ROLE OF SCIENCE IN ENHANCING NATIONAL COMPETITIVENESS: CASE OF LATVIA

Baiba Å Avri?a and Santa SPRO?E-RIMÅ A

Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2014, vol. 8, issue 1, 564-576

Abstract: At the era of globalization everyone, is it a country, an enterprise or an individual, pays more attention to the competitiveness and seeks ways to enhance it. Historically the competitiveness was provided by offering low price, while nowadays in developed world a low price is not the only factor that indicates competitiveness; it comes along with other factors such as quality and uniqueness of products or services. To create a unique, high quality and competitive product there is a need for science and research development, especially within small economies with limited resources. Commercialisation of science in small countries is to be taken as bases for building up the state's competitiveness

Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:rom:mancon:v:8:y:2014:i:1:p:564-576

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