Lithuania : Aiming for a Knowledge Economy
Knowledge is increasingly crucial for productivity, competitiveness, and growth. While Lithuania has a well-established culture of valuing knowledge, it is using its knowledge assets-human resources, education systems, researchers and entrepreneurs...
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| Format: | Knowledge Economy Study |
| Language: | English en_US |
| Published: |
Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2003/03/2210551/lithuania-aiming-knowledge-economy http://hdl.handle.net/10986/14769 |
| Summary: | Knowledge is increasingly crucial for
productivity, competitiveness, and growth. While Lithuania
has a well-established culture of valuing knowledge, it is
using its knowledge assets-human resources, education
systems, researchers and entrepreneurs, and so on-below
capacity, and so forgoing opportunities to compete
internationally as well as potential growth and income. In
recent years Lithuania has made progress in a few areas of
the knowledge-based economy, particularly in terms of
improving the economic and institutional regime and
developing infrastructure for information and communications
technology. But less progress has been made on improving
education systems, and Lithuania has performed poorly in
advancing its systems for innovation. The challenge for
Lithuania is to develop new engines of growth and to
diversify economic activities. Key to improving
competitiveness are the systematic generation, use, and
communication of knowledge throughout the economy and
society-not just in high-tech sectors but also in areas such
as textiles, wood processing, and agribusiness. And not just
among the educated elite, but among the general population.
The ability to network within and outside Lithuania,
supported by Internet access, will become increasingly
important to accessing and using knowledge. |
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