Perspectives of Innovations, Economics and Business

  Previous Article | Back to Volume | Next Article
  Abstract | References | Citation | Download | Preview | Statistics
Volume 2
Issue 2
Online publication date 2009-10-09
Title Crisis as a catalyst: the role of Schumpeterian innovation in the Lithuanian economy
Author Vincentas Rolandas Giedraitis, Ausra Rasteniene
Abstract What circumstances allow businesses to flourish in a stagnant world economy? We ask that question in our discussion of the uniquely favorable circumstances of the biotechnology sector in Lithuania. The purpose of this paper is to analyze Lithuania’s ability to expand its economy during a time of crisis, focusing on its unique ability to innovate in such sectors as biotechnology.
Adamczyk, A., 2009. “Institutional changes in the economies of Central and Eastern European countries and the situation of the labour market”, Ekonomika: 85: pp.45-56 

The Economist, 2007. media/pdf/Democracy_Index_2007_v3.pdf. Retrieved April 14, 2009 

Dicken, P., 2003. Global Shift: Reshaping the Global Economic Map in the 21st Century. London: Sage

Eurostat, 2008. Retrieved April 3, 2009

Gruzevskis, B., 2007. Labour Migration in Lithuania, Institute of Labour and Social Research. Vilnius

Haq, M., 1996. Reflections on Human Development, Oxford University Press

Innovations Report, 2008. “Lithuanian biotech growing fast.” Retrieved April 3, 2009

Köhler G. and Tausch A., 2002. Global Keynesianism: Unequal exchange and global exploitation, Huntington: Nova Science

Lithuanian Department of Statistics, 2009. Exports and Imports by CN Section, Retrieved on April 15, 2009

OECD, 2008. “International migration outlook 2008: Country notes Lithuania”, OECD, Retrieved April 16, 2009, dataoecd/57/11/41255896.pdf

Porter, M., 1990. The Competitive Advantage of Nations,  New York: Free Press

Porter, M., 1998. On Competition, Boston: Harvard Business School

Prebisch, R., 1950. The Economic Development of Latin America and Its Principal Problems,  New York: United Nations

Pranulis, V.; Giedraitis, V.; Grundey, D.; Vogelius, R., 2008. “A Myopic Vision: Risks Beyond the Maastricht Inflation Criteria”, Transformations in Business and Economics, 7

Schumpeter, J., 1943. Capitalism, Socialism, and Democracy. London: Unwin University 

Solomou, S., 2004. “Phases of Economic Growth, 1850-1973:  Waves and Kuznets Swings”, New York: Cambridge University Press

World Bank, 2008a. “Statement by World Bank Group President Robert B. Zoellick on the Summit of G20 Leaders.” WBSITE/EXTERNAL/NEWS. Retrieved April 3, 2009 

World Bank, 2008. “Edstats – Country Profiles.” Retrieved April 16, 2009

Yotopoulos P. and Sawada Y., 2005. “Exchange Rate Misalignment: A New test of Long-Run PPP Based on Cross-Country Data” CIRJE Discussion Paper CIRJE-F-318, February 2005, Faculty of Economics, University of Tokyo

Keywords Schumpeter, innovation, Kondratiev wave, biotechnology, business cluster theory
Pages 11-13
Download Full PDF Download
  Previous Article | Back to Volume | Next Article
Search in articles
Journal Published articles
PIEB 611
Journal Hits
PIEB 1765140
Journal Downloads
PIEB 28483
Total users online -