State system of innovative business support was created in Latvia during last years and the first conclusions about the efficiency of this system can be made at present time. To evaluate the efficiency of innovative business support system it is necessary to compare in some way innovative and non-innovative companies. The main task of this article is to provide the frame for innovative and non-innovative business comparison and describe on the base of this frame the main differences between innovative and non-innovative companies in Latvia at present time. The main result of investigation is the conclusion that at present time innovative business has certain advantages for development in Latvia, especially in regions, because the main weak point of innovative business -high risk -is oppressed by general business risk growing due to economic crisis.

We are living in world of dynamic changes, and transformations of global systems and the environment around us leave an impact on how we define our goals, strategies and values at a professional level, and also in everyday life. The ecosystems of innovation and economic development are related to human resources. In that case, some simple questions arise: What? How? Why? But the answer is never too simple. While changes are small and do not interrupt our everyday life, it is simple to overcome; but there are changes that immediately have a big impact on people's lives. And the covid-19 pandemic is that kind of change. A Smart Specialisation Strategy defines the prospects for economic development for each region. It is necessary to develop and implement strategic plans and policies for development at a regional and national level, and include social capital, cooperation and innovation. And there are usually some companies that lose and some companies that win, due to the different types of crisis and unexpected conditions. The aim of this paper is to analyse how the dynamic environment impacts on regional development and entrepreneurship during the covid-19 pandemic crisis. The aim of this paper is to study possible changes and solutions in different industries at a regional level, and develop recommendations The materials and methods used are monographic method (literature studies), statistical data, and the analysis of a survey of companies in the region in order to analyse the transformation process of the regional economic environment. conclusions: cooperation, innovation and local entrepreneurship at a regional level have an important impact on economic development at a national level.

Innovation and an innovative approach in management, education and leadership have been changing over decades, according to the dynamic world we are living in. changes start at an individual level, with the personality, and only those who have changed themselves can start to lead others towards global change. the Latvian National Development Plan defined aspects of polycentric development for all the regions of Latvia. Each region has resources, strengths, weaknesses, opportunities and threats, but human resources are the most important resource for change, creative ideas and sustainable development. the education system changes very slowly, from lecture learning to a more inclusive 'learning by doing' approach. this approach has been used in northern countries for a while, but Latvia has just now started to implement the approach. the term 'innovation' today is wider than product, process, service or organisational innovation. At a national and regional level of development, it is crucial to encourage inhabitants of the region to stay in or return to rural areas, and create knowledge and enterprises in the region and their home town. the aim of the paper is to evaluate the involvement of residents in management activities and regional development processes, and their willingness to participate in the creation of knowledge and innovative entrepreneurship and co-creation. the paper is a review of literature on theoretical aspects of the creation of innovation in the region in a combination of survey analyses of residents. the methodological approach is based on two steps: a review of research literature, and an analysis of the results of a survey of residents of the region of their willingness to be involved in processes and tasks for regional development, and some aspects of analysis of entrepreneur opinion about innovative solutions in their companies. the article consists of four main parts: 1) the theoretical findings of a systemic approach to innovation and development; 2) the role of the innovation process in development from different perspectives; 3) an analysis of a survey of the region's residents about their willingness to be involved in processes of regional development; 4) aspects of innovation used in regional entrepreneurship. the significance of the paper is to define aspects of regional development relating to innovation and co-creation.

Universities prepare professionals who will guide and influence organizations in the future, so the issue of qualitative, excellent business education is and will continue to be relevant. How to identify universities that provide qualitative business education is a topical issue for potential students, parents and universities themselves. Aim of this research was to explore what is understood in the scientific literature by "business education excellence and quality", by which methods they are evaluated and raised and to develop recommendations for practically applicable methods in a university. It may be concluded that in the studies on the quality and/or excellence of higher education, the definitions of these terms are often not provided or are different and vary widely. The evaluation methods used are also different. Evaluating the quality and/or excellence of higher education is a difficult task and often impossible because it requires a standard to compare. The quality and/or excellence of higher education can be judged by the use of indicators, such as the number of companies established by graduates, profits of start-ups, the number of jobs created, the amount of taxes paid. In order to produce qualitative results, it is important to provide high quality inputs-program, academic staff, students, material resources, and environment. University ratings and quality certificates shall not be used as key tools for assessing the quality/excellence of higher education. Universities are facing new challenges and their success will be greatly influenced by their ability to change, to be fast, creative and cooperative.

Innovation and entrepreneurship in regions is one of essential tools, in added value creation in economics and in development in national level. It is very important to encourage creativity, new ways of thinking and continuous process of learning of individuals. there are some different approaches how to measure competitiveness of state economy and competitiveness in regional level. Global competitiveness Index shows competitiveness of state among other world economies based on the 12 pillars of competitiveness, which is difficult to apply in regional or entrepreneurial level due to lack of data at regional level. Innovation is a key factor for development and competitiveness in individual (individual, enterprise) and institutional (local governmental institutions, regional, national and global level. Scientific problem of article is that impact of creativity, knowledge creation and dissemination and cooperation could not be measured trough quantitative data. Aim of the article is to define support model for cooperation of individual-institutional level in innovative entrepreneurship and its impact on regional development. Methods ar analysis of scientific literature, and political planning documents for define of support model in dynamic external environment.