Entrepreneurship in Sustainable Development: SMEs Innovativeness in Lithuania

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ISSN 1392-2785 ENGINEERING ECONOMICS. 2007. No 4 (54)
THE ECONOMIC CONDITIONS OF ENTERPRISE FUNCTIONING
Entrepreneurship in Sustainable Development: SMEs Innovativeness in Lithuania
Kęstutis KriÅ¡čiūnas, Jolita Greblikaitė
Kauno technologijos universitetas
Europos institutas
Kęstučio g. 8, LT-44320, Kaunas
Purpose of the article Different economic development
in the European Union (EU) countries, especially
evaluating knowledge- base economy (KBE), conditions
migration of knowledge workers. Usually for that reason
the less authentic countries are suffering. So the inducement
of innovation processes, good conditions of
entrepreneurship are historic factors, capable strongly
influence accumulation of intellect instead of its lost.
KBE is based on knowledge generation and utilisation,
innovation, technology transfer, and, of course, entrepreneurial
activity (Krisciunas, Rinkevicius, 2002). These
components serve to successfully guarantee sustainable
economic development.
The actuality of entrepreneurship in KBE reveals the
scientific line showing interplay between economic
sustainability and modernization of entrepreneurship,
which could even influence migration flows.



The reckon of
research is to reveal why entrepreneurship is so important
in sustainable economic development, especially looking at
innovative SMEs as an entrepreneurial enterprises.
Design/methodology/approach Theoretical research
and analysis of scientific articles and statistical
data on small and medium-sized enterprises (SMEs) in
the EU are utilise in this study.
Findings The development of entrepreneurship research
was revealed; the features of modernity of entrepreneurship
in economic sustainability as sociability, competitiveness,
progressiveness, knowledge generation and
usage, innovativeness, dynamism were disclosed. The result
of the interplay of modernity of entrepreneurship and
migration flows was detected and proves...If you emergency to get a full essay, order it on our website: Orderessay



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