Innovation Europe > Collaborative Europe > Innovation Latvia

For Latvia, one of the Catching-up countries, innovation performance is well below the EU27 average but the rate of improvement is above that of the EU27. Relative strengths, compared to the country’s average performance, are in Human resources and Finance and support and relative weaknesses are in Linkages & entrepreneurship, Throughputs and Innovators.

Over the past 5 years, Human resources, Finance and support, Firm investments and Throughputs have been the main drivers of the improvement in innovation performance, in particular as a result from strong growth in S&E and SSH doctorate graduates (25.7%), Private credit (23.4%), Business R&D expenditures (12.7%), Community trademarks (29.4%) and Community designs (19.2%). Performance in Linkages & entrepreneurship has worsened, in particular due to a decrease in the Firm renewal rate (-18.6%) and Public-private co-publications (-8.1%).

More information on each country is available in the EIS report and its thematic papers which are available on the INNO Metrics website (www.proinno-europe.eu/metrics). Detailed information on policy measures and governance is available at the INNO Policy TrendChart website (www.proinno-europe.eu/trendchart).