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ECO-INNOVATION PERFORMANCE IN LATVIA AND THE INTERRALATION OF THE FACTORS AFFECTING IT
Abstract
Today, eco-innovation represents a tool for vitalizing the circular economy ? an urgent problem ? both at the global as well as at the national level. Eco-innovation is the key to the future competitiveness of any country that contributes to the circular economy and a sustainable future while also promoting environmental protection and more efficient use of resources. Eco-innovations are implemented in all Member States, sectors and markets of the European Union, yet the intensity of this activity is still insufficient. In Latvia, too, the intensity of eco-innovation is low. Therefore, the research aims to identify eco-innovation performance in Latvia and correlations between the factors affecting it. To achieve the aim, the following research methods were employed: monographic, statistical analysis and quantitative and qualitative analysis. Information sources used: specific economic literature, published research papers, scientific conference proceedings from databases: EBSCO, Science Direct, Scopus, as well as the European Union?s legal acts and directives, statistical data from Eurostat, the OECD and other international institutions.
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References7
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Auzina A., Licite L., Jankova L. (2019). Factors affecting eco-innovation in Latvia In: 19th International multidisciplinary scientific GeoConference SGEM 2019: conference proceedings, Albena, Bulgaria, 30 June-6 July, 2019 / Bulgarian Academy of Sciences Sofia, 2019. Vol. 19, Issue 5.3: Ecology, economics, education and legislation. Section: Environmental economics, p. 343-350.
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