No abstract

No abstract

The paper analyzes the international competitiveness of the multi-dimensional and quite complex phenomenon, his concept of relevance. In many countries, most of the export share of manufacturing output is, therefore, the competitiveness of the industries have a decisive impact on the country's international competitiveness. The analysis of the international competitiveness of the country in scientific publications, the number of factors which lead to some kind of international competitiveness of the country's climate. Key factors determining the competitiveness of human capital, patents, high technology, research and development of innovation through the development, determining the progress of society. Development of the economy is cyclical upturn replace declines, and vice versa, there is a debate in the scientific literature on the impact of the Government of the country's economic development. Because of this contradiction is more than one hundred ongoing scientific debate remains relevant today. According to scientific studies suggest that these countries have more resources to the development of innovative economy is more stable than in other countries that this activity is funding less.

No abstract

The role of the factors influencing economic growth during economic recessions and the role of these factors in separate economic phases are analysed. The purpose of the research is to assess the impact of innovations on economic growth during recession. The analysis of the situation in manufacturing sectors of Lithuania during economic recession in 2007 to 2009 has revealed several characteristics of innovations for this period due to which Lithuanian manufacturing enterprises managed to successfully function and remain competitive. The influence of household consumption expenditure on the growth of GDP in Lithuania is described by the function close to the linear, so we see a direct relation between these two variables. The influence of export on GDP is described by a convex function which has showed the declining influence of export on the GDP growth in the long-term perspective. Thus, contrary to a rather popular belief in transition countries, the main engine of growth in the long-term is not export. The long-term GDP growth is impossible without stimulating the growth in household consumption expenditure.