Title: Small- and medium-sized enterprises in Latvia: economical and social aspects

Authors: G. Actina, L. Zeltina, Namejs Zeltins

Addresses: Institute of Physical Energetics, Aizkraukles Street 21, LV – 1006, Riga, Latvia. ' Riga Technical University, Institute for Humanities, Azenes Street 16, LV-1048, Riga, Latvia. ' Institute of Physical Energetics, Aizkraukles Street 21, LV – 1006, Riga, Latvia

Abstract: This publication deals with the social and economic situation of the small- and medium-sized enterprises (SME) in Latvia. It includes information about the state economic policy and the goals of its further development. There is discussion of conditions favouring the development of the SME, as well as existing problems. Generally accessible statistical data is given about the present environment of the entrepreneurial activity in relation to the SME. For characteristics of the situation in Latvia, parallels are drawn with the development of SME and the existing situation in the EU countries. Analysis is given of the performed actions in connection with Latvia|s integration in the European Union.

Keywords: small and medium-sized enterprises; SMEs; social policy; economic policy; business development policy; state support; integration; European Union; Latvia; economic development.

DOI: 10.1504/IJEIM.2006.008213

International Journal of Entrepreneurship and Innovation Management, 2006 Vol.6 No.1/2, pp.124 - 150

Published online: 23 Nov 2005 *

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