Knowledge transfer and innovation incubators: the context of the European Union

Margarita Išoraitė (), Nikolaj Ambrusevič () and Neringa Miniotienė ()
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Margarita Išoraitė: Vilniaus kolegija / Higher Education Institution, Lithuania
Nikolaj Ambrusevič: Vilniaus kolegija / Higher Education Institution, Lithuania
Neringa Miniotienė: Vilniaus kolegija / Higher Education Institution, Lithuania

Entrepreneurship and Sustainability Issues, 2024, vol. 11, issue 3, 50-64

Abstract: Since Lithuania became a member of the European Union in 2004, the main course of the country's economic development has changed. Lithuanian government was forced to search for new ways to ensure the wealth and prosperity of local society. One of the chosen methods for supporting economic growth was related to knowledge transfer and the incubation of innovations in Lithuania. The article aims to formulate theoretical and practical assumptions for knowledge transfer and incubation of innovations. Based on data from the State Data Agency and the European Statistics Bureau Eurostat research results, the situation in Lithuania is evaluated in the context of the European Union. Finally, juxtaposing theoretical background and research results helps establish main guidelines for further innovation development.

Keywords: knowledge; innovation; incubation; incubators; open innovation; sustainability; ecosystem; startups; research & development (search for similar items in EconPapers)
JEL-codes: I23 M21 M53 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:ssi:jouesi:v:11:y:2024:i:3:p:50-64

DOI: 10.9770/jesi.2024.11.3(4)

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