—This investigation was performed in order to find
the main strengths and weaknesses of investment to
technologies in Lithuanian case. The overview of literature
complaining investment to technologies issues was made and the
knowledge based economy was selected as the theoretical
background for this investigation. Different investigations
regarding investment to innovations were also reviewed and on
the base of these investigations, the methodology for the
investment to technologies evaluation was created. The
summarized Investment to Technologies Index (ITI) was
developed and Lithuania was assessed in the context of other
European Union countries in the respect of three different
perspectives: Skills and knowledge, Financial Investment and
Technological Output. The investigation has shown Lithuanian
potential and also week spheres that must be developed in order
to reach the goals of Lithuanian Innovation Strategy 2010-2020.
—Investment to technologies indicators,
competitiveness, innovation strategy.
The authors are with the Kaunas University of Technology, Lithuania
(e-mail: email@example.com, firstname.lastname@example.org,
Cite: Ruta Adlyte, Loreta Valanciene, and Rytis Krusinskas, "Investment to Technologies Strengths and Weaknesses:
Lithuania in the Context of EU," Journal of Economics, Business and Management vol. 3, no. 6, pp. 633-638, 2015.