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LEGAL FRAMEWORK OF SOCIAL INNOVATION: CASE STUDY OF LATVIA
Abstract
In recent years, Latvians have shown increasing activity in creation of eco innovation in social sphere, which has caused a need to systematize and regulate it. Although a special legislation framework has been introduced to regulate social entrepreneurship in Latvia, social innovation is not legally regulated and organized yet. For the development of Latvia regions, it is necessary to enhance commercial activities of the population, which could result in welfare improvement and job creation. However, without public support it is difficult to implement. The state and local authorities are reluctant to engage in social innovation projects because there are no clear criteria for the implementation of social innovation and rates of return. The research is focused on exploring the EU countries? experience in social innovation and proposals for improvement of the current legal regulation are presented. The study uses methods of analysis and synthesis, method of scientific induction and scientific deduction. In scope of the research, the authors have clarified social innovation legal framework, which will be used in the further authors? research devoted to regional development studies.
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