Perspectives of Innovations, Economics and Business

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Volume 2
Issue 2
Online publication date 2009-10-09
Title Stimulation of innovations: case of the Latvian IT cluster
Author Zane Zeibote
Abstract This paper is based on assumption that innovation and competitiveness can be facilitated by clusters. The cluster approach has certain advantages which could be explored by firms looking for increased growth, competitiveness and innovation. The analysis of the Latvian Information Technology clustershows that it has developed a platform for increasing competitiveness and innovation capacity for IT firms, and it helps to draw conclusions for further improvement of cluster and individual company performance.
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Keywords Innovation, competitiveness, clusters, cluster initiative, information technology
Pages 7-10
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