivity and the main obstacles to the development of the region’s innovations - smart specialization. The results obtained in the context of a single region inductively highlight the weaknesses of region economy concept and point to opportunities for its improvement.

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next chapter Econometric Modeling of Marketing Productivity for Service Sector
Footnotes
1
CSB definition: A high-growth company is a company with an average annual growth rate of at least 20% per year over a three-year period, where growth can be measured both in terms of number of employees and revenues.
 
2
The authors’ outlined association with widely known and applied “push” and “pull” market strategies.
 
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Metadata
Title
Barriers to the Development of Regional Competitiveness in the Context of Regional Economies - EU, Latvia, Region Vidzeme Case Study
Authors
Liga Braslina
Anda Batraga
Aija Legzdina
Jelena Salkovska
Henrijs Kalkis
Daina Skiltere
Girts Braslins
Santa Bormane
Copyright Year
2020
Book
Advances in Human Factors, Business Management and Leadership

Print ISBN: 978-3-030-50790-9

Electronic ISBN: 978-3-030-50791-6

Copyright Year: 2020

DOI
https://doi.org/10.1007/978-3-030-50791-6_1