Evaluation of the implementation of smart specialisation strategy in Lithuanian industry

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Collection:
Mokslo publikacijos / Scientific publications
Document Type:
Straipsnis / Article
Language:
Anglų kalba / English
Title:
Evaluation of the implementation of smart specialisation strategy in Lithuanian industry
Authors:
In the Journal:
Journal of business economics and management. 2022, Vol. 23, no. 6, P. 1299-1314
Subject Category:
LT
Inovacijos / Innovations.
Summary / Abstract:

ENThis article provides data-driven analyses of Lithuanian foreign trade activities. We combine Herfindahl-Hirschman Index (HHI) and Lauraéus-Kaivo-oja Index (LKI) measures to identify key changes and trends in export and import structures of the Lithuanian economy. The findings suggest that the export and import portfolios of the Lithuanian economy have been successfully diversified and the Lithuanian Smart Specialisation Strategy (S3) successful implemented in years 2015 through 2020. Presented in the form of HHI and LKI time series, our findings and the corresponding conclusions will be relevant to both the Lithuanian export and import industry and to industrial and economic policymakers in Lithuania and in international export and import agencies. Keywords: industrial structure, smart specialisation, Herfindahl-Hirschman Index, Lauraéus Kaivo-oja Index, export portfolios, import portfolios. [From the publication]

DOI:
10.3846/jbem.2022.18295
ISSN:
1611-1699; 2029-4433
Subject:
Ekonomika / Economics
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Permalink:
https://www.lituanistika.lt/content/102104
Updated:
2023-07-04 20:47:53
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