Sustainable Innovativeness: Issues and Public Policy

Abstract

A paper seeks to justify a need for the better development of sustainable innovative entrepreneurship by public policy initiatives. It takes into account two sides of this issue going from the main challenges of business innovation activity to the possible public policy actions necessary to improve the existing situation. The main focus of this paper is directed on the improvement of current Lithuania's innovation policy for the more effective business innovation promotion. Moreover, a concept of the innovative entrepreneurship is also discussed here as a foundation of the linkage between innovation and entrepreneurship policies. The research is based on the interpretative, systematic and comparable analysis of the quantitative and qualitative data. The paper provides the results of Lithuania's innovative enterprises survey performed by the author. The findings include the issues related to the innovative business needs and the role of innovation policy actions in the promotion of this kind of business.

Sustainable Economic Development: Scenarios for Promotion of Social Innovation in Latvia

“…Social innovation is often associated with individuals and non-profit organizations, however, many social innovations are created in the business sector. Moreover, the government, the market, a variety of social movements, organizations and educational institutions are also interested in the creation of social innovation (Bulut, Eren & Halac 2013;Phills, Deiglmeier & Miller 2008;Balkiene 2013). This finding was also confirmed by the results of the focus group interviews, in which participants strongly agreed that social innovation is important for all the sectors of the economy of Latvia to satisfy unmet needs of Latvian society.…”

Success evaluation model for project management

“…The issue of project success is the subject of discussion among a number of experts both in project management and other areas (Joslin & Muller, 2015;2013;Todorovic et al, 2015). There are a large number of metrics for the measurement of project success.…”

“…The risks associated with deadlines or budgets are extremely serious. Problems of project modelling and simulation are highly topical at the present time, because the application of project management principles is expanding into further areas -change management (Cummings et al, 2016;Yin-xiang, 2013), crisis management (Wimelius & Engberg, 2015), innovation management (Balkienė, 2013;Dudzevičiūtė & Tvaronavičienė, 2011;Grossmann, 2009), etc. -which have only very basic features of projects.…”

Energy Efficiency as Precondition of Energy Security

“…Index ( (2014) The European Union is facing challenges resulting from increased dependence on energy imports, comparatively limited energy resources, as well as ambitious objectives to stabilize climate change and to overcome the economic crisis (Lankauskienė, Tvaronavičienė 2012 Lithuania and the other Baltic countries have a vision of rapid economic growth in the medium and long-term period, which allow reaching an average of economic development in the EU-28 countries in terms of GDP per capita measured in Purchasing Power Standards. The economic growth in this case will be followed by increase of final energy consumption, which provides appropriate conditions for the development of economic activities in all branches of the national economy (Balkienė 2013;Tvaronavičienė 2012;Vosylius et al 2013;Balitskiy et al 2014;Peker et al 2014, Scaringelli 2014Tvaronavičienė 2014;Vasiliūnaitė 2014). Enhancement of energy efficiency will guarantee slower pace of energy demand growth.…”

“…;Tvaronavičienė 2012;Balkienė 2013;Mačiulis, Tvaronavičienė 2013;Vosylius et al 2013;Balitskiy et al 2014;Peker et al 2014, Scaringelli 2014Tvaronavičienė 2014;Vasiliūnaitė 2014). Energy efficiency achieved through innovative technological solutions is assumed as a valuable means to address these challenges(Balkienė 2013;Laužikas, Mokšeckienė 2013;Ala-Juusela et al 2014;Guruz, Scherer 2014;Cuneo et al 2014;Barberis et al 2014;Figurska 2014;Lankauskienė 2014;Raudeliūnienė et al 2014;Tarabkova 2014;Tvaronavičienė et al 2014). Directive 2012/27/EU of the European Parliament and of the Council of 25 October 2012 on Energy Efficiency was approved with an objective of saving 20% of the EU primary energy consumption by 2020 compared to projections in 2007 (Directive 2012/27/EU 2013).…”