Supporting innovations in the priority areas
To build a more supportive environment for businesses in the defined priority areas, Latvia combines the triple helix (industry-research-state) innovation model with a bottom-up approach.
© LMT
Here’s how it works:
First, the challenges hindering the development of these sectors are defined through close cooperation between specialized industries, research institutions, and state representatives. Then, we come up with a detailed strategy to remove the defined obstacles, as well as introduce new support mechanisms.
Smart sectors we focus on
ICT
Information and communications technologies (ICT) main subsectors include telecommunication technologies, software and cloud solutions, artificial intelligence (AI), IT support, automation & robotics
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Smart materials
Smart materials, technologies, and engineering system main subsectors include functional materials for photonics and electronics, thin layers and coatings, energy harvesting and storage, and smart materials equipment, devices & systems
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Biomedicine
Biomedicine, medical technologies, and bio-pharmacy main subsectors include personalized medicine, translational medicine, environmental health, digital health technologies, and smart health systems
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Smart energy
Main subsectors include wind energy, Combined Heat and Power (CHP), hydroelectric energy, component manufacturing for the energy industry
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Knowledge-intensive bio-economy
Main subsectors include woodwork, sustainable fisheries, and sustainable agriculture
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