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Innovation refers to the launch of a new or significantly improved product or service or the introduction of a new business process. The aim of innovation is to create value and gain a competitive advantage, which will benefit the enterprise’s development and increase productivity, simultaneously contributing to economic growth. Product or process innovation can involve the application of new technological solutions, a new combination of existing technologies or the application of the knowledge available to the enterprise. However, innovation may not always result in the launch of a new

Considering the turnover, internal trade is the largest economic activity in Estonia. It covers wholesale and retail trade as well as repair of motor vehicles and motorcycles. Internal trade is closely connected with other activities – goods that people buy in shops or on the internet come from factories, craftsmen and farmers. The goods are carried by transport enterprises. Consumption of products made in Estonia supports local business, and also means that the goods are delivered to consumers in the most cost-effective way. Statistics Estonia publishes the following data for trade

The culture and meaning of work have changed significantly over time. In addition to earning an income to cover basic needs, people expect self-growth and self-realisation opportunities from their jobs. Work life quality at the society level means healthy and skilled jobs for as many people as possible in order to ensure high employment and productivity. Employers hope to find people with suitable skills from the labour market. Employees wish to work secure, safe and interesting jobs, which are also flexible enough to allow contributing to the society outside the job and enjoying fulfilling

The focus of the goal “Affordable and Clean Energy” is access to reliable, sustainable and affordable energy. Further efforts must be made for the availability of electricity or other energy sources used for preparing food. Energy efficiency and the use of renewable energy must be increased. The 2030 Agenda sets the target to increase the share of renewable energy in energy production, double the rate of improvement in energy efficiency, i.e. reduce energy intensity per unit of GDP. Specifically, it is important to contribute to the development of better financial instruments, to define

The focus of the goal “Affordable and Clean Energy” is access to reliable, sustainable and affordable energy. Further efforts must be made for the availability of electricity or other energy sources used for preparing food. Energy efficiency and the use of renewable energy must be increased. The 2030 Agenda sets the target to increase the share of renewable energy in energy production, double the rate of improvement in energy efficiency, i.e. reduce energy intensity per unit of GDP. Specifically, it is important to contribute to the development of better financial instruments, to define