Abstract. The paper aims to detect character of relationship between fi xed investments and economic growth in Lithuania and predict plausible tendencies of further change of considered variables. In order to achieve the indicated task, authors concentrate themselves on two major questions. Firstly, quantitative relationships between investments into major areas of economic activities and Lithuanian economic growth are being estimated. Secondly, comparative analysis of Lithuanian pattern of investment and randomly taken developed European country is being performed. Authors seek to trace how the latter invested during its process of development. Concrete period of observation is being chosen taking into account the current level of Lithuanian economic development. Authors seek to trace plausible consistent patterns of development in terms of relationship between fi xed investments and economic growth as countries develop. Obtained results might allow identifying the role of fi xed investments, and, if to go further, facilitating forecasts of possible trends of fi xed investment and corresponding economic growth.

Santrauka. Ekonominis augimas mažiau išsivysčiusiose šalyse yra tikslas ir priemonė geresnei gyvenimo kokybei pasiekti, priartėti prie kitų šalių jau pasiekto pragyvenimo lygio. Straipsnyje autoriai trumpai apžvelgia ekonominio augimo pasekmes ir sąnaudas. Remdamiesi egzistuojančiomis ekonominio augimo teorijomis, autoriai išskiria veiksnius, kurie Lietuvos sąlygomis galėtų skatinti ekonominį šalies augimą. Prielaidos apie šių veiksnių įtaką yra statiškai tikrinamos, naudojant 1998-2005 metų duomenis. Gauti rezultatai straipsnyje ekonomiškai interpretuojami, pasiūlomos kai kurios ekonominės politikos kryptys.Reikšminiai žodžiai: ekonominis augimas, ekonominio augimo veiksniai, kiekybinis įvertinimas. Summary. Economic growth in less developed countries serves as aim and driving force to achieve better living quality, to approach level of living already reached by other countries. In the present paper authors go through such questions as consequences of economic growth and their costs. Basing on available economic growth theories authors distinguish factors, which could display the strongest impact on country's economic growth. Assumptions about influence of chosen factors are statistically tested employing data of the 1998-2005 period. Analysis results are economically interpreted, some policy implications formulated. SOME ASPECTS OF LITHUANIAN ECONOMIC GROWTH

The aim of the paper is to reveal specific features of functioning of virtual organizations in order to suggest directions of efficient management in traditional firms. Specific features of virtual organizations are classified and compared to those of traditional ones. The authors suggest the ways enabling to incorporate innovation into management of traditional organization in order to achieve more efficient performance of latter ones.

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Santrauka. Straipsnyje nagrinėjama, kiek tiesioginės užsienio investicijos lemia Baltijos šalių bendrąjį vidaus produktą ir eksportą. Atskirai tiriama, kokie veiksniai daro įtaką tiesioginių užsienio investicijų srautams į šalis. Straipsnyje suformuluotos prielaidos apie konkrečius sąryšius tarp tiesioginių užsienio investicijų, bendrojo vidaus produkto, eksporto, mokesčių naštos, rinkos dydžio ir kt. Lietuvoje, Latvijoje ir Estijoje. Prielaidoms tikrinti naudojama koreliacinė analizė, reikšmingumui įvertinti -Stjudento kriterijaus metodas. Kiekybinis atskirų sąryšių įvertinimas leidžia palyginti ir ekonomiškai interpretuoti tiesioginių užsienio investicijų vaidmenį Baltijos šalių ekonomikoje, leidžia suformuoti valstybių požiūrį į tiesioginių užsienio investicijų skatinimą. Summary. Influence of foreign direct investment on the gross domestic product and export of Baltic States is being analyzed. A separate part of research includes the analysis of the factors influencing the flows of foreign direct investments in the countries. The hypotheses that were stated concentrate on relationships between foreign direct investment, gross domestic product, export, tax burden, market size, etc. in Lithuania, Latvia and Estonia. In order to check the hypotheses the correlation analysis and the Student's criteria method are being used. Quantitative analysis of separate relations enables to compare and economically interpret the role of foreign direct investment in the Baltic countries economies and allows forming the attitude of states towards the stimulation of foreign direct investment.