KEY FACTORS FOR THE SUCCESSFUL IMPLEMENTATION OF THE NATIONAL INNOVATION POLICY: THE CASE OF LITHUANIA

Journal Title: Analele Universităţii Spiru Haret, Seria Economie - Year 2019, Vol 19, Issue 2

Abstract

Innovations play the crucial role in the economic growth in modern countries. It requires the technological progress and smart people as two main resources, needed for the actors in the national innovation system. Results of the national innovation system depend on the national innovation policy: its goals and priorities set in the agenda, policy formulation and adoption, its implementation process and its correction after the evaluation. But despite of the same stages of the public policy cycle, some countries implement the successful innovation policy (gain competitive advantage and the economic-social benefit from it) and some countries struggle (they try to catch-up other countries in the field of innovations). Lithuania as a small developed country in the EU has made a huge progress in terms of economics, social and technological advantage. However, despite of declared goals of innovation policy and the priorities in national strategies, governmental funding, promotion and support, the national progress in innovations in Lithuania still remains low. Therefore, stimulus and barriers for the successful implementation of Lithuanian innovation policy should be identified and analyzed, looking for problems and possible solutions. This paper aims to explain main theoretical implications about the successful implementation of innovation policy and to reveal how it is reflected in the case of national innovation policy in Lithuania. Scientific methods of the literature analysis, document analysis, secondary data analysis, summarizing, and interpretation are used in the research.

Authors and Affiliations

Vita Juknevičienė

Keywords

Related Articles

ERRORS AND FRAUD IN ACCOUNTING. THE ROLE OF EXTERNAL AUDIT IN FIGHTING CORRUPTION

Accounting errors and fraud are common in most businesses, but there is a difference between fraud and misinterpretation of communication or accounting regulations. The role of management in preventing fraud becomes impo...

NATURAL RESOURCES AND SUSTAINABLE DEVELOPMENT IN A MOUNTAIN ECONOMY

This paper presents the existing situation at national and world level considering the available water resources, their vulnerability especially in the mountains areas, the impact of climate changes, the possible conflic...

THE OPINIONS AND PREFERENCES OF THE EUROPEAN BUYERS ON THE FURNITURE AND FURNITURE ACCESSORIES MARKET

In this article we aim to analyze the preferences and opinions of European furniture buyers in the context of Germany, Italy, Poland, France and Austria being among the top 10 world furniture manufacturers, accounting fo...

A RELATIVE ASSESSMENT OF THE CONTRIBUTIONS OF AGRICULTURE, OIL AND NON-OIL TAX REVENUES TO NIGERIA’S ECONOMIC EXPANSION

The decline in oil prices globally has led to diversification of economy in most oil enriched countries. In Nigeria, more attention is given to agriculture and non-tax revenue sources to ensure that the country overcomes...

THE ECONOMIC IMPACT ON GLOBAL TOURISM

Tourism is an important economic activity in most countries around the world. As well as its direct economic impact,the industry has significant indirect and induced impacts. The outlook for the Tourism sector in 2017 r...

Download PDF file
  • EP ID EP592802
  • DOI 10.26458/1921
  • Views 56
  • Downloads 0

How To Cite

Vita Juknevičienė (2019). KEY FACTORS FOR THE SUCCESSFUL IMPLEMENTATION OF THE NATIONAL INNOVATION POLICY: THE CASE OF LITHUANIA. Analele Universităţii Spiru Haret, Seria Economie, 19(2), 25-50. https://www.europub.co.uk/articles/-A-592802