Knowledge-based approach for Lithuania: knowledge cluster's origin development and vision

Abstract

The paper aims at emphasizing the importance of knowledge management as a pilot project for investment productivity and competitiveness, presenting Lithuania as knowledge management case study. To show Lithuania's move in the direction of a knowledge-based-growth via creating a network of knowledge institutions, the "Sunrise Valley" and projects, present the vision and challenges of these projects and institutions as well as roots and origin of newly-born Lithuania's knowledge cluster with its infrastructure and future prospects. The researcher also made an attempt to study broader empirical/practical processes, that took place in transition economies including that of Lithuania, since it's experience might be adapted to other emerging market economies in the nearest future.