Sustainable development through technology transfer networks: case of Lithuania

Abstract

Considering lack of benchmarking and observation data, the article analyses issues of technology transfer in Lithuania. Comparison of Lithuanian innovation performance with EU country members is given as well as foreign direct investments in last period. While analysing main technology transfer networks, article explains what problems Lithuanian clusters meet in each model. The main conclusion is that Lithuanian clusters lack experience and investments, also Lithuanian enterprises are mainly small and may not be interested to invest in the development and adoption of technology.