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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

Fishing has been an important source of livelihood for people living in coastal Estonia. European sprat and Baltic herring have always been staples for Estonian people. More recently, rainbow trout from fish farms has also become popular. Fish caught in Estonian waters and processed here reaches the tables of people living in other countries as well. Fishing and aquaculture statistics provide the following information: which fish and from which water bodies are caught the most; how Estonian fish farmers are doing. Fishing statistics are used to plan and monitor fishing activities and to manage

The focus of the global goal “Decent Work and Economic Growth” is to ensure sustainable and environmentally friendly economic growth that would not involve excessive and unsustainable use of resources. Sustainable economic growth helps people escape poverty and find employment. The 2030 Agenda sets a target to achieve higher economic productivity, using diversification, technological upgrades and innovation, and focusing among else on sectors that have high value added and are labour-intensive. It is also expected that governments support the creation of decent jobs, entrepreneurship