The objective of this study is to conduct an analysis of regional development and competitiveness in the EU and Latvia under current conditions of economic globalization. This paper makes an attempt to evaluate a theory of regional development and regional competitiveness concept in relation to regional competitiveness in the light of current global economic changes. The authors emphasise that the regional development is based on competitive advantages, which has been a subject of fundamental research by Michal Porter and that serves as a basis for the current scientific methodology to assess competitiveness of regions and countries. The authors support a view of many scholars to consider regional competitiveness as the capacity of a region (or country) to create and support competitive economic environment. Further research reveals the impact of globalization on regional development by analysing interaction between the Globalization Index (GI) and the Global Competitiveness Index (GCI). Quantitative and qualitative analysis, i.e. literature analysis, comparative analysis and correlation analysis performed for this study reflect that competitiveness under global economic conditions is determined by the development stage of each regioncompetitiveness of a less developed region is more dependent on production factors, while competitiveness of a higher developed region is based on innovation. The correlation analysis reveals that the impact of globalization is stronger for those EU countries, which are in the efficiency-driven stage of development thank for those, which are in the innovationdriven stage. The results of this research could be useful for economic policy makers to determine the role of institutions, policy * The research leading to these results has received funding from the
If you would like to write for this, or any other Emerald publication, then please use our Emerald for Authors service information about how to choose which publication to write for and submission guidelines are available for all. Please visit www.emeraldinsight.com/authors for more information. About Emerald www.emeraldinsight.comEmerald is a global publisher linking research and practice to the benefit of society. The company manages a portfolio of more than 290 journals and over 2,350 books and book series volumes, as well as providing an extensive range of online products and additional customer resources and services.Emerald is both COUNTER 4 and TRANSFER compliant. The organization is a partner of the Committee on Publication Ethics (COPE) and also works with Portico and the LOCKSS initiative for digital archive preservation. ABSTRACTThis paper is concerned with the eects of internationalisation on SMEs in countries that are becoming increasingly aected by market integration at a time when their economic structures are going through a process of radical transformation. Empirical data are drawn from recent surveys of SME managers in the food and clothing industries in Poland, Bulgaria and the Baltic States, which is compared with the results of similar surveys in the UK and Greece.
What role can entrepreneurship play in a European economy that is more and more open to the rest of the world? In this European construction, what is the place of the countries and economies that have only recently converted to a free market economy? It is these questions, among others, that were addressed by the participants at the 'European Entrepreneurship in the Globalizing Economy: Challenges and Opportunities' conference, which took place from 9 to 12 September 2008 in Varna, Bulgaria. Numerous researchers and practitioners from Eastern Europe were brought together during this conference, and we include here a selection of the best papers that were presented on this occasion. Before giving an overview of the various contributions that make up this book, we will briefl y outline a few trends in the evolution of entrepreneurship as a fi eld of research. Entrepreneurship is a phenomenon that depends heavily on the contexts in which it happens and develops. Entrepreneurship, generally defi ned as 'how, by whom and with what eff ects opportunities to create new goods and services are discovered, evaluated and exploited', 1 is very much conditioned by the level of economic development and the cultural, political and social contexts in which it appears. 2 It is common knowledge, for example, that entrepreneurship in developing countries, or countries in transition, is quantitatively and qualitatively diff erent from what we observe in developed countries. Moreover, the nature of entrepreneurship changes by moving from a narrow and simplistic vision (new-venture creation) to a far more complex and sophisticated concept. 3 As the phenomenon gains impetus, we are witnessing a multiplication of its defi nitions and forms. Some authors evoke the emergence of an entrepreneurial economy in which knowledge in particular would play a key role. 4 Implicitly, they also talk of an entrepreneurial society and institutional or cultural norms, applied nationally or locally, that would contribute to naturally shaping entrepreneurs
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