• ISSN: 2301-3567 (Print), 2972-3981 (Online)
    • Abbreviated Title: J. Econ. Bus. Manag.
    • Frequency: Quarterly
    • DOI: 10.18178/JOEBM
    • Editor-in-Chief: Prof. Eunjin Hwang
    • Executive Editor: Ms. Fiona Chu
    • Abstracting/ Indexing:  CNKI, Google Scholar, Electronic Journals Library, Crossref, Ulrich's Periodicals Directory, MESLibrary, etc.
    • E-mail: joebm.editor@gmail.com
JOEBM 2015 Vol.3(6): 633-638 ISSN: 2301-3567
DOI: 10.7763/JOEBM.2015.V3.257

Investment to Technologies Strengths and Weaknesses: Lithuania in the Context of EU

Ruta Adlyte, Loreta Valanciene, and Rytis Krusinskas

Abstract—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.

Index Terms—Investment to technologies indicators, competitiveness, innovation strategy.

The authors are with the Kaunas University of Technology, Lithuania (e-mail: ruta.adlyte@ktu.lt, loreta.valanciene@ktu.lt, rytis.krusinskas@ktu.lt).


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.

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