Institute of Economics of the Latvian Academy of Sciences

IE LAS is registered in the Register of Scientific institutes of the Ministry for Education and Science of the Republic of Latvia as a scientific and research institution.

The mission of the Institute is to facilitate the development of Latvian economy in the regions and in the country as a whole, preparing based on researches, competent assessments and opinions on ongoing processes in the economy of Latvia, Baltics and Europe, as well as elaborating recommendations related to development opportunities of economy.

The aims of IE LAS include fostering interaction of science, education, technology and culture to create knowledge-based society, improvement competitiveness in science and technology development, development of the social dialogue to strengthen the cooperation between science, entrepreneurs, social partners, and educational institutions to promote the civic engagement in science, support to young scientists.

The great attention Institute is giving to work with entrepreneurs and young people to facilitate creative leadership and sustainable economics’ development, particularly in regions. IE LAS priorities in those fields are development of entrepreneurship education and improvement of business environment, youth engagement in science, promotion of education, integration of young people into labour market, involvement of youth in entrepreneurship, science and technology and engineering (STEM) disciplines.

The activities done by IE LAS are the following: elaboration of scientific research in economics and other branches of social sciences, as well as in interdisciplinary fields; providing consultations on socio-economic development processes in the country and organisations, including analysis of financial market and business consulting; scientific consultations on the development of research works, publications and dissertation theses; exploration of the intellectual resources and accomplishments of the scientific works; development and implementation of European Union and international innovative projects; development of policy recommendations to policy-makers; facilitating the local ethnical Latvian craftmanship and startups’ development; organisation of round-table discussions, conferences and annual International Economic Forum to present innovative scientific practices to wider international audience and increase science and business synergy; scientifically educational activities for creative leadership development and science popularization for general public.