The Development of Nanotechnologies and Advanced Materials Industry in Science and Entrepreneurship: Scientific Indicators. A Case Study of Latvia (Part Three)

Abstract

The present scientific paper is the third part and continuation of the indepth scientific study of the developed system of engineering economic indicators, where the authors obtain results from the scientific research presented in a series of works on the development of the nanotechnologies and advanced materials industry in science and entrepreneurship in Latvia. Part three determines the crucial scientific indicators of the development of nano-field at the macro, micro, and meso development levels of the economic environment in Latvia. The paper provides the interaction of new identified indicators of nanofield in terms of further scientific and practical activities. Latvia is analysed in comparison with other countries in the world.

Pumped-Storage Hydropower Plants as Enablers for Transition to Circular Economy in Energy Sector: A Case of Latvia

“…Stable national economy, favourable political environment, competitive business, intensive cooperation between the academy and business, secure social environment and other factors are governed by the regulatory framework implemented by the state, which enables the government to promote, restrict and hinder the development of the national economy [3]. Additionally, the research and development (R&D) level and the development of innovations are crucial factors for any economy that follows global trends [4]. Great emphasis regarding the development of economy is placed on the energy sector.…”