Based on data on the number of newly established enterprises and the total number of enterprises, the authors analysed whether and what changes occurred in the industries of the national economy that have high transfer potential in relation to smart specialisation implementation in the country, broken down by region, thereby identifying the RIS3 specialisation field on which the focus has to be placed and to which attention has to be drawn. The aim of the research is to identify the entrepreneurship development in RIS3 specialisation fields broken down by region and economic development according to the RIS3 specialisation fields. The research has found that the number of enterprises in the industries having high transfer potential in relation to RIS3 as a percentage of the total number of enterprises was slightly above 50%; the regional breakdown of the enterprises revealed that two thirds were located in the regions of Riga and Pieriga, and that ICT was the most significant RIS3 specialisation. In the post-crisis period, the number of newly established enterprises increased at the highest rate in 2011, exceeding the rate of the previous year more than two-fold, whereas in the next two years the rate decreased below the 2009 level.

During the last decade a huge number of Latvian citizens have left the country and live abroad, which complicates to a certain extent the chance of easily returning and settling down in Latvia. At the same time, the Latvian entrepreneurs are ultimately demonstrating their desperate need for all kind of workers. Especially it could be seen in sectors like medicine, retail, heavy and light industry. Rapidly growing Diaspora allows to acknowledge that there is a big potential of labour force flowing away from the country, sometimes staying without any work positions for quite a long time. The aim of this article is to find evidence that Latvian Diaspora could be involved in the Latvian economy and business by using a new attitude and approach, which should be supported by teleworking. During research the main methods used were content analysis of strategic and planning documents as well as analysis of the best practices in the world and Latvia, with the aim of establishing a model of remote work development and finding out proposals for a better participation of employees, employers and territory representatives – local governments and state institutions. This article is a part of and supported by the State Research Project EKOSOC-LV, part 5.2.2. The authors express their gratitude to the Institute of Social, Economic and Humanities research of Vidzeme University of Applied Sciences.

Social entrepreneurship plays an increasingly important role in tackling socio-economic problems. It has gained recognition in Latvia among politicians, academicians and social entrepreneurs; consequently, the number of social enterprises increased in the country, yet there is a lack of research studies on social enterprise models and their classification. Accordingly, the research aim is to examine the theoretical models of social enterprises in Latvia. In the scientific literature, there is no strict classification of social enterprises, but based on different criteria, it is possible to distinguish several types or models. In Latvia, there are relatively few social enterprises; for this reason, it is quite difficult to categorise them. However, social enterprises are divided by sector, field of activity, target group, scale of activity and other criteria. The research stresses the following key social entrepreneurship models: the Selfinitiative Model, the Government Participation Model, the Municipal Participation Model and the Company-initiated Development Model. These models are based on two key criteria – support intensity and taking the initiative in establishing and developing a social enterprise.

Latvia, just like many other EU member states, receives multiannual financial support through the EU financial instruments for implementation of the common policies by the EU. The support is aimed at the priorities set at the level of the EU and is adapted to the peculiarities of each member state’s sphere. The aim of the study is to evaluate the importance of the support, provided by the EU financial instruments, for the development of Latvian fishery sector. The analysis was made on the basis of the available data and their quality. As a result of the study, the author found out that in the planning periods of 2004 – 2006, 2007 – 2013 and 2014 – 2020, for the development of fishery sector in Latvia the support of several EU financial instruments was available. Development of fishery sector is significantly impacted by the availability of the financial support through the EU financial instruments and use thereof. Considering the dependence of the fishery sector on the sustainability principles coordinated at the level of EU, corresponding fishery possibilities, and considering the increase of global competitiveness in the world’s markets, the strengthening of fishery’s competitiveness plays a significant role in the facilitation of the Latvian economy.

Potato sector is one of the competitive areas of the European Union (EU) agriculture. Although Eurostat declared that in 2015 Lithuanian share in the EU-28 harvested production was modest and composed only 0.7%, according to Food and Agriculture Organization of the United Nations (FAOSTAT), this crop remained on the list of top 10 commodities by net production value in Lithuanian agriculture. However, over the past decades the Lithuanian potato sector survived undesired transformations. The aim of this paper is to analyse the changes of the main indicators, related to the potato sector, and vertical price transmission among the chain of potatoes in Lithuania. The conducted research indicates the most important development trends of the potato sector and applies econometric techniques to investigate if there is any long-run relationship between the farm and retail prices of potatoes for the period of 2010 to 2016. Although the statistics show the shrinking production and domestic consumption of potatoes in Lithuania, the analysis of the vertical price transmission does not provide evidence of market inefficiencies. The Johansen cointegration test confirms the existence of a long-run relationship between the farm and retail prices, while the Granger causality test shows that there is a bidirectional causality between the examined series. The M-TAR model does not provide evidence of the farm and retail price asymmetry in the long run.

Current paper contains the research concerning the role and concentration of IT specialists in contemporary Latvia. It is based on theoretical findings about the location of creative class in certain areas that meet the requirements of technology, tolerance and talent. At the same time, the advantages of creative people staying in the area are undoubted. Creative class and, first of all, super-creative core of creative class bring economic and technological development into the area it is located at. The goal of the article is to examine areas of creative IT specialist concentration within Latvia. The statistics and dynamics of IT position increase were examined and trends found. In order to define the role of IT specialists in Latvia, the allocations of IT specialists across the country were analysed. Herfindahl-Hirschman Index of Information and communication industry employee concentration was calculated. It was found that IT specialists in Latvia are extremely concentrated. Riga planning region accumulates 91.51% of all IT specialists in Latvia.