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 contrastive economic development in the European Union (EU) countries, oddly evaluating noesis- base economic system (KBE), conditions migration of knowledge workers. Usually for that reason the little authentic countries argon suffering. So the inducement of innovation processes, good conditions of entrepreneurship be historic factors, capable strongly limit accumulation of intellect or else of its lost. KBE is based on knowledge propagation and utilisation, innovation, technology transfer, and, of course, entrepreneurial natural action (Krisciunas, Rinkevicius, 2002). These components serve to successfully assure sustainable economic development. The actuality of entrepreneurship in KBE dampens the scientific line showing interplay betwixt economic sustainability and modernization of entrepreneurship, which could even ascertain 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 abbreviation/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 observe and proves...If you emergency to get a full essay, order it on our website: Orderessay

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