The assessment and factors of increase in innovative competitiveness of Latvian regions

Abstract

Latvia’s participation in the process of integration and globalization within the European Union creates a need to improve tools of competitiveness and management assessment of the country’s regions. It also requires the development of common approaches to selection criteria, competition indicators and assessment tools at the micro-, meso-, and macro-levels. This study identifies the development stage of Latvia’s regions and considers methods as well as experience of evaluation and improvement of the competitiveness of Latvia’s regions. The author describes priorities and tools for regional innovative development and analyze conditions affecting regional development in the country. This work takes into account the current priority of the European Union - innovation and development of socioeconomic activity aimed at enhancing the competitiveness and attractiveness of European regions. This study sets out to evaluate the competitiveness of Latvia’s regions using a method developed by the European Commission. An expert survey based on the analytic hierarchy process identifies priority areas and instruments for their innovative development.