Post by account_disabled on Mar 9, 2024 21:18:50 GMT -8
The October 24 meeting, the Recovery Fund support program was approved to promote the cooperation of companies, research, education and scientific institutions at the local and international level, as well as to increase the investments of companies in development and innovation. The low level of investment in research and development is influenced by several obstacles , one of which is the investment of companies in activities with low knowledge capacity and profitability . Also, the limited number of export-capable companies and the large proportion of micro-companies do not hinder the progress of.
Latvian companies towards an economy based on knowledge and innovation. " In order to help Latvian manufacturers develop competitive advantages related to technology and Industry Email List innovation , it is important to ensure internationalization opportunities and increase the amount of private research and development investments . Therefore, we offer a support tool that will increase the competitiveness of our companies, productivity, implementation of internationalization activities, export capacity and promote the development of innovations , " emphasizes Minister of Economy Viktors Valainis.
The support program is created as a support tool for cooperation networks . A cooperation network is an association or foundation that unites merchants, research and knowledge dissemination organizations, associations, foundations and other institutions operating in interconnected industries, economic niches, product or service groups, value chains or in the region .