The sector of high technology in Lithuania in the context of the European Union

Abstract

The author of the presented paper aims at analysing sector of high technology of Lithuania in the context of the European Union. The author brings forward an overview of the theoretical aspects of the sector of high technology development, suggested by different scientists. International theories of high technology development, such as the Triple Helix Model, the Knowledge System Model, and systematic model of Lithuanian national development program are analysed here, too. In addition, the author's overview of a variety of implementation of the suggested models in different countries of the European Union is performed in the paper. Theoretical framework for the measurement of high technology development is also discussed here. The author foresees some general guidelines for analysis of high technology development. As a result, the author’s suggestion to investigate processes of high technology development based on three main factors: total investment, labour productivity, expenditure on research and development — is raised. Analysis of performance of Lithuanian sector of high technology in the context of the European Union is based on data, provided by European Statistical Bureau Eurostat and Organisation for Economic Cooperation and Development.