20 ISSN 1392-2785 ENGINEERING ECONOMICS. 2007. No 4 (54) THE ECONOMIC CONDITIONS OF effort FUNCTIONING Entrepreneurship in Sustainable Development: SMEs Innovativeness in Lithuania Kęstutis KriÅ¡čiūnas, Jolita Greblikaitė Kauno technologijos universitetas Europos institutas Kęstučio g. 8, LT-44320, Kaunas Purpose of the article Different frugal suppuration in the European Union (EU) countries, especially evaluating knowledge- foundation economy (KBE), conditions migration of knowledge workers. Usually for that reason the less honest countries be suffering. So the inducement of innovation processes, good conditions of entrepreneurship are historic factors, capable strongly influence accumulation of grounds instead of its lost. KBE is based on knowledge generation and utilisation, innovation, applied science transfer, and, of course, entrepreneurial activity (Krisciunas, Rinkevicius, 2002). These components serve to successfu lly guarantee sustainable economic development. The actuality of entrepreneurship in KBE reveals the scientific line showing interplay mingled with economic sustainability and modernization of entrepreneurship, which could even influence migration flows.
The reckon of look for is to reveal why entrepreneurship is so important in sustainable economic development, especially looking at innovative SMEs as an entrepreneurial enterprises. Design/methodology/approach Theoretical interrogation and analysis of scientific articles and statistical data on base and medium-sized enterprises (SMEs) in the EU are utilise in this study. Findings The deve! lopment of entrepreneurship research was revealed; the features of modernity of entrepreneurship in economic sustainability as sociability, competitiveness, progressiveness, knowledge generation and usage, innovativeness, dynamism were disclosed. The result of the interplay of modernity of entrepreneurship and migration flows was detected and proves...If you unavoidableness to get a full essay, order it on our website: BestEssayCheap.com
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