Dr.oec. Joseph Menaker (USA) is a Board Member of the Institute of European Policy Research, LightPath Technologies Inc., UAV Factory Holdings LLC and Tsal Kaplun Foundation. Dr. Menaker started his career at the Institute of Economics of the Latvian Academy of Sciences. He continued his research work at the New York City Department of Finance and Taxation after immigrating to the U.S. as a political refugee in 1989. Dr. Menaker’s research topic was the Econometric Modelling of Regional Economies. During his years as a research scientist, Dr. Menaker published over twenty research papers and books and participated in numerous scientific conferences as a panelist and keynote speaker. Currently, Dr. Menaker’s research is focused on the development and challenges of high-tech industry in Latvia. He is a visiting professor at the University of Latvia Business, Economic, and Management Department master programme “European Studies “ (2001) and “European Studies and Economic Diplomacy” (since 2018). He also has cooperated with Riga Technical University by participating in scientific conferences and research collaboration at the Faculty of Engineering Economics and Management.