COMPETITIVENESS OF LATVIAN FIRMS IN CHINA

Abstract

The results of the firms’ performance are one of the key aspects in the research of competitiveness. The competitiveness of firms is a concept that involves many aspects of measurement. There are many models that can be used to assess the international competitiveness of firms, including the competitiveness of foreign firms in the Chinese market. The opportunities of Latvian firms to enter China market and the capabilities of Latvian firms to compete in China have not so far been sufficiently studied. In 2010 the export volume of Latvian firms to China was 25 million EUR and more than half of it was export of raw materials. The model of SME competitiveness is used to research the competitiveness of Latvian firms in Chinese market. This paper analyses the theoretic concepts for competitiveness of the firms in China and the competitiveness of Latvian firms in China.

DOI: http://dx.doi.org/10.5755/j01.em.17.2.2174