Current Challenges of Latvian ICT, Global Best Practices to Drive Innovation and ICT Development and Potential Recommendation for Latvian ICT More Rapid Growth by Utilizing Innovation and R&D

56th International Riga Technical University Conference "Scientific Conference on Economics and Entrepreneurship" [CD-ROM] : SCEE '2015 : Proceedings 2015
Sanita Meijere, Tatjana Tambovceva

The aim of the study is to analyse current situation and challenges experienced by Latvian Information Communication Technology (ICT) industry and propose recommendation based on applicable global practices for further ICT industry growth. The scope is limited to IT solutions and application development, excluding telecommunications and infrastructure. Literature reviewed are World Economic Forum materials, surveys on global ICT development, International business 3RD edition by O. Shenkar, Y. Luo and Tailan Chi and materials prepared by Latvian Investment and Development Agency. Most widely used is information gathered from focus groups interviews and analyses of Central Statistical Bureau data. The main conclusions of the study is that despite several very positive success cases, Latvian ICT industry lacks government strategic attention that would facilitate faster growth of the industry and its export competitiveness.

Keywords
ICT, R&D, innovation, growth, export
Hyperlink
file:///C:/Users/Tatjana/Downloads/SCEE%602015_Proceedings.pdf

Meijere, S., Tambovceva, T. Current Challenges of Latvian ICT, Global Best Practices to Drive Innovation and ICT Development and Potential Recommendation for Latvian ICT More Rapid Growth by Utilizing Innovation and R&D. In: 56th International Riga Technical University Conference "Scientific Conference on Economics and Entrepreneurship" [CD-ROM] : SCEE '2015 : Proceedings, Latvia, Rīga, 14-17 October, 2015. Rīga: RTU Press, 2015, pp.63-64. ISBN 978-9934-8275-3-2. ISSN 2256-0866.

Publication language
English (en)