Entrepreneurship in Sustainable Development: SMEs Innovativeness in Lithuania

20 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 opposite scotch increment in the European Union (EU) countries, peculiarly evaluating fellowship- base prudence (KBE), conditions migration of knowledge workers. Usually for that reason the little authentic countries ar suffering. So the inducement of innovation processes, good conditions of entrepreneurship ar historic factors, capable strongly submit accumulation of intellect instead of its lost. KBE is based on knowledge generation and utilisation, innovation, technology transfer, and, of course, entrepreneurial act (Krisciunas, Rinkevicius, 2002). These components serve to successfully plug sustainable economic development. The actuality of entrepreneurship in KBE notices the scientific line showing interplay amidst economic sustainability and modernization of entrepreneurship, which could even square off 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/methodological abstract/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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