2013-2014 report 2013-2014.pdfanja schuster, [vaiginiene, erika], fabian jintae froese, hanoku...

1

International Business School at Vilnius University 2013-2014

Report on Research and Innovations

2013-2014

INTERNATIONAL BUSINESS SCHOOL

AT VILNIUS UNIVERSITY

VILNIAUS UNIVERSITETO

TARPTAUTINIO VERLO MOKYKLA

2


CONTENTS

1 About VU IBS 3

2 Research and Innovations Committee 4

3 Congratulations - They are cited 5

4 Statistics of scientific publications 8

5 Innovations and Entrepreneurship Centre 10

6 Conferences and other events 12

7 Scientific and applied research other projects 15

71 International projects 15

72 Projects of national programms 17

73 Commissioned and other research 22

8 Publications 24

81 Scientific monographs studies 24

811 Scientific monographs studies published in public house of International

recognition 26

82 Scientific articles in journals and other quoted scientific publications 27

83 Bookstextbooks 36

84 Conference Presentations 37

85 Popular science publications and scientific events 42

3


1 About VU IBS

Vision To become a university center of excellence in global business developing competitive professionals providing innovative education training and business consulting services

Mission To nurture motivated students to become socially responsible leaders by instilling in them an entrepreneurial spirit Values Professionalism democracy partnership and the continuation of university tradition

Baltic Management Development Association (BMDA)Baltijos vadybos

pletros asociacija

Central and East European Management Developement Association

(CEEMAN)Centrines ir Rytu Europos vadybos pletros asociacija

Consortium of International Double Degrees (CIDD)Tarptautiniu

dvigubu diplomu konsorciumas

GERA - Global Entrepreneurship Research Association

Global Entrepreneurship Monitor

International Chamber or Commerce (ICC) Lietuvos verslo

konfederacija ICC Lietuva

European Foundation for Management Development (EFMD)Europos

vadybos pletros asociacija

Russian Association of Business Education (RABE)Rusijos verslo

švietimo asociacija

4


2 Research and Innovations Committee

Name Affiliation E-mail Address

Assocprof

ROLANDAS

STRAZDAS

International

Business

School at

Vilnius

University

(Lithuania)

Rolandasstrazdasvgtult Sauletekio

ave 22 LT ndash

10225

Vilnius

Lithuania

Chairman of

the

Committee

Prof Dr hab

DOROTA

DOBIJA

Kozminski

University

(Poland)

dobijakozminskiedupl

ul

Jagiellońska

5759 03-301

Warsaw

Prof

HANS

RUEDIGER

KAUFMANN

University of

Nicosia Scool

of Business

(Cyprus)

International

Business

School at

Vilnius

University

(Lithuania)

Kaufmannrunicaccy Apollon

Beach

Gardens II

House Nr 12

7560

Perivolia

Cyprus

Assocprof

EGIDIJUS

BIKAS

International

Business

School at

Vilnius

University

egidijusvlngmailcom Sauletekio

ave 22 LT ndash

10225

Vilnius

Lithuania

Dr

JELENA

ANGELIS

Technopolis

Group

(International)

jelenaangelistechnopolis-

groupcom

ANDRIUS

BAGDONAS

Sauletekio

Valley

(Lithuania)

andriusbagdonassunrisevalleylt Sauletekio

ave 15 LT ndash

10224

Vilnius

Lithuania

Chairperson of

VU IBS

Student

Representation

Office

International

Business

School at

Vilnius

University

(Lithuania)

pirmininkastvmsalt Sauletekio

ave 22 LT ndash

10225

Vilnius

Lithuania

5


3 Congratulations - They are cited

BURAČAS Antanas ŽVIRBLIS Algis Multiple criteria evaluation of entrepreneurship development newly EU

countries Saarbrucken Lambert Academic Publishing 2012 74 p ISBN 9783659112119

Cited by 2 (Google Scholar)

BURAČAS Antanas Žvirblis Algis Multicriteria Evaluation of National Entrepreneurship in Newly EU Countries

International Journal of Economic Sciences and Applied Research 2011 Vol 4 No 1 ISSN 1791-5120 P 79-94

Quoted by 1 (Google scholar)

BURAČAS Antanas ŽVIRBLIS Algis Multiple criteria assessment of the countrys knowledge economy determinants

Transformations in business amp economics 2012 vol11 Nr3 (27) ISSN 1648-4460 P 124-137

Cited by 2 (ISI Web)

Cited 2 (Google scholar)

BURAČAS Antanas Žvirblis Algis Jokšienė Izolda Measurement of Entrepreneurship Macro Surrounding Advantages Countryrsquos

Economic Competitiveness Approach Engineering economics 2012 vol23 (1) ISSN 1392-2785 P 5-13

Cited by 4 (Google scholar)


BEKERIS Rokas The impact of macroeconomy indicators upon SMElsquos profitability Ekonomika 2012 T 91 Nr 3

ISSN 1392-1258 P117-128

Cited by 3(Google scholar)

[BIKAS Egidijus JUREVIČIENĖ Daiva DUBINSKAS Petras NOVICKYTĖ Lina] Behavioural finance The

Emergence and Development Trends Procedia social and behavioral sciences Amsterdam Elsevier BV 2013 vol 82

ISSN 1877-0428 P870-876



ČEKANAVIČIUS Linas KASNAUSKIENĖ Gindra Too High or Just Right Cost-Benefit Approach to

Emigration Question Inzinerine Ekonomika (Engineering Economics) 2009 N1 (61) ISSN 1392-2785 P

28-36



Dikčius Vytautas Medekšienė Elvita A Child Impact on Parents Purchasing Decision Ekonomika ir

vadyba aktualijos ir perspektyvos 2008 4 (13) ISSN 1648-9098 P 106-113


URBONAVIČIUS S DIKČIUS V PETRAUSKAS A Impact of ethnocentrism on buyerlsquos choise of

organic food products The 6th International Sientific conference Business and Management 2010 selected

papers Vol1 ISSN 2029-4441 P 511-517


DUBINSKAS Petras STUNGURIENĖ Stanislava Alterations in the financial markets of the Baltic countries and

Russia in the period of economic downturn Technological and economic development of economy 2010 Nr16(3)

ISSN 2029-4913 P 502-515

Cited by 3(ISI Web)


Mongrut S PAŠKEVIČIUS Arvydas DUBINSKAS Petras KOVALEVSKAJA Renata Fuenzalida D

Estimating the cost of equity in the Baltic Region Ekonomika 2010 N89 (3) ISSN 1392-1258 P 40-54


[BIKAS Egidijus JUREVIČIENĖ Daiva DUBINSKAS Petras NOVICKYTĖ Lina] Behavioural finance The Emergence and

Development Trends Procedia social and behavioral sciences Amsterdam Elsevier BV 2013 vol 82 ISSN 1877-0428 P870-876



6


GUDAITIS Tadas bdquoGyvenimo cikloldquo fondų investavimo strategijos pritaikymo privačių pensijų fondų sistemoje

galimybių vertinimas [The assessment of possibilities to apply ldquoLife-cyclerdquo funds investment strategy to the

private pension system] Applied Economics systemic research 2012 Vol6 No 1 ISSN 1822ndash7996 P115-127


Navickas M [GUDAITIS Tadas] Krajnakova E Influence of Financial Literacy on Management of

Personal Finances in a Young Household Business Theory and Practice Verslas Teorija ir Praktika

Vilnius Vilniaus Gedimino technikos universitetas 2014 vol 15(1) P 32-40 ISSN 1648-0627 Cited by 1 (Google scholar)

ČEKANAVIČIUS Linas KASNAUSKIENĖ Gindra Too High or Just Right Cost-Benefit Approach

to Emigration Question Inzinerine Ekonomika (Engineering Economics) 2009 N1 (61) ISSN 1392-2785

P 28-36 Cited by 7 (ISI Web)


Loureiro S MC [KAUFMANN Hans Ruediger] Explaining Love of Wine Brands Journal of

Promotion Management 2012 Vol 18 Iss 3 P 329- 343 Cited by 2 (Google scholar)

KAUFMANN Hans Ruediger Loureiro Sandra Maria Correia Basile Gianpaolo Vrontis Demetris The increasing

dynamics between consumers social groups and brands Qualitative Market Research An International Journal Vol 15

Iss 4 P 404 ndash 419

Cited by 6 (Google scholar

Le Bas Christian LAUŽIKAS Mindaugas Cooperation and Partnership in the Innovation Process the Case of the

Information Technology Sector in Lithuania Intellectual Economics 2010 Nr 1(7) ISSN 1822-8011 P 7ndash17

Cited by 4 Google scholar)

Le Bas Chr LAUŽIKAS M Determinants of innovation culture and major impacts on the innovation

strategy the case of the Information technology sector in Lithuania Societal studies 2010 4(8) P 125ndash

139 ISSN 2029ndash2236 Cited by 4 (Google scholar)

LAUŽIKAS Mindaugas DAILYDAITĖ Simona Benefits of social capital for sustainable Innovation capabilities

Journal of security and sustainability issues ISSN 2029-7017 2013 Vol 2(3) P 85-97 Cited by 3(Google scholar)

[LAUŽIKAS Mindaugas MOKŠECKIENĖ Rasa] The role of creativity in sustainable business Entrepreneurship and

Sustainability Issues Vilnius Entrepreneurship and Sustainability Cente ISSN 2345-0282 2013 Vol 1(1) P 10-22 Cited by 3 (Google scholar)

[LAUŽIKAS Mindaugas KRASAUSKAS Antanas] Impacts of sustainable structural growth on the economic

performance of listed companies Entrepreneurship and sustainability issues Vilnius Entrepreneurship and Sustainability

Center 2013 vol1(2) ISSN 2345-0282 P 80-91 Cited by 6 (Google scholar)

NAZELSKIS Eugenijus Profesinio informavimo ir konsultavimo priemonių taikymas darbuotojų kaitai mažinti

[Application of measures for vocational guidance and counseling to reduce staff turnover] Vocational

Education Research and Current Issues 2010 No19 ISSN 13926241 P 116 ndash 130


NAZELSKIS Eugenijus Profesinis orientavimas švietimo ir verslo plėtros kontekste [Vocational guidance in the context of education and business development] Acta paedagogica vilnensia 2010 Vol 25 ISSN 1392-5016 P

100 ndash 109

Cited by 7 (Google scholar) NAZELSKIS Eugenijus The Challenge for Professional Guidance ndash new professions in the labour market Acta pedagogika Vilnensia 2011 No26 ISBN 1392-5016 P135-146


NAZELSKIS Eugenijus Tūtlys VidmantasEmergence and introduction of the new occupations and qualifications in the national

systems of occupations and qualifications ndash theoretical and practical issues Business research challenges in a turbulent era 4th annual

EuroMed conference of the EuroMed academy of business October 20th ndash 21th 2011 University of Nicosia conference readings book

proceedings Elounda EuroMed Press 2011 ISBN 9789963711017 P 1283 ndash 1308


NAZELSKIS Eugenijus Ūkio subjektų dalyvavimas profesinio orientavimo veikloje ndash reikiamų darbuotojų užsitikrinimo priemonė

organizacijose [The involvement of business entities in vocational guidance activities is a secure measure of obtaining the necessary

employees in organisation] Vocational Education Research and Relevant Issue 2013 Nr24 ISSN 1392-6241 P86 ndash 99


7


Jasienė Meilė PAŠKEVIČIUS Arvydas Lietuvos pinigų ir kapitalo rinkų tarpusavio sąveiką lemiančių veiksnių

analizė [Analysis of Lithuanias monetary and capital markets interaction and factors impacting this interaction] Business Theory and Practice 2010 N 11(2) P 107 ndash 115 ISSN 1648-0627


PAŠKEVIČIUS Arvydas SAČILKA Ovidijus Structured securities and their development in Lithuania

Ekonomika 2010 t 89 (4) ISSN 1392-1258 P66-84


Mongrut S PAŠKEVIČIUS Arvydas DUBINSKAS Petras KOVALEVSKAJA Renata Fuenzalida D Estimating the cost of

equity in the Baltic Region Ekonomika 2010 N89 (3) ISSN 1392-1258 P 40-54




ISSN 2029-4913 P 502-515

Cituoja 3(ISI Web)


STUNGURIENE Stanislava Optimization of the Ratio of the Bank Payment Cards Price and Quality Engineering

Economics 2010 N 21(1) ISSN 1392 ndash 2785 P 12 ndash 18



STUNGURIENĖ Stanislava URBŠIENĖ Laima Assesment of construction object financing solutions Technological and economic

development of economy 2011 vol1 nr4 ISSN 2029-4913 P579-594



URBŠIENĖ Laima The Concept of Globalisation current approaches Business Theory and Practice 2011 12(3)

ISSN 1648-0627 P 203-214


STUNGURIENĖ Stanislava URBŠIENĖ Laima Assesment of construction object financing solutions Technological

and economic development of economy 2011 vol1 nr4 ISSN 2029-4913 P579-594



Kavaliauskė Monika VAIGINIENĖ Erika Franchise Business Development Model Theoretical

Considerations Business Theory and Practice 2011 N 12(4) ISSN 1648-0627 P323-331


Vas Taras Dan V Caprar Daniel Rottig Riikka M Sarala Norhayati Zakaria Fang Zhao Alfredo

Jimeacutenez Charles Wankel Weng Si Lei Michael S Minor Paweł Bryła Xavier Ordentildeana Alexander Bode

Anja Schuster [VAIGINIENE Erika] Fabian Jintae Froese Hanoku Bathula Nilay Yajnik Rico Baldegger and Victor

Zengyu Huang A Global Classroom Evaluating the Effectiveness of Global Virtual Collaboration as a Teaching Tool in

Management Education Academy of Management Learning amp Education 2013 Vol 12 No 3 ISSN 1537-260X P 415-

435


8


4 Statistics of scientific publications

2008 2009 2010 2011 2012 2013 2014

Total number of publications 17 14 56 44 33 35 40

Number of publications in data bases

approved by the Research Council of

Lithuania and in publications with

scientific apparatus 9 13 54 43 34 34

40

Number of publications referred to on ISI

web data base 0 2 4 2 3 6

9

Number of books published by prestigious

foreign publishing houses 0 0 0 0 2 1

2

Number of authors of VU IBS 13 9 20 22 27 26 37

Of them - students 4 1 5 4 7 4 10

Points 2017 29 22966 11754 19082 24044 32699

Number of publication titles 10 8 30 22 22 25 26

17 14

5644

34 35 40

201729

22966

11754

19082

24044

327

0

50

100

150

200

250

300

350

2008 2009 2010 2011 2012 2013 2014

Dynamics of scientific output grouth (2008-

2014)

Number of publications Number of points

17 14

54

44

28 27222017

29

122811754

6455

11835

104

0

20

40

60

80

100

120

140

2008 2009 2010 2011 2012 2013 2014

Dynamics of publication of scientific

articles (2008-2014)


2353

647

1176

4286

4286

714

714

1786

661

1071

536

3182

6136

682

12

21

1

31

6006

858

30

6215

255

0

20

40

60

80

100

2008 2009 2010 2011 2012 2013 2014

Publications ratio accordint to fields (proc)

2008 - 2013

Economics Management Law Psychology

248

653

99

50

414

5234

106

712

152

3

381

542

77

1624

8279

079

6365

2732

896

4885

4841

092183

0

20

40

60

80

100

2008 2009 2010 2011 2012 2013 2014

Ratio of points for publication according

fields (proc) 2008 - 2013


9


0

5

10

15

20

25

30

2010 2011 2012 2013 2014

31

3

8

15

31

4

27

10

31

4

23

4

Growth Rate of Co-authoring Publications with Foreign Institutions for 2010-2014

Co-authoring publications Co-authors number

Number of Institutions

Funding of scientific activities and innovations in 2011 ndash2014 (Eur)

Source of funding 2011 2012 2013 2014

International projects of scientific

research 19723 23312 65630 17150

Commissioned applied research 17493 109234 197810 101604

Funds allocated by The Lithuanian

Research Council 22330 55327 105162 65300

Financing by the EU structural funds 29778 106158 274952 59310

In total 89324 294030 643553 243364

0

5

10

15

20

25

30

35

2008 2009 2010 2011 2012 2013 2014

64

15 1513 13

15

52

14 15 15

31

27

2 2

9 810

26

16

Growth Rate of Co-authoring Publications with Other Institutions for 2008-2014



10


5 Innovations and Entrepreneurship Centre

Staff

Rima Aušra Jūra Daiva

Rubčinskaitė Diliautaitė Žilytė Mažeikaitė Director of Deputy Director - Project manager Junior researcher

the Centre Lawyer

Goals of Innovations and Entrepreneurship Centre

Carry out activities which will contribute to the international competitiveness of Lithuanian

business innovation and long-term economic growth

To muster researchers to conduct scientific research that meets the needs of the economy (the

market) and society

Activity areas of The Innovations and Entrepreneurship Centre

Cooperation between businesses the Government and researchers in applied research areas

Studies that meet the demands of the market and society

Nurture and career development of researchers

Assistance in finding funding for scientific research activities

Initiation of thematic research programs networks

Participation in thematic research networks

Transfer of technology knowledge to the market

Implementation of innovative activities in all VU IBS processes

Organisation of science and popular science events

Implementation and coordination of business acceleration processes

11


Actors in VU IBS science and innovations activities

Ieva AdomaitytėmdashSubačienė

Nikolaj Ambrusevič

Prof Jelena Angelis

Prof Antanas Apynis

Dr Skaistė Batulevičiūtė

Dr Florian Berger

Assoc Prof Dr Egidijus Bikas

Assoc Prof Dr Tatjana Bulajeva

Academician Antanas Buračas

Prof Jūratė Černevičiūtė

Miglė Černikovaitė

Petras Dubinskas

Assoc Prof Dr Vytautas Gavelis

Dr Tadas Gudaitis

Prof Thomas Heimer

Žilvinas Jančoras

dr Andrius Jaržemskis

Dr Daiva Jurevičienė

Andrius Juškys

Prof Dr Hans Ruediger

Kaufmann

Greta Keliuotytė

Prof Dr Stasys Kropas

Assoc Prof Dr Mindaugas

Laužikas

Dr Liudvika Leišytė

Dr Daiva Lepaitė

Dr Saulė MačiukaitėmdashŽvinienė

Dr Renata Matkevičienė

Dr Goumlran Melin

Aistė Miliūtė

Dr Inga Milišiūnaitė

Prof Dr Eugenijus Nazelskis

Dr Lina Novickytė

Prof Arvydas Paškevičius

Rasa Paulienė

Dr Dolores Sanchez Bengoa

Assoc Prof Dr Dalius Serafinas

Prof Dr Marija Stonkienė

Assoc Prof Dr Rolandas Strazdas

Prof Dr Stanislava Stungurienė

Dr Laima Urbšienė

Eigirdas Žemaitis

12


6 Conferences and other events

A cycle of Lectures and Seminars

ldquoDevelopment of Retail Electricity and Smart

Networksldquo

May 2014

The purpose of the cycle of seminars was to familiarise

students with the electricity market and the features of its

liberalisation development of the retail electricity market

and the smart grids renewable energy and electricity

market

The cycle of seminars was conducted by Assoc Prof Dr Rimvydas Baltaduonis The

lecturer has gained extensive experience in the area of energy economics and management Also he

has conducted research in universities of Australia Guatemala and Lithuania He currently teaches

experimental economics and conducts research in the field of the energy economy at Gettysburg

College in the United States of America and at the same time follows the ongoing processes in the

Lithuanian energy sector provides observations and comments on the ongoing reforms in this area

The lecturer is recognised as one of the most prominent experts in the field of energy economics and

management

A Seminar

ldquoInnovation Creativity and Talent

Development in Enterprises of Information

and Communication Technologyldquo

May 2014

The seminar was attended by the participants of

the project ldquoInnovation Creativity and Talent E-training Program for ICT SMErsquos (ICT4SMEs)ldquo who

had an opportunity to test the distance learning program developed during the course of the project

This workshop was constituent part of training

The seminar was conducted by Roger Camras (UK) and Dr Mindaugas Laužikas (VU

IBS)

Roger Camras has a great experience in IT technology and management areas has been

influencing the most significant IT developments and discoveries since the 7th decade (one of the

pioneers of the global IP network cloud computing developers etc) He has discovered and ldquogrownrdquo

a number of start-ups which have been successfully operating until now I encourage using every

opportunity to get to know him to take the opportunity to analyse specific situations in practice based

on his experience and knowledge

Dr Mindaugas Laužikas Associate Professor at VU IBS has gained experience in ICT sector

companies in London as a financial analyst contributed to the development of derivative financial

instruments platforms business conducts scientific activities in the field of innovation creativity

knowledge-based economy human resources high-tech fields is the Head of the Global Enterprise

Monitor GEM study (httpwwwgemconsortiumorg ) in Lithuania

13


The Series of Events ldquoScience Cafeldquo

Moments from the events

ldquoScience Cafeldquo of 13 May 2014

The event was aimed at familiarising the community of VU IBS with the 2012-2013 Report on

Scientific Activities celebrating the achievements and sharing further business plans and expectations

On 13 May 2014 a

Presentation - Discussion was held on

A Scientific study MANAGEMENT OF THE BANKlsquoS FINANCE THE LESSONS LEARNT

AND THE EFFECTS OF REGULATORY MECHANISMSldquo

The authors of the study Stasys Kropas Linas Čiapas Giedrius Šidlauskas Danas

Vengraitis During the event the individuals who were interested in financial crisis had the opportunity

to have their questions answered by Dr Stasys Kropas a co-author of the study Professor at VU

IBS the President of the Lithuanian Banking Association

14


ldquoScience Cafeldquo of 8 October 2014

The event involved the following Jurgita Vizgirdaitė Coordinator of the Faculty Performance

and Development familiarised the community of VU IBS with the results of the assessment of the

performance of academic staff of VU IBS highlighted the main activities carried out by the faculty of

VU IBS thanked the most deserved lecturers presented the evaluation criteria

This event also involved the presentation of

A Scientific Monograph

ldquoCREATIVE BUSINESS MANAGEMENT IMPROVEMENT OF PROCESSESldquo

(Presentation of the manuscript)

Prof Dr Jūratė Černevičiūtė head of the project financed by the Research Council of

Lithuania together with other participants and co-authors of the project namely Assoc Prof Dr

Rolandas Strazdas and Žilvinas Jančoras presented the final outcomes obtained in devising the

methodology for the improvement of creative business enterprises ie a manuscript of the monograph

ldquoCreative Business Management Improvement of Processesldquo shared their insights and answered the

questions

ldquoScience Cafeldquo of 18 December 2014

During the event Prof Arvydas Paškevičius head of the project ldquoA Study of Investment Attraction in

the Lithuanian Capital Marketrdquo financed by the Research Council of Lithuania presented the findings of the

investigation Dr Jurgita Vizgirdaitė Coordinator of Faculty Performance and Development presented the

core concepts of her dissertation ldquoEducational empowerment of students by cooperating in university studiesrdquo

shared insights on how these results can be adapted to the educational process

During the event gratitude was extended to the most prominent colleagues in the research activities of

VU IBS The the following nominations were announced ldquoInternational citation of the year 2014rdquo (Petras

Dubinskas) ldquoMagnet of the Yearrdquo (prof Stanislava Stungurienė for active involvement of students in VU IBS

science activities) ldquoSocial Responsibility of the Yearrdquo (Dr Jurgita Vizgirdaitė for the active promotion of

students and involvement in social projects) ldquoDrive of the Yearrdquo (Daiva Mažeikaitė for the implementation of

two complicated projects) ldquoStudent of the Yearrdquo (Lina Vaitkūnaitė for her maximum contribution during the

interpship period while working with clients of the Innovations and Entrepreneurship Centre)

15


7 Scientific and applied research other

projects 71 International projects

E-government services to SMEs in the rural areas in the Baltic Sea region Goal The application of the E-governments solutions for the public sector in providing services that meet the needs of small and medium-sized business (SMB) in the Baltic Sea region Objectives

To improve the adaptation of public sector services to meet the needs of businesses

To promote the regional integration of skilled labour force

To create virtual meeting places for SMEs Partners 4 partners from Germany Finland and Denmark 3 partners from Latvia and Estonia respectively 1 partner from Sweden and 1 partner from Belarus The representatives of the working group in Lithuania Rokas Bekeris Aistė Miliūtė Duration 20090917 ndash 20130316

bdquoInnovation Creativity and Talent e-training program for ICT SMErsquos

(ICT4SMEs)

The aim of the project

To develop implement and evaluate the individualised training programmes targeted at

the development of creativity innovation and talent and coaching skills

Results The outcome of the project ldquoICT4SMEsrdquo was the development and testing of a 7 ECTS-

credit distance-learning programme targeted at one of the most promising business

sectors ie the information and communication (ICT) companies Thirty Lithuanian

small and medium business representatives working in the field of ICT were given the opportunity to try out a

designed programme for free and to apply the obtained knowledge into their businesses The individuals who

successfully completed the training were awarded certificates

Partners ESADE Business School (Spain) Office of the Marshal of the Pomorskie Voivodeship (Poland) Octrium (Holland) Camrass amp Company Ltd (the United Kingdom) Gdansk University of Technology (Poland)

Working group members in Lithuania Project manager Dr Erika Vaiginienė Senior researcher Dr Mindaugas Laužikas Technical staff Daiva Mažeikaitė

Duration

October 2012 ndash September 2014

Project financed by Lifelong Learning Programme

16


Public Engagement Innovations for Horizon 2020

The implementation of the PE2020 involves identifying analysing and

developing new and innovative measures of public engagement in science

(research projects education programmes) seeking to ensure the dynamic state

management

The aim and objectives of the project (1) to create a new policy evaluation

instrument for the science policy actors which will enable to identify evaluate

and successfully transfer innovative public engagement experience between

European countries (2) to create 2-6 theoretical practices for public engagement

in the decision-making processes

PE2020 will expand the possibilities of the European and national science policy actors to involve the public in

decision-making by providing new instruments for open access public engagement that will be included in the

Horizon 2020 programmersquos requirements and implementation process

Results

Inventory of PE procedures and practices in 37 European countries

Catalogue of 50 PE case descriptions

A refined typology of PE tools and instruments

A conceptual model of PE across the dynamically governed research policy cycle and related participatory

performance factors

Project partners National Consumer Research Centre (Finland) University of Helsinki (Finland) University of Aarhus

(Denmark) Labaratotorio di Scienze della cittadinanza (Italy) Vilnius University International Business School

(Lithuania)

Project duration February 2014 - February 2016

VU IBS research group Head of the research group Dr Saulė Mačiukaitė-Žvinienė

Chief researcher Dr Vytautas Dikčius

Researcher Dr Loreta Tauginienė

The project is funded by the European Commission under the 7th Framework programme

New model of teaching business start up knowledge

for adults citizens (NORDPLUS)

Results

The outcome of the project was the training module developed for adults whointend to start their own

business or acquire new skills and competences required for the search of job vacacies The module depending

on the content taught was developed using the latest teaching methods for adult teaching

Partners

Daugavpils University (Latvia) Economics and Management Institute (Estonia)

The working grouprsquos representatives in Lithuania Project manager Dr Erika Vaiginiene

Project executor Andrius Juškys

Expert Gediminas Varnas

Duration

May 2014 ndash December 2014

The project was funded by the Nordic Council of Ministers

17


72 Projects of national programms

ldquoThe dynamics of Entrepreneurship and intrapreneurship in Lithuania 2012 ndash

2014rdquo The project team

Project manager and Senior researcher Dr Mindaugas Laužikas

Senior researcher Dr Erika Vaiginienė

Senior researcher Dr Vykinta Rosinaitė

Researcher Aistė Miliūtė

Junior Researcher Skaistė Batulevičiūtė

The project in brief This study aims to analyse the dynamics of entrepreneurship and intrapreneurship in Lithuania within a

period of three years to identify the main macroeconomic factors which influence entrepreneurial and

entrepreneurial activities and to compare Lithuanian and world experience The three-year research cycle will

be based on a conceptual model which integrates entrepreneurship and intrapreneurship research methodologies

The created conceptual model will make it possible compare entrepreneurship and intrapreneurship activities in

Lithuania and in other countries around the world The entrepreneurship and intrapreneurship problems and

potential opportunities for the Lithuanian population will acquire a greater clarity in the global context whereas

the review of the processes of globalisation will make it possible to position the Lithuanian individuals involved

in entrepreneurship and intrapreneurship processes on a global scale Based on the findings of the research

recommendations will be provided to promote entrepreneurship and intrapreneurship in Lithuania

The project results

1 Laužikas Mindaugas Vaiginienė Erika Miliūtė Aistė Varnienė Skaistė Dailydaitė Simona

Jakimavičius Tomas Lietuvos verslumo stebėsenos tyrimo rezultatai 2012 Studija [Lithuanian

Entrepreneurship Monitor survey 2012 Study] Vilnius Vilnius University International Business

School 2013 ISSN 2335-2051 69 p

2 Laužikas Mindaugas Mokšeckienė Rasa The role of creativity in sustainable business

Entrepreneurship and Sustainability Issues 2013 Vol 1(1) P 10-22 ISSN 2345-0282

3 Laužikas Mindaugas Mokšeckienė Rasa The Role of Culture on Entrepreneurship in Lithuania

Social Research 2013 Nr 2 (31) ISSN 1392-3110 P 55-69

4 Laužikas Mindaugas Vaiginienė Erika Miliūtė Aistė Batulevičiūtė Skaistė Rosinaitė Vikinta Intraprenership as a precondition for entrepreneurship conceptual considerations Building New

Business Models For Success Through Competitiveness and Responsibility 5th EMRBI Conference

EuroMed Press 2012 ISBN 978-9963-711-07-9 P 1797-1799

5 Laužikas Mindaugas Vaiginienė Erika Rosinaitė Vikinta Miliūtė Aistė Batulevičiūtė Skaistė

Dailydaitė Simona The role of cultural and social norms on intrapreneurship in Lithuania

Confronting Contemporary Business Challenges through Management Innovation 6th EMRBI

Conference EuroMed Press 2013 ISBN 978-9963-711-16-1 P 1359-1380

6 Laužikas Mindaugas Vaiginienė Erika Miliūtė Aistė Varnienė Skaistė Jakimavičius Tomas Impacts of the fair of failure on the Dynamics of entrepreneurship in CEEC belonging to the EU since

2004 The Future of Entrepreneurship 7th EMRBI Conference EuroMed Press 2014 ISBN 978-

9963-711-27-7 P 867-887

7 Laužikas Mindaugas Dailydaitė Simona Impacts of social capital on transformation from

efficiency to innovation-driven business Journal of Business Economics and Management 2015

Volume 16(1) p 37ndash51


Grybauskienė Milita Užkuraitė Austėja Lietuvos verslumo stebėsenos tyrimo rezultatai 2013

Studija [Lithuanian Entrepreneurship Monitor survey 2013 Study] Vilnius Vilnius University

International Business School 2014 ISSN 2335-2051 89 p

Duration March 2012 ndash December 2014

Funded by the Research Council of Lithuania (Nr MIP-0092012)

18


ldquoResearch of attracting investments into Lithuanian capital marketrdquo

The project team

Project manager and Chief researcher Dr Arvydas Paškevičius Chief researcher Academician Habil Dr Antanas Buračas Chief researcher Dr Stanislava Stungurienė Researcher drLaimutėUrbšienė Researcher Rima Rubčinskaitė

The project in brief

Over the last decade the global financial and capital markets have undergone very significant

changes Scientists all over the world find that the modern advances have resulted primarily from rapid

development of computer technologies and advances in the area of communications In the conditions of

severe competition for investors funds both the developed countries and those which only begin to create

their capital markets began to rapidly liberalise the legal regulation of securities trade and its supervision

Instead of isolated closed national capital markets a single highly integrated capital market has emerged

The project aims to explore the factors which determine the attractiveness and competitiveness of the

capital market in Lithuania The final stage of the project will result in a complex of legal economic and

organisational recommendations that will enhance the attractiveness and competitiveness of the

Lithuanian capital market

The project results

1 [URBŠIENĖ Laima MATVEJEVA Aliona STASKEVIČIŪTĖ Jovita] The effect of financial

system development on economic growth evidence for Lithuania Tarptautinis verslas inovacijos

psichologija ekonomika Vilnius Vilniaus universiteto leidykla ISSN 2029-5774 2012 T 3 Nr 2(5)

P70-92

2 Jasienė Meilutė [PAŠKEVIČIUS Arvydas] Astrauskaitė Ieva Bond Market Analysis the Main

Constraints in the Research of 21st Century Business management and education = Verslas vadyba ir

studijos Vilnius Technika ISSN 2029-7491 2013 vol 11 no 2 p 224-240

3 [POCIUS Viktoras STUNGURIENĖ Stanislava PAŠKEVIČIUS Arvydas] The Factors of the

Attractiveness of the Capital Market of Lithuania Procedia social and behavioral sciences Amsterdam

Elsevier BV ISSN 1877-0428 2014 vol 110 P 1052-1062 ISSN 1877-0428

4 [BURAČAS Antanas MATVEJEVA Aliona URBŠIENĖ Laima ZABINSKAS Paulius] Formation and evaluation of financial investments impact on growth and optimization Saarbruumlcken

LAP Lambert Academic publishing ISBN 9783848494408 172 p




6 Astrauskaitė Ieva [PAŠKEVIČIUS Arvydas] COMPETITION BETWEEN BANKS AND BOND

MARKETS HARDLY IMPACTED OR SOFTLY COMPLEMENTED 5th International Conference bdquoThe

Economies of Balkan and Eastern Europe Countries in the changed worldldquo EBEEC 2013 Istanbul Turkey

May 9-12 2013 113 psl

7 [PAŠKEVIČIUS Arvydas] Strengthening of Lithuanian capital market competitiveness The 21st Global

Finance Conference March 31-April 2 2014 JW Marriott Marquis in Dubai UAE

Duration

May 2012 ndash April 2014


19


ldquoPreparation of Methodology for Improvement of Creative Business Enterprisesldquo The project working group

The project manager and senior researcher prof dr Jūratė Černevičiūtė

Senior researcher assoc prof dr Rolandas Strazdas

Junior researcher Žilvinas Jančoras


Creative industries are considered to be the core of the service economy and are important not only for

developing services but also in the processes of innovation In accordance with the overall innovation performance

indicators in 2012 Lithuania ranked as 62nd That means the inefficient use of resources not only for knowledge

and technology but also for the development of creative products The enhancement of the creation process

efficiency is an acute problem not only for Lithuaniarsquos but also for other countriesrsquo enterprises of creative

industries

Process analysis and continuous improvement methodologies (TPS LEAN TOC 6 Sigma etc) have been created

and widely used in manufacturing companies These methodologies enable manufacturing companies to reduce

costs and increase efficiency These techniques are being adapted also successfully applied to service companies

but the sector of creative industries has its own specifics the direct application of these techniques can adversely

affect the medium needed for creation processes and the quality of creative products

The project involves having conducting research to develop methodology for improvement of creative business

enterprises which can be applied to both Lithuanian and foreign companies of the creative industries seeking to

increase their efficiency and competitiveness

The project results

1 [STRAZDAS Rolandas ČERNEVIČIŪTĖ Jūratė] Increasing efficiency in collective creativity The

XXV ISPIM Conference ndash Innovation for Sustainable Economy amp Society Dublin Ireland on 8-11 June

2014 P 1-13

2 [CERNEVICIŪTE Jūrate STRAZDAS Rolandas] Collective creativity management model for

creative enterprises IEC 2014 The international conference on entrepreurship conference proceedings

Istanbul May 15-16 2014 Istanbul Istanbul Aydin University p 317-326 ISBN 978-6054303342

3 [STRAZDAS Rolandas ČERNEVIČIŪTĖ Jūratė] Verslo procesų identifikavimas kūrybinių

industrijų įmonių veiklos tobulinimo kontekste [Business process identification in the context of

improvement of creative industries corporate performance] [Business process identification in the context

of improvement of creative industries corporate performance 2014 t 5 Nr1(8) p14-26

4 [STRAZDAS Rolandas ČERNEVIČIŪTĖ Jūratė JANČORAS Žilvinas] Kūrybinio verslo

valdymas procesų tobulinimas monografija [Creative business management process improvement

monograph] Kaunas Technologija 2014 176 p

Duration July 2013 ndash September 2014

The project is funded by The Lithuanian Research Council Agreement No MIP-0922013

20


ldquoDimension of Individuals and Companies Behavioural Financesrdquo

The project team Project manager and Senior researcher Dr Egidijus Bikas Senior researcher Dr Daiva Jurevičienė Researcher Petras Dubinskas Researcher Lina Novickytė (doctoral student at VU) Researcher Greta Keliuolytė ndash Staniulėnienė


This study seeks to evaluate non-professional investors financial behaviour to reveal the cognitive and

emotional factors which influence market movements focusing on the investors limited rationality and to explain

the impact of psychology on investment activities The research focuses on Lithuanian companies and private

individuals in order to identify the types of non-professional investors which would effectively explain investors

financial decisions The results will be useful to governmental institutions that make decisions on the appropriate

fiscal and monetary policy measures The results will enable governmental institutions to more effectively

coordinate the borrowing policy of the state

The project results

1 [BIKAS Egidijus JUREVIČIENĖ Daiva DUBINSKAS Petras NOVICKYTĖ Lina] Behavioural

finance The Emergence and Development Trends Procedia social and behavioral sciences Amsterdam

Elsevier BV 2013 vol 82 ISSN 1877-0428 P870-876

2 [JUREVIČIENĖ Daiva NOVICKYTĖ Lina DUBINSKAS Petras KELIUOTYTĖ Greta] Personality

types of Lithuanian individual investors 1st Annual International Interdisciplinary Conference AIIC 2013

24-26 April 2013 Azores Islands Portugal conference proceedings Vol 1 Kocani European Scientific

Institute Publishing 2013 ISBN 9786084642039 P 31-40

3 [JUREVIČIENĖ Daiva BIKAS Egidijus KELIUOTYTĖ - STANIULĖNIENĖ Greta DUBINSKAS

Petras NOVICKYTĖ Lina] Corporate behavioural finance ndash the case of Lithuania Business management

and education = Verslas vadyba ir studijos Vilnius Technika ISSN 2029-7491 2013 vol 11 no 2 p 333-

349

4 [BIKAS Egidijus JUREVIČIENĖ Daiva NOVICKYTĖ Lina KELIUOTYTĖ ndash STANIULĖNIENĖ

Greta DUBINSKAS Petras] Neprofesionalių investuotojų elgsena finansų rinkose mokslo studija [Non-

professional investorsrsquo behavior in financial markets study] Kaunas Technologija 2013 109 p ISBN

9786090210154

Duration April 2012 ndash December 2013


21


Postdoctoral sabbatical

Supervisor Dr Teodoras Medaiskis

Researcher Dr Tadas Gudaitis The theme ldquoThe creation of a simulation model ldquoLife Cyclerdquo funds system

Results

1 [GUDAITIS Tadas] Gyvenimo cikloldquo ir bdquogyvenimo stiliausldquo fondų sistemų investavimo strategijų

vertinimas privačių antros pakopos pensijų fondų sistemos kontekste [Assessment of ldquoLife Cyclerdquo and

ldquoLife Stylerdquo funds investment strategies in the context of private 2nd pillar pension funds system]

Practice and research in private and public sector - 2012 international scientific conference

conference proceedings Vilnius April 26-27 2012 Vilnius Mykolo Romerio universiteto Leidybos

centras 2012 ISSN 2029-7378 p 406-416

2 [GUDAITIS Tadas] bdquoGyvenimo cikloldquo fondų investavimo strategijos pritaikymo privačių pensijų

fondų sistemoje galimybių vertinimas [The assessment of possibilities to apply ldquoLife-cyclerdquo funds

investment strategy to the private pension system] Applied Economics systemic research 2012 Vol6

No 1 ISSN 1822ndash7996 P115-127

3 [GUDAITIS Tadas] Privačių antros pakopos pensijų fondų investicinės veiklos rezultatų Lietuvoje

vertinimas Ekonomikos vystymasis procesai ir tendencijos II-osios tarptautinės mokslinės -

praktinės konferencijos įvykusios Vilniaus kolegijos ekonomikos fakultete 2013 mkovo 20 d

Vilnius[Evaluation of private second pillar pension fund investment performance in Lithuania

Economic Development Trends and Processes 2nd international scientific - practical conference held

in faculty of Economics of Vilnius College on 20 March 2013 Vilnius] UAB bdquoCiklonasldquo 2013 ISBN

978-609-436-019-0 p65-82

4 [GUDAITIS Tadas] Lietuvoje veikiančių privačių antros pakopos pensijų fondų investicinės veiklos

rezultatų analizė Practice and research in private and public sector ndash 2013 3rd international

scientific conference conference proceedings Vilnius Mykolas Romeris University April 11-12 2013

ISSN 2029-7378 p 203-2015

5 [GUDAITIS Tadas] Medaiskis Teodoras Was the Participation in Second Pillar Successful in

Lithuania Athens 2013 ATINERS Conference Paper Series No ECO2013-0605 P5-16

6 [GUDAITIS Tadas] Medaiskis Teodoras Assessing the impact of second pillar component on old

age pension in Lithuania Ekonomika 2013 t 92 nr 4 ISSN 1392-1258 P 54-72

7 [GUDAITIS Tadas] bdquoGyvenimo cikloldquo fondų sistemos simuliacinio modelio sukūrimas ir

pritaikymas Lietuvos pensijų kaupimo sistemoje Projekto bdquoPodoktorantūros stažuočių įgyvendinimas

Lietuvojeldquo mokslinių straipsnių rinkinys 2014 ISBN 978-609- 417-079-9 p18-22

8 Maccioni Fiori A [GUDAITIS Tadas] Optimal Individual Choice of Contribution to Second Pillar

Pension System in Lithuania CRENoS Working Papers Cagliari Crenos 2014 N2 P 1-17

9 Navickas M [GUDAITIS Tadas] Krajnakova E Influence of Financial Literacy on Management of


Vilnius Vilniaus Gedimino technikos universitetas 2014 vol 15(1) P 32-40 ISSN 1648-0627

Duration

March 2012 ndash February 2014

Funded by the Research Council of Lithuania( in accordance with VP1-31-ŠMM-01)

22


73 Commissioned and other research

Commissioned RampD study ldquoProspective application of the research methodology

of the policy of higher educationrdquo

The goal of the RampD study was to test the research methodology (hereinafter ndash Methodology) and to prepare recommendations for its application in the strategic management of the system of studies Objectives

- To carry out the analysis of changes in the studies policy in Lithuania in 2009-2011 in the areas of study quality socio-economic environment and the management of the study system

- To conduct the comparative analysis of the Lithuanian studies policy and the European Higher Education Area (hereinafter ndash EHEA) as well as the EU strategic provisions to substantiate the recommendations concerning the instruments of the study policy and the improvement of its implementation

- To substantiate the recommendations of the Methodology application in the strategic management of the studies system

The project team

Senior researcher and Project manager Dr Erika Vaiginienė Researcher ndash expert Rima Rubčinskaitė (Masterrsquos degree) Chief researcher ndash expert Dr Marija Stonkienė Researcher ndash expert Dr Renata Matkevičienė Researcher ndash expert Dr Inga Milišiūnaitė Chief researcher ndash expert Dr Juozas Ruževičius Senior researcher ndash expert Dr Dalius Serafinas Senior researcher ndash expert Dr Daiva Lepaitė Senior researcher ndash expert Dr Tatjana Bulajeva Senior researcher ndash expert Dr Vikinta Rosinaitė Researcher ndash expert Dr Andrius Jaržemskis Senior researcher ndash expert Dr Egidijus Bikas Senior researcher ndash expert Dr Mindaugas Laužikas Researcher ndash expert Petras Dubinskas Researcher ndash expert Aistė Miliūtė (Masterrsquos degree) Expert Dr Goumlran Melin (Technopolis Group) Expert Prof Thomas Heimer (Technopolis Group) Expert Dr Florian Berger (Technopolis Group) Expert Liudvika Leišytė PhD (University of Twente ndash CHEPS)

Project results [VAIGINIENĖ Erika] Stonkienė Marija [JARŽEMSKIS Andrius] et al Lietuvos studijų politikos

2009ndash2011 m pokyčių kompleksinė analizė [monografija] [A complex analysis of the changes in the

Lithuanian policy on studies from 2009 through 2011 a monograph] Vilnius Mokslo ir studijų stebėsenos ir

analizės centras 2013 465 p ISBN 978-9955-9334-0-3

httpwwwmostaltimagesdocumentsanalizelietuvos_studiju_politikos_2009E280932011_m_pokyciu

_kompleksine_analizepdf

[VAIGINIENĖ Erika] Stonkienė Marija Leišytė Liudvika et al Lietuvos studijų politikos ir EAME bei

Europos Sąjungos strateginių nuostatų lyginamosios analizės ataskaita studija [A report on benchmarking the

Lithuanian policy on studies and the strategic provisions of the EHEA and the European Union a study]

Vilnius Mokslo ir studijų stebėsenos ir analizės centras 2013 373 p ISBN 978-9955-9334-1-0

httpwwwmostaltimagesdocumentsanalizelietuvos_studiju_politikos_ir_eame_bei_es_strateginiu_nuostatu

_lyginamosios_analizes_ataskaitapdf Duration June 2012 ndash December 2013

23


Commissioned research in accordance with the instrument ldquoInno-vouchers LTldquo

The services provided

Brand strategy creation evaluation

Innovation Management

A study on the efficiency of leadership and managerial competences of the directors of

enterprises

Employee motivation research and intervention

Customer service survey problem formulation and mathematical modeling of decisions

The services as listed above were commissioned by SMEs from different business sectors

Information and Communication Technology

Accounting and Finance

Food industry

Advertising services

Logistics

Medical Services

Wholesale retail trade

Chemical Industry

Vehicle repair

Over the period of 2012 ndash 2014 the services were provided to 12 business entities

PI ldquoVersli Lietuvaldquo customer service satisfaction survey

Export programme participantsrsquo satisfaction survey

Entrepreneurship programme participantsrsquo satisfaction survey

Project group

Dr Erika Vaiginienė

Prof Vytautas Dikčius

Daiva Mažeikaitė

Jūra Žilytė

Aušra Diliautaitė

Project duration

December 2012 ndash February 2013

A two-year project ldquoUpgrade of the VU IBS quality management

model and international accreditationrdquo (2011-2013) Upgrade of VU IBS internal quality system

The introduction of ISO 14001

IQA CEEMAN accreditation

The introduction of ldquoFull Pricingrdquo system

The introduction of theldquoKnowledge Transferrdquo process

The introduction of business acceleration

24


8 Publications

81 Scientific monographs studies

Beresnevičius Gediminas BERESNEVIČIENĖ Danguolė Parameters of the creative product and

factors that determine it International Business Innovation Psychology Economics 2013 T 4 Nr

2(7) ISSN 2029-5774 P21-53 The article reviews scientific literature and determines essential criteria for describing a creative product It also analyzes factors

that determine creating a product and presents a model of the factors that determine a creative product

The novelty and originality parameters are applied to the definition of a creative product Also additional criteria such as the value appropriateness usefulness applicability etc are introduced

Creativity can be considered as the most important factor of a creative product However the systematic approach shows that there

are more factors that determine both the creativity and creative activity outcome We have found the outcome of creation to be determined by the creative potential (skills experience knowledge imagination intuition) the management of the creative process (goals specific skills emotions will disposition

self-esteem methods) personal characteristics of the creator the exuberance ldquoweightrdquo and other parameters of a problem the environment and operating

conditions A structural model of creative product determinants is compiled according to the above factors There are eight main groups of various factors creative potential management of creative process personal characteristics human exuberance different parameters of the problem

environment and creating conditions The level and quality (novelty value suitability etc) of a creative outcome depend on the influence the factors

mentioned in the model has on the creator

Key words creative product creativity factors that determine creative product

BIKAS Egidijus JUREVIČIENĖ Daiva NOVICKYTĖ Lina KELIUOTYTĖ ndash

STANIULĖNIENĖ Greta DUBINSKAS Petras Neprofesionalių investuotojų elgsena finansų

rinkose [Non-professional investorsrsquo behavior in financial markets] Kaunas Technologija 2013 109 p

ISBN 9786090210154

The scientific study examines the theoretical aspects of the behavior of financial investors provides an overview of recent studies

on financial behavioral the theories examined in detail are presented to explain the peculiarities of financial behavior of investors (prospect theory heuristics and deviations) The main focus is on corporate financial behavior (arbitration the efficient market

hypothesis behavior of irrational investors) analysis The research allowed identification of investment trends in population and

companies while the results obtained enabled to identify the typology of investors (population) in Lithuania portfolio results depending on the types of performance corporate investment behavior

[KROPAS Stasys ČIAPAS Linas ŠIDLAUSKAS Giedrius VENGRAITIS Danas] Krizės

pamokos ir reguliavimo priemonių poveikis [Lessons learnt from the crisis and the impact of regulatory

measures] Vilnius Vilniaus universiteto leidykla 2013 ndash 352 p ISBN 978-609-459-274-4 Abstract In 2008 the global financial crisis was the largest and most widespread triggering losses that were the highest after the

world was shaken by the economic depression of 1930 In an effort to control the crisis the governments and central banks took

various vigorous measures The lessons learned from the crisis and a fundamentally new banking regulation and supervision policy are fundamentally changing the traditional banking activities and pose higher requirements for banking financial management Not

only the monetary and banking business concept is changing but also the knowledge and the studies on banking and banking

financial management its nature and importance The core of this problem is well illustrated by the fact that the European Unionrsquos leaders decided to strengthen the economy and integration ie by creation of a European banking union Being associated with banking activities and directly experienced

the consequences of the global financial crisis of 2008 the authors of the study evaluate the changes introduced in the banking sector and the financial

management of banks from both theoretical and empirical aspect The study examines the content of a change in the bankrsquos performance the regulatory environment and supervision system as well as various bank management issues We believe that this study will be interesting and useful not only for

students involved in the activities of banks and employees of credit and financial institutions but also for public sector policy makers We also hope that

it will be helpful for businesses and households increasingly having to deal with banks and use their services

[LAUŽIKAS Mindaugas VAIGINIENĖ Erika MILIŪTĖ Aistė VARNIENĖ Skaistė

DAILYDAITĖ Simona JAKIMAVIČIUS Tomas] Lietuvos verslumo stebėsenos tyrimo rezultatai

2012 Studija [Lithuanian Entrepreneurship Monitor survey 2012 Study] Vilnius Vilnius University

International Business School 2013 ISSN 2335-2051 69 p This study is focusing on data obtained during the annual Lithuanian Enterprise Monitor survey which is conducted through the

Global Entrepreneurship Research Association by means of Global Entrepreneurship Monitor (GEM) methodology Vilnius

University International Business School research group joined the Association in 2011 and in Lithuania in 2012 this study was conducted for the second time Lithuanian adult population survey and expert interviews were carried out in May and June of 2012

25


NAZELSKIS Eugenijus Profesinio orientavimo koncepcijos naudojimas profesinio orientavimo

sistemai tobulinti Lietuvoje [Using the concept of vocational guidance to improve vocational guidance

systems in Lithuania ] Leonas Jovaiša nuo pedagogikos edukologijos link [from pedagogics towards

education] mokslo studija[scientific study] Vilnius Vilnius University Publishing House 2013 ISBN

9786094591822 P 232-283

NAZELSKIS Eugenijus Profesinio veiklinimo būtinybė Lietuvoje formuojant karininko profesijos

pasirinkimo motyvaciją Globalizacijos iššūkiai ugdymo procesui visuomenė ir kariuomenė mokslo

studija = [Necessity for vocational guidance in Lithuania in shaping the officerrsquos career choices for

motivation The Challenges of Globalisation in the educational process the public and the army a

scientific study Vilnius The General Jonas Zemaitis Military Academy of Lithuania] 2013 ISBN

9786098074161 P 113-127

STARKEVIČIŪTĖ Margarita Augimas ir iššūkiai Lietuvos ekonomika 1990-2012 m

monografija[Growth and Challenges The Lithuanian Economy in 1990-2012 monography]Kaunas

Technologija 2013 151 p ISBN 9786090209974 The monograph analyzes the conception and factors of economic growth provides an overview of the models of economic growth in shaping the attitudes to the national economic policies The author seeks to further discuss how economic policy determines the

characteristics of the development of national economies examines the results of the economic transformation and describes the impact of reforms on growth The process of economic reforms is being assessed as well as macroeconomic stabilization measures

their occurrence characteristics in Lithuania are highlighted the EU member statersquos economic policy implementation issues are

revealed and recommendations provided The author examines the global governance framework and provides a macro-economic policy coordination paradigm that includes methodological institutional and socio-cultural factors

The monograph is designed to those who research and study the process of economic growth its factors and sources in the context of the global economy

to those who are eager to familiarize with the Lithuanian economic transformation development and lessons that had to be learnt as well as to anyone interested in the Lithuanian economic policy

VAIGINIENĖ E et al] Lietuvos studijų politikos ir EAME bei Europos Sąjungos strateginių nuostatų

lyginamosios analizės ataskaita studija [Report on Benchmarking the Lithuanian policy of studies and

the strategic provisions of the EHEA and the European Union] Vilnius Mokslo ir studijų stebėsenos ir


Abstract The study consists of three parts In the first part the author reviews the higher education reform in the European Union

identifies the participants in European higher education policy discusses the strategy for enhancing the competitive advantage of the European Unionrsquos system of higher education as well as the Bologna process analyses the constitutional provisions on principles of

autonomy in European Union countries examines the situation in the higher education system of the EHEA and the European

Union from the perspective of management quality in higher education and the social dimension (access to higher education) The second part deals with

the benchmarking of the Lithuanian higher education policy and the strategic provisions of the EHEA and the European Union examines the

implementation of Lithuanian higher education policy over the period of 2009-2011

In the third part on the basis of the review of the strategic provisions and the analysis of the implementation of higher education policy measures the assessment of future priorities listed in the strategic documents of the European Union and Lithuania the author provides recommendations for the

improvement of the Lithuanian higher education policy measures and their implementation processes

httpwwwmostaltimagesdocumentsanalizelietuvos_studiju_politikos_ir_eame_bei_es_strateginiu_nuostatu_lyginamosios_analizes_

ataskaitapdf

[VAIGINIENĖ E et al] Lietuvos studijų politikos 2009ndash2011 m pokyčių kompleksinė analizė

[monografija] [A comprehensive analysis of the Lithuanian study policy of 2009-2011 a monograph]

Vilnius Mokslo ir studijų stebėsenos ir analizės centras 2013 465 p ISBN 978-9955-9334-0-3 Abstract The aim of this study was to evaluate Lithuanian higher education policy changes that took place over the period of 2009-

2011 and impacted the creatio of the environment that fosters the competitiveness of the Lithuanian higher education system

Competitiveness is defined as the competitiveness of a national higher education system ie the capacity of the higher education system to establish maintain and develop an environment that would create preconditions for the higher education system to

compete not only at national but also at global level as well as to raise public and state welfare The examination of the Lithuanian

higher education policy changes over the period of 2009-2011involved the analysis of the national higher education policy the discussion of the study quality strategic provisions for the social and economic environment (accessibility of studies) of studies the higher education management policy and its

implementation The study was conducted using the systerm of Methodology (2012) indicators The study involved the analysis of the primary and

secondary documents and a structured interview of higher education experts In the context of competitiveness the political environment dimensions were assessed through the application of Porterrsquos Diamond model The investigation revealed that the main role is played by the deployment of a market-

oriented higher education systemrsquos governance model assurance of the compliance with the international higher education standards and the international

practice and the diversity The diversity must be ensured by promoting a wide range of higher education schools and study programmes (academic and vocational) in terms of didactics and form (traditional and IT-based technologies) the diversity of higher education funding sources and the diversity of

students (representing different social groups) Another factor is professional development The study showed that a synergistic effect could be achieved if

the higher education systemrsquos managing personnel and university management would undergo professional training in the field of the strategic planning and management skills development It is also necessary to develop the professional educational communication practical and training competences of

the academic community Much attention should be given to cooperation with various stakeholders to ensure the compliance of the learning outcomes of

the higher education system with the public and market needs

httpwwwmostaltimagesdocumentsanalizelietuvos_studiju_politikos_2009E280932011_m_pokyciu_kompleksine_analizep

df

26



recognition

KAUFMANN Hans Ruediger et al Consumption Culture in Europe Insight into the Beverage

Industry Hershey PA IGI Global 2013 414 p ISBN 978-1-4666-2857-1 Although studies indicate the assumption of one single European market other research emphasizes European countries have

distinct market identities Meanwhile as individual countries begin to have a more widespread understanding of culture global

culture still remains unshared between countries Consumption Culture in Europe Insight into the Beverage Industry brings the most relevant theories about culture and European

market segmentation as well as providing updated data for the evaluation and analyses of the European consumption patterns in the

beverage market This comprehensive collection is an essential tool for policy-makers and those interested in end-markets and consumer affairs

BURAČAS Antanas MATVEJEVA Aliona URBŠIENĖ Laima ZABINSKAS Paulius] Formation and evaluation of financial investments impact on growth and optimization

Saarbruumlcken LAP Lambert Academic publishing 2014 ISBN 9783848494408 172 p

Abstract The study is dedicated to the analytical approaches and application of the instruments

recommended for the formation of finance instruments and evaluation of their feasibility (sample of NASDAQ OMX Baltic securities) The financial sector as a gene rator of sustainable development is at the

same time an important instability determinant influencing the risk of adverse economic recession The first part (Laima Urbš ienė

Aliona Matvejeva) is investigating the relationship amp trends in variables that may capture the impact of stock market develop ment on economic growth by employing Granger causality test and OLS regression to test hypothesis In the second part (Paulius Zabinskas

Antanas Buracas) the portfolio optimization management is analyzed with account of different risk levels management strateg ies

The five types of portfolios for the 2007 ndash 2012 were analyzed what revealed that there is more important to minimi ze investment risks instead of trying to find the best expected return versus risk ratio point during instable periods in the market

27


82 Scientific articles in journals and other quoted scientific

publications

AMBRUSEVIČ Nikolaj Public ndash Private Partnership Developing Sector of High Technology in

Lithuania International journal of business and management studies 2014 Nr 3(1) P 337-346 ISSSN

2158-1479

Abstract The author of the presented paper aims at discovering the main patterns for evaluation of the process of development of the sector of high technology in the context of social economic and technological progress The author develops and suggests a

methodology necessary to assess the importance of publicndashprivate partnership in the process of the development of the sector of high

technology Main theories dedicated for the development of the sector of high technology are analysed here Theoretical assumption to use human development index for the measurement of countriesrsquo ability to develop the sector of high technology on example of

EU is also discussed and examined here too As a result the author determines main aspects defining the assessment of importance of governmental

sector as one of the main element of publicndashprivate partnership on industrial business national and international levels in the process of high technology development in Lithuania

Keywords High technology sector Publicndashprivate partnership Governmental sector Data bases ProQuest Ulrichrsquos Periodicals Directory IBSS

BIKAS Egidijus JUREVIČIENĖ Daiva DUBINSKAS Petras NOVICKYTĖ LinaBehavioural

finance The Emergence and Development Trends Procedia social and behavioral sciences

Amsterdam Elsevier BV 2013 Vol 82 ISSN 1877-0428 P870-876

Global financial markets are influenced by many factors the economic processes which take place in the country and the world institutional and political constraints information dissemination and accessibility and so on However one of the most important

factors is the peoples reaction and perception For each investor regardless of financial instruments business is a constant decision-

making process The article aims to analyse the research of non-professional investorsrsquo financial behaviour in a historical-theoretical perspective This article reveals the aims of recognition and emotional factors on market movements focusing on a limited number

of investor rationality and explains the psychological effects of investing activities The methods of analysis and synthesis description and comparison

were applied in the article Graphical visualization is used for demonstration of results

Keywords Behavioural Finance Behavioural Biases Investment Decission Making of Individuals Data bases PubMed ScienceDirect Conference Proceedings Citation Index

[DIKČIUS Vytautas KATKUVIENĖ Kristina] Perception of odd prices in a Post-Soviet country an

impact of the ideology of planned economy Journal of Business Economics and Management Vilnius

Vilniaus Gedimino technikos universitetas Volume 15 Issue 2 2014 P 356-368

Abstract The aim of this study is to analyze how European integration and especially changes in ownership has affected banking

efficiency in Central and Eastern European countries which have recently experimented this process more intensely Using a

stochastic frontier approach applied to panel data we have estimated bank efficiency levels in a sample of 189 banks from 12 countries during the period 2000 to 2008 and we have analyzed the influence of some bank characteristics on these efficiency levels

The results show that European integration has significantly improved the cost efficiency of banks in these countries but profit

efficiency has significantly decreased We have found very small differences between different ownership types and only a very small impact of foreign ownership on cost efficiency showing that the entry of foreign ownership is not enough to explain the significant variations in banking efficiency after the

accession

Data bases Social Sciences Citation Index (Web of Science) Business Source Complete Iconda Scopus

GUDAITIS Tadas] Medaiskis Teodoras Assessing the impact of second pillar component on old age

pension in Lithuania Ekonomika Vilnius Vilniaus universitetas 2013 t 92 nr 4 ISSN 1392-1258 P

54-72

Abstract The aim of the study was is to evaluate the impact of a privately accumulated second pillar component on old-age

pension This evaluation is based on quantitative statistical data and qualitative analysis of pension accumulation results in second

pillar during the years 2004ndash2012 Three groups of different monthly wage size (low medium and high) earners are analyzed by

calculating the accumulated amounts and old-age pension values of persons who joined and who did not join the second pillar pension funds in 2004 and who retired in the beginning of 2013 The pension reform success (or failure) is evaluated from the point

of view of old age pension beneficiaries by comparison of gain or loss of all three groups of participants due to participation in second pillar pension

funds The results show that due to the longer life expectancy the capital accumulated by women in the second pillar does not exceed the present value of loss in the pay-as-you-go system The comparison of ldquoofficialrdquo annuities exposes a more optimistic result for both genders of participants of fully funded

private second pillar pension funds but is not confirmed by commercial annuities

Keywords old-age pension private second pillar pension funds pension reform

Data bases ProQuest Econlit (EBSCO) IBSS

28


Maccioni Fiori A [GUDAITIS Tadas] Optimal Individual Choice of Contribution to Second

Pillar Pension System in Lithuania CRENoS Working Papers Cagliari Crenos 2014 N2 P 1-17

Abstract The 2013 pension reform in Lithuania forced workers to choose their level of participation to the second pillar

system Three options were given a lower contribution rate a higher contribution rate with governmental subsidy and to exit from the second pillar

system The aim of this article is to evaluate the best rational choice for individuals of different gender and age depending on the expected financial returns of their second pillar accounts Results reveal that the participation in the second pillar system is always more convenient than the abandonment

even under the conservative hypothesis of zero real rate of return Because of the governmental subsidy the higher contribution rate can be the best choice

for young and middle-aged workers and its convenience increases with higher expected returns

Keywords Lithuanian pension system private pension funds rational choice second pillar

[GUDAITIS Tadas] bdquoGyvenimo cikloldquo fondų sistemos simuliacinio modelio

sukūrimas ir pritaikymas Lietuvos pensijų kaupimo sistemoje Projekto

bdquoPodoktorantūros stažuočių įgyvendinimas Lietuvojeldquo mokslinių straipsnių rinkinys

2014 ISBN 978-609- 417-079-9 p18-22

Abstract Considering negative consequences of financial crisis when values of 2nd pillar pension fundsrsquo

assets significantly decreased it was proposed mandatory transformation of existing fully funded 2nd pillar pension (P2P) system from bdquoLife Styleldquo

investment funds to bdquoLife Cycleldquo investment funds system ldquoLife Cycleldquo fundsrsquo system consists of investment funds which assets allocation is diversified according investment risk level of financial asset classes and fundrsquos investment strategy based on permanent reduce of investment risk level closer to the

beginning of participantrsquos retirement age Such transformation would resolve the main current problem - the participants of P2P funds will not need to

switch to lower investment risk pension fund closer to retirement age Main advantages of ldquo Life Cycle fundsrsquo system are firstly professional investor is

responsible for managing investment risk during accumulation period In addition the investment risk is spread over the entire accumulation period it

might ensure higher investment returns when P2P fund participant is younger and automatically reduces impact of investment risk closer to retirement

age Prior transformation to ldquoLife Cycleldquo fundsrsquo system the following potential threats must be solved high management costs ldquoGlide pathldquo in long term period Moreover investment performance measurement and benchmarking system must be created


Personal Finances in a Young Household Business Theory and Practice 2014 vol 15(1) P 32-40

ISSN 1648-0627 Abstract The article focuses on the importance of financial literacy to management of personal finances in a young household Responsible management of personal finances should be fostered since early stages of life as financial mistakes made during the

years of youth can be costly and difficult to correct in the future Moreover a high level of financial literacy has a positive impact on

day-to-day decision making and leads to higher saving rates which improves the quality of life in the long run The paper deals with main factors affecting the low level of financial literacy in Lithuania and other countries Results of the survey of Lithuanian

residents are compared to results of similar foreign researches

Data bases Academic Search Complete Business Source Complete ICONDA IndexCopernicus Scopus SummonTM Ulrichrsquos

JUREVIČIENĖ Daiva BIKAS Egidijus KELIUOTYTĖ - STANIULĖNIENĖ Greta NOVICKYTĖ

Lina DUBINSKAS Petras] Assessment of Corporate Behavioural Finance Procedia - Social and

Behavioral Sciences Amsterdam Elsevier 2014 Vol140 (22) P 432-439 ISSN 1877-0428

Abstract Behavioural finance is important at the individual as well as corporate levels A lot of researches analysing corporate

behavioural finance have been made in recent decades However all are related to solutions of capital or debt financing problems finding the best possible source of capital increase or the cheapest debt possibility This article aims to evaluate corporate financial

investment decisions made via expertsrsquo survey trying to assess the main players in financial markets between non-financial

companies taking into consideration portfolio formation motivation of investments risk-return relationship etc The results show that Lithuanian non-financial companies are not very active in the financial market they choose less risky (less profitable) short-term investments keep a

considerable amount in cash or time deposits and strive to accumulate funds from financial investments for implementation of various projects related to

their main company activities Generally service companies operating for more than five years and with sales volume exceeding 145 million Euros per year are the main players in the financial market among non-financial companies

Keywords Behavioural finance behavioural corporate finance corporate investments decisions experts survey Data bases Web of Science MEDLINE Science Direct Scopus

[JUREVIČIENĖ Daiva BIKAS Egidijus KELIUOTYTĖ - STANIULĖNIENĖ Greta

DUBINSKAS Petras NOVICKYTĖ Lina] Corporate behavioural finance ndash the case of Lithuania

Business management and education = Verslas vadyba ir studijos Vilnius Technika ISSN 2029-7491

2013 vol 11 no 2 p 333-349 Abstract Behavioural finances became especially important in recent years Majority of studies covers individual investor decision making factors while corporate customersrsquo investment behaviour as a rule encompass liability side (capital expenses financing and

structure dividend policy assessment of potential investment projects etc) This paper aims to establish investment possibilities of

non-financial corporate investors in financial markets basing on accomplished survey of companies managers and strives to determine enterprise investment in financial assets assumptions Though the results of the survey sample not fully meets the requirements of

representativeness but satisfy the minimum margin error ndash up to 10 percent ndash acceptable level

Keyword(s) behavioural finance behavioural corporate finance non-financial corporate investments in financial markets non-financial companiesrsquo

survey

Data bases Academic Search Complete (EBSCO) CEEOL

29


Loureiro Sandra Maria KAUFMANN Hans Ruediger Intentions towards Sustainability of Young

Adults a Cross Cultural Comparison World Review of Entrepreneurship Management and Sustainable

Development Geneva Inderscience Enterprises LTD 2014 Vol10 No23 P247 ndash 266

Abstract Education for sustainable development in higher education is becoming increasingly important for success of universities

and other institutions where students will exercise their professions The main goal of this study is to apply the theory of planned

behaviour to analyse sustainability attitudes behaviours and intentions among students in higher education institutions across five countries USA Portugal Cyprus Serbia and South Korea The results suggest that individualism masculinity and power distance moderate the effects

of attitude and behaviour on sustainable intentions Individuals in more individualistic and masculine societies tend to be more pro-active and assertive in

their attitudes decisions and reactions towards sustainability In universities located in societies that score high in power distance professors and senior managers must be very clear when defining and practicing sustainability issues in courses classes and on campus

Keywords sustainable development higher education theory of planned behaviour TPB cross-cultural studies young adults

Data bases Scopus (Elsevier) Academic OneFile (Gale)

LAUŽIKAS Mindaugas MOKŠECKIENĖ Rasa The symbiosis of art and business in the fashion

design industry Intellectuall economics 2013 Vol 7 No 1(15) ISSN 1822-8011 P 101-120

Creativity exists in economies that are promoting open dialogue and cultural and gender equality with sufficient investment in the

creative industries and their knowledge-based economy is flourishing While the significance of the creative industries in the field of education is being recognised only a small number of Lithuanialsquos study programmes combines artistic and business aspects The

results obtained on the basis of qualitative study justify the importance of such interdisciplinary study programmes The fashion

designers who were surveyed in the study are not able and fail to research the market entrusting the task to professionals Designers recognize the significance of marketing and strategic planning in the fashion design and claim that innovation is associated with

materials technology communication facilities computer graphics and dozens of other issues However the specific aspects of the business-related knowledge and skills (marketing legal tax management economics finance entrepreneurship business creation and development negotiating and

technology) are lacked by fashion design professionals The work of art and the role of innovation are stressed as a competitive factor that allows not only

to successfully compete but also to participate in lifelong studies Consultation in the field of business is necessary for creativity and entrepreneurial skills to contribute to the economic and social well-being The favorable tax and financial assistance system is relevant for free creation business development

and introduction of artists businessmen works in the market Savings in terms of creativity and innovation in the short-term can be costly in the long turn

as it is the art and business alignment that helps to ensure the sustainable development satisfaction of all stakeholders organizational competitive advantages and commercialization of innovative ideas

Keywords arts business symbiosis fashion design Data bases Central and Eastern European academic publications (EBSCO) the International Copernicus Index Economic Literature Classification

System journal EconLit Ulrich and Central and Eastern European Internet publishing houses (CEEOL)

LAUŽIKAS Mindaugas MOKŠECKIENĖ RasaThe role of creativity in sustainable

businessEntrepreneurship and Sustainability Issues 2013 Vol 1(1) ISSN 2345-0282 P 10-22

The present article aims to examine a set of creativity-related concepts dimensions patterns different ways and techniques of generating ideas developing talents funding opportunities as well as protecting intellectual property rights and in particular how

all these factors affect the economy and sustainable business To continue there is the importance of intercultural dialogue analysed

while opening co-operation and partnership opportunities in various regions mobility opportunities among artists as well as

developing skills creativity innovations and entrepreneurship Entrepreneurship emerges as an important factor in a rapidly

changing world of business and transforming creative ideas into a value-added There is a significant number of university studies

creative businesses and or entrepreneurship programs tackled via presenting programs at universities while the symbiosis lsquoBusiness-Artsrsquo brings new colours to the image of creativity investments in human resources trainings researches lifelong learning and entrepreneurship open up new opportunities

of merging arts and business and concentrating a wide range of artistic and business talents in one area (incubators and or clusters of arts) where arts and

business complement each other Thus the research question how does the creativity affect a sustainable business performance in Lithuania A solid Global Entrepreneurship Monitor methodology and data mainly for the year of 2011 (including some newest trends for 2012) were used in order to light

up the main problems and trends of enhancing the creativity in Lithuanian companies while creating a higher value-added and competitive advantage

Keywords Creativity Culture Arts Sustainability Business Development Entrepreneurship European Union

Data bases Business Source Complete (EBSCO) Sustainability Reference Center International Security amp Counter Terrorism Reference Center


design industry Intellectuall economics 2013 Vol 7 Nr 1(15) ISSN 1822-8011 P 101-120

Creativity exists in economies that are promoting open dialogue and cultural and gender equality with sufficient investment in the creative industries and their knowledge-based economy is flourishing While the significance of the creative industries in the field of

education is being recognised only a small number of Lithuanialsquos study programmes combines artistic and business aspects The

results obtained on the basis of qualitative study justify the importance of such interdisciplinary study programmes The fashion designers who were surveyed in the study are not able and fail to research the market entrusting the task to professionals Designers

recognize the significance of marketing and strategic planning in the fashion design and claim that innovation is associated with





as it is the art and business alignment that helps to ensure the sustainable development satisfaction of all stakeholders organizational competitive advantages and commercialization of innovative ideas Keywords arts business symbiosis fashion design

Data bases Central and Eastern European academic publications (EBSCO) the International Copernicus Index the Economic Literature Classification

System journal EconLit Ulrich and Central and Eastern European Internet publishing (CEEOL)

30


LAUŽIKAS Mindaugas DAILYDAITĖ Simona Benefits of social capital for sustainable Innovation

capabilities Journal of security and sustainability issues Vilnius Generolo J Žemaičio LKA ISSN

2029-7017 2013 Vol 2(3) P 85-97

Social capital in the modern business world is the driving force of sustainable innovation The article aims to explore the benefits of

social capital for innovation capacity in the modern world Social capital is an important factor in the dissemination of knowledge in society and business while entrepreneurship affects the sustainable economic development The interaction of different elements

of social capital acts as a catalyst for the development and strengthening competitive advantage Social capital can facilitate the

accumulation of human capital financial investment sustainable development processes creativity and effectiveness This article analyzes the elements of social capital (trust relationships and norms) and contribute significantly to Lithuanian business companies More than three-

quarters of respondents agree that the relationship between humans opens up many business opportunities Trust and networks include key issues such as

co-operation with employers recruitment of former or current colleagues social image entrepreneurs perception of innovation and creativity accumulation of the companys experience While 57 per cent of the respondents regularly organize and carry out the ideas rather than just generating

them 71 percent of the respondents-owners do not describe their products and services as innovative whereas 67 per cent of the respondents feel a strong

competition in the market Risk aversion and the social and cultural norms according to experts tend to discourage the creativity and innovation of the Lithuanian nation

Keywords Social capital social norms social networks sustainable economic growth innovations entrepreneurship intellectual capital Data bases Business Source Complete (EBSCO) Sustainability Reference Center International Security amp Counter Terrorism Reference Center

LAUŽIKAS Mindaugas KRASAUSKAS Antanas Impacts of sustainable structural growth on the

economic performance of listed companies Entrepreneurship and sustainability issues 2013 vol1(2)

ISSN 2345-0282 P 80-91

The purpose of the present publication is to measure the impacts of structural growth on the economic sustainability of listed companies Scientific literature overview secondary data analysis and semi-structured qualitative interviews were combined in

order to examine the effects of structural growth The research question is how structural changes of listed companies affect their

sustainable growth Scrutinizing various cases makes it possible to tackle the patterns of sustainable structural growth based on a type of structural change Many researchers (such as Huang and Kleiner 2004 Deal and Kennedy 1982 or Pritchett and Gilbreath

1996 and etc) and business analysts (such as KPMG consulting company 1999) have not found a common answer what are the key success factors of

structural growth It is related to strategic targets due diligence activities expenses (the transactional decision-making phase) or integration planning the organizational culture assimilation or dissimilation (the integration phase) Franks and Harris (1989) emphasize the increase in shareholdersrsquo value as the

main motive for structural changes Boucher (1980) argues that the two most common reasons of structural changes are either attempts of taking

opportunities present in the market or increasing the growth The present research which combines the analysis of secondary data and semi-structured qualitative interviews aims to verify various researchersrsquo statements Based on the scientific literature analysis two conceptual models are designed and

verified This should serve as the background for the further examination of the role of structural changes on a sustainable companiesrsquo growth and new

publications in the same series

Keywords Mergers takeovers business formation business management performance evaluation performance indicators financial markets financial

management sustainability Data bases Business Source Complete (EBSCO) Sustainability Reference Center International Security amp Counter Terrorism Reference Center

LAUŽIKAS Mindaugas MOKŠECKIENĖ Rasa The Role of Culture on Entrepreneurship in

Lithuania Social Research 2013 No 2 (31) ISSN 1392-3110 P 55-69

Culture in the processes of globalization is often identified as an expression of the evolution of mankind and civilization essence

just as there is no society that can exist without culture culture is impossible without public While culture is often perceived as the arts literature music and painting and more generally include the public lifestyle religion leisure and many other aspects the

role of culture for business and market dynamics is not sufficiently investigated All culture is guided by the values that give

meaning and direction to people (eg family religion business climate) and not those which occur within the rules of conduct (eg the Ten Commandments or the Code of Business Ethics) By identifying the factors that influence the development of

enterprises the authors often deny the role of culture Therefore the question of how culture influences the entrepreneurial dynamics of Lithuania is a

relevant and innovative The article consists of three parts the first part presents the key concepts of the cultural economy patterns and trends creativity and an entrepreneurial dimension harmonisation of art and business in the context of competitive advantages The second part is devoted to the Global

Entrepreneurship Monitor methodology while the third one presents a study on the results of cultural effects on Lithuanialsquos entrepreneurial dynamics

Keywords Culture Creativity Entrepreneurship Business Development

Data bases Index Copernicus SocINDEX (EBSCO) CEEOL Current Abstracts (EBSCO) TOC Premier

[LAUŽIKAS Mindaugas MOKŠECKIENĖ Rasa] The development of creative industries the case

of Lithuanian fashion design companies Societal studies 2014 Nr6 P34-66 Abstract The analysis of creative industries and in particular the specificity of managing creative companies require not only

understanding of concepts such as the creativity arts and business but also understanding of creative industries in a broader sense

which varies from one country to another thus to get a comprehensive image of creative industries various classifications activities and further development possibilities should be examined There should be the international trade in creative goods and

services and its added-value scrutinized A proportionally large part of this publication is oriented to the analysis of data regarding

the demand for arts in global markets and the international trade as well as the evaluation of contributions of arts to economy its profitability regional growth trends employment and increasing competition among local companies The research question of the

present article is as follows are development and management of companies that belong to creative industries efficient and what Societal Studies 2014

6(1) 34ndash66 35 specific management characteristics could be identified among Lithuanian fashion design companies To get pertinent research results a descriptive qualitative study was selected with semi-structured interviews in use to better understand respondents and to obtain more and deeper

information on management-related questions

Keywords development creative industries fashion design companies

Data bases Index Copernicus CEEOL ULRICHlsquoS

31


NAZELSKIS Eugenijus Tūtlys Vidmantas Profesinių standartų diegimo reikšmė Lietuvos ūkio

subjektų žmogiškojo potencialo didinimui [The significance of deployment of professional standards in

enhancing the human potential in legal entities of Lithuania] Organisation management systematic

research 2013 nr 68 P71-91 ISSN 1392-1142

Abstract This paper analyses the significance of the deployment of professional standards for human resources management and

harmony A survey of the business associations and enterprises revealed the shortcomings common to business structures and enterprises and their challenges in developing and introducing the professional standards and other instruments necessary for the

qualifications management and regulation The article also assesses the potential benefits of professional standards to corporate

human resources management

Keywords professional standards Lithuanian Qualifications Framework professional training standards business associations human resources management Data bases Business Source Complete CEEOL ProQuest

NAZELSKIS Eugenijus Tūtlys Vidmantas Application of the principle of Open Initiatives in

developing Trakai tourism infrastructure African Journal of Hospitality Tourism and Leisure

Helderkruin 2013 Vol 2 (3) ISSN 2223-814X P 1- 10

This article aims to identify the principle of open initiatives launched by Trakai resort municipality which is focused on

infrastructure development in order to open the way for widespread participation of natural and legal persons in infrastructure projects and to define the strategic directions in tourism development and infrastructure projects that apply this principle In

addition it aims to assess the effectiveness of this principle as well as its practical benefits to the expansion of tourism infrastructure

and the development of new tourism products

Key words infrastructure development tourism

NAZELSKIS Eugenijus Ūkio subjektų dalyvavimas profesinio orientavimo veikloje ndash reikiamų

darbuotojų užsitikrinimo priemonė organizacijose [Business entitiesrsquoinvolvement in vocational

guidance activities - means of ensuring the necessary staff for organisations Vocational Education

Research and Issues 2013 No24 ISSN 1392-6241 P 86 ndash 99 This paper examines the interaction between education and business in the field of vocational guidance The justification for the

improvement and development of the vocational guidance system is provided in terms of assessing the development of Lithuanian

business abroad and the emergence of new challenges for professional orientation The analysis of the extension of theoretical limits for vocational guidance and professional advice is provided to ensure the smooth development of the Lithuanian business

abroad Suggestions are given with regard to balancing the supply and demand of specialists the need for specialists monitoring The justification is

provided in terms of the expediency of extending the participants list for the development of the national programme of vocational guidance the inclusion of the social partners ie the associated business organisations into the process

Keywords vocational guidance vocational information counseling international business Lithuanian economic development National Vocational Guidance Programme Vocational Guidance strategy

Data bases CEEOL IndexCopernicus EBSCOEducation Research Complete EBSCOCurrent Abstracts EBSCOEducation Research Index EBSCOTOC Premier

NOVIKOVAS Martynas Evaluation of Berry ratio reliability determing transfer pricing

Przedsiębiorstwo amp Finanse 2013 Nr 3 ISSN 2084-1361 P141-151

This paper reveals the transfer pricing methodology to be used setting the armrsquos length prices between related parties applying the Berry ratio The author provides cases when the Berry ratio is not reliable profit level indicator for transfer pricing purposes The

theoretical propositions are supported by the results of authorrsquos research performed

The multinational companies have the incentive to increase its after-tax profits by shifting taxable income from high tax countries to low tax countries by altering transfer prices thus the transfer pricing is significant for both taxpayers and tax administration

purposes because they determine in large part the income and expenses and therefore taxable profits of associated enterprises in

different tax jurisdictions Setting transfer prices not under the armrsquos length principle may lead to the transfer pricing adjustments and additional payable taxes and penalties Thus the proper transfer pricing determination is one of the most important tax issues for multinational companies

ROSINAITĖ Vikinta LAUŽIKAS Mindaugas VAIGINIENĖ Erika MILIŪTĖ Aistė

BATULEVIČIŪTĖ SkaistėIndividual and Organizational Career Attitudes Cases of Entrepreneur and

Intrapreneur Careers International Business Innovations Psychology Economics 2013 Vol 4 Nr

2(7) ISSN 2029-5774 P110-119

This study aims to analyse Lithuaniansrsquo career preferences measured by the attitude towards the individual and organizational career pointing out entrepreneurship and intrapreneurship as professional career examples stimulating economic growth job

creation innovation and competitiveness on the national and international levels The concept of individual and organizational

career provides the possible dimensions for the empirical Global Entrepreneurship Monitor data analysis in terms of attitudes towards the mentioned career choices

Key words career individual and organizational career concepts entrepreneurship intrapreneurship

32


RUŽEVIČIUS JuozasChangements de paradigme du management de la qualiteacute International

Business Innovations Psychology Economics 2013 Vol 4 No 1(6) ISSN 2029-5774 P33-44

La globalisation de lrsquoeacuteconomie mondiale de concert avec lrsquoextension du commerce international a meneacute agrave une acceacuteleacuteration rapide

du concept de qualiteacute sur le plan international en tant qursquoeacuteleacutement primordial de la compeacutetitiviteacute des entreprises On retrouve ce processus en utilisant drsquoune maniegravere plus large ces mecircmes meacutethodes principes et critegraveres lors de la deacutetermination des politiques

de qualiteacute Alors que les expressions Management de la qualiteacute Gestion de la qualiteacute Maicirctrise de la qualiteacute Management de la

qualiteacute totale Management de la qualiteacute globale Excellence Qualiteacute de lrsquoenvironnement Durabiliteacute ou Deacuteveloppement durable Qualiteacute de vie eacutevoquent souvent pour le public lrsquoideacutee de qualiteacute dans sa connotation la plus eacuteloigneacutee des reacutealiteacutes eacuteconomiques

ceux qui pratiquent cette speacutecialiteacute dans lrsquoindustrie et le commerce attachent au contraire une tregraves grande importance au concept de gestion Le management de la qualiteacute fait inteacutegralement partie de la gestion de lrsquoorganisation Le but de cette eacutetude est de mettre en exergue les

changements de paradigme du management de la qualiteacute moderne et de la globaliteacute de management de la qualiteacute contemporaine de geacuteneacuteraliser des bonnes

pratiques en ce domaine des organisations diverses Meacutethodologie cet article a eacuteteacute reacutedigeacute en utilisant la litteacuterature scientifique normative et leacutegale en systeacutematisant et repeacuterant les pratiques qui favorisent les

activiteacutes de management de la qualiteacute Ce papier est baseacute aussi sur les autres recherches de lrsquoauteur Les modegraveles drsquointeraction du systegraveme laquoTechnologiesndash

Qualiteacutendash SciencesndashEacuteconomiendashGestionraquo de la qualiteacute inteacutegreacute et des diffeacuterentes eacutetapes et changements contextuels de deacuteveloppement du management de la qualiteacute sont preacutesenteacutes dans cet article

Mots cleacutes qualiteacute management de la qualiteacute management de la qualiteacute totale management de la qualiteacute globale durabiliteacute orientations des valeurs communication de la qualiteacute excellence

SAMULEVIČIUS Jurgis Speeding up of Lithuanialsquos economy via globalization European Integration

Studies Research and Topicalities 2013 no 7 p 132-142 ISSN 1822-8402

Lithuania after two decades of the post-communist transformation and large scale experimentation with the European integration

needs to dynamize and modernize the economy to arrive at viable 21st Century global models Lithuania also needs to adopt very bold and innovative ways to ldquosellrdquo to the world its extreme austerity sacrifices during the continuing period of global Great

Recession and its earlier periods of bold systemic transformations as well

By 2013 we have arrived at the critical amount of experiential knowledge and it is a high time to manage this knowledge for a much more realistic new understanding and more efficient governance of new risks and evidence-based policies in market economies fit

for the 21st Century

The big problem is that so far Lithuaniarsquos changing economic models could not fully deploy its human resources in the modern wayThe economy is still beset by the Soviet legacies and this constitutes the barrier to effectively employing human resources that are increasingly educated in modern ways at

home or abroadSo the dual problem is that Lithuania badly needs modern human resources for its further rapid and modern development but at the same

time there is not enough effective demand for them due to the outdated political-economic and financial structures and other still lingering Soviet legacies The big challenge before the country therefore is how to target the entire globe as Lithuaniarsquos(current or potential)market in order to induce entirely new

perspectives and actually create many more advanced opportunities for the youngnewly educated peopleIf this problem is not solved in timemany will

emigrate and thus condemn Lithuania to further transitional periods in its development on Europersquos periphery The new methods of strategic management and competitiveness-boosting networking based on knowledge management are presented in the article The

article shows how Lithuania can benefit integrating education research and business fostering innovations which catalyze the creation of added valueTwo

key aspects of todaylsquos knowledge-based economy knowledge creation and knowledge transfer to businesses are presented in the article Lithuaniarsquos long term goals are to develop higher education and higher added-value market niches that will precisely call upon the new human resource capabilities to

create an entrepreneurial economy that is integrated continentally and globally The paper attempts to make more specific proposals for generating and

effective use of synergy effects through the establishment of transport hubs and innovation research centers attached to universities which sponsor and help to spread an innovative culture amongst economic actors in Lithuania The main strategy is the strenghthening of Lithuan iarsquos knowledge economy

and higher education that can sposor Lithuania to compete globallyIt is being developed in the form of therdquoStrategy Lithuania 2030rdquo where new

challenges of dynamism and leadership were called for the problems of higher education were on the agenda at the Vilnius conferencerdquoEuropean Higher Education in the Worldrdquo which was held on 5-6 September 2013during the Lithuanian Presidency in the European Union(EU2013LT)

Keywords competitiveness dynamization growth economic driven pillars knowledge economy index Data Bases EBSCO (Central amp Eastern European Academic Source Database Coverage List) EBSCO (Business Source Complete) and DOAJ

(Directory of Open Access Journals)

[SANCHES BENGOA Dolores] Kaufmann Hans Ruediger Questioning Western Knowledge

Transfer Methodologies Towards a Reciprocal and Intercultural Transfer of Knowledge Thunderbird

International Business Review John Wiley amp Sons 2014 Vol 56 Issue 1 P11-16

Abstract The rapid development of western European knowledge-based societies has a drastic effect on the development of eastern European societies Special attention should be paid to the past three years of economic crisis where a shift of existing

economic paradigms has occurred In order to navigate through these turbulent times many companies as an option to survive or

expand have formed cross-border alliances and cooperations Due to these cross-border initiatives the geographic movement of employees and implicitly the flow of intellectual capital play an important role Paradoxically however the process of

knowledge transfer has been affected by several shortcomings for example the knowledge receivers lack of absorptive capacity or cognitive learning a

knowledge applicability gap or the rise of knowledge sharing barriers The reason for this situation lies in the flawed knowledge transfer process This approach is characterized by a unidirectional flow of knowledge from the

West reflecting an ethnocentric approach inappropriate attitudes on behalf of the knowledge transmitter and the knowledge receiver by knowledge not

being culturally embedded which leads to an alienation of knowledge and finally to a lack of cultural awareness and preparedness on behalf of the westerners

This article applies a phenomenological approach By using grounded theory it contributes to a better understanding of the complexity of the problems

and its implications on management from a multidisciplinary perspective It provides solutions to improve the knowledge transfer process between eastern and western European cooperations based on an intercultural and reciprocal methodology and a new conducive learning environment

Data bases ABIINFORM Database (ProQuest) Business Periodicals IndexAbstracts (EBSCO Publishing) Current Contents Arts amp Humanities (Thomson Reuters) Emerald Management Reviews (Emerald) PAIS Public Affairs Information Service (ProQuest) SCOPUS (Elsevier)

33


SANCHES BENGOA Dolores] Neuhauser Andreas Multicultural large construction projects the

key role of trust World Review of Entrepreneurship Management and Sustainable Development Geneva

Inderscience Enterprises LTD 2014 Vol10 No23 P247 ndash 266

Abstract This paper aims to explain why trust is regarded as the cornerstone for successfully leading a large multicultural

construction project and to understand the interdependency of developing trust on different levels interpersonal intergroup and

inter-organizational level Issues like increasing employees self-esteem publicly acknowledge partners contribution professional skills caring attitudes and emotional intelligence helps in developing interpersonal and institutional trust during the construction

project execution The methodology applies a qualitative research It is based on an Austrian case study which objective was to build

an electricity storage power plant over five years The research technique uses in-depth interviews with engineers who have been working in different fields of the project and participant observation The research provides recommendations that can be taken by companies to prepare their employees in

advance before the actual work begins helping them to save project costs time facilitate knowledge transfer and the overall project quality

Keywords international construction construction projects institutional trust interpersonal trust inter-organisational trust culture multicultural

projects large projects Austria case study electricity storage power plants project management project costs project time knowledge transfer project quality


[STRAZDAS Rolandas ČERNEVIČIŪTĖ Jūratė] Verslo procesų identifikavimas kūrybinių


improvement of creative industries corporate performance Tarptautinis verslas Vilnius Vilniaus

universiteto leidykla 2014 vol 2014 t 5 Nr 1 (8) p 14ndash26

Abstract Todayrsquos creative industries form the core of the service economy in addition to knowledge-based and creative economy The assessment of the importance of creative industries in the whole economic development shows that the improvement of the

creative industries business processes is an important problem from both scientific and practical points of view As creative

industries business is dominated by the creative processes which are often chaotic and difficult to specify the improvement of creative industries business development is a complex task and poorly examined from a scientific point of view One of the primary

and most important tasks of improving processes is their identification A proper identification of processes definition of their boundaries setting links

with other processes is an important corporate performance improvement phase which determines the performance improvement effectiveness The article deals with a procedural approach to the performance of creative industries enterprises The analysis is carried out in the field of modern

improvement methods (PDCA DMAIC DMADV and TOC) and solutions for the identification of processes applicable by these methods Based on this

analysis a collective model for the identification of business processes necessary of improvement was devised and presented in detail in the article

Keywords improvement of processes creative industries process approach process identification continuous improvement collective identification Data bases BusinessSourceCorporatePlus (EBSCO)

STUNGURIENĖ Stanislava POCIUS Viktoras A study of the possibilities to apply technical

analysis in the practice of investing International Business Innovations Psychology Economics 2013

T 4 Nr 1(6) ISSN 2029-5774 P55-67

The distribution and management of investments is an important aspect of a proprietorrsquos or institutionrsquos activities which is targeted

towards the maximization of the return of present investments to the self-established level of risks The present article discusses technical analysis as a possibility of investment management means to forecast the movements of stock prices and consequently to

acquire more efficiency in managing the portfolio as opposing to passive investing The research has been performed by applying

the methods of technical analysis in the stock trading of developed and developing markets in comparison to the strategy of passive investing The obtained results didnrsquot prove technical analysis methods to be more superior than the buy-and-hold strategy in all periods but they

showed that technical analysis methods applied in the time of recession were much more effective than passive investing This research is new in a few

aspects the effectiveness of technical analysis was tested not only in markets with different levels of development but also in different periods of economic cycles using three different methods of technical analysis Data used to conduct the research were collected from official stock exchange sites

Key words technical analysis investments developed markets emerging markets passive investing

STUNGURIENĖ Stanislava URBANOVIČ Pavel Practice and problems of the use of electronic

invoices International Business Innovations Psychology Economics 2014 Vol 5 No 1 (8) P111ndash

126 ISSN 2029-5774

Rapid advance of information technologies creates more possibilities for enterprises to achieve greater efficiency reduce energy

consumption and environmental pollution The incorporation of the new 2010 European Union directive on the regulation of electronic invoices into local legislature enables to accelerate the process of applying electronic invoices to practice

The issue of electronic invoices is new to Lithuania there are no scientific researches on this topic except for a few informational

reports on the 2013 legal amendments No information is publicly available on how to apply laws of electronic invoices into the practice of Lithuanian enterprises The present article discusses the possibilities of practicing electronic invoices from technological and legal aspects the

attention is drawn to the regulation and use of electronic invoices practiced in the European Union and its member countries The article analyzes

regulations of electronic invoices in the legislation of Lithuania and other European countries as well as the advantages of the use of electronic invoices and its influence on the results of enterprise activities The research has shown an insufficient use of electronic invoices in Lithuania only 14 percent of

enterprises use electronic invoices and only 2 percent of all invoices are electronic

Key words electronic invoice legal regulation use in Lithuania

Data bases BusinessSourceCorporatePlus (EBSCO)

34


[STUNGURIENĖ Stanislava STAKĖNIENĖ Jurgita] Kaimo turizmo projektų valdymo specialistų

kompetencijų Lietuvoje tyrimas Aukštųjų mokyklų vaidmuo visuomenėje iššūkiai tendencijos ir

perspektyvos [A study of rural tourism project management specialist competences in Lithuania The role

of higher education institutions in the society challenges trends and prospects] Alytus Alytaus

kolegija ISSN 2029-9311 2014 Nr 1 P 230-236 Abstract This paper presents the findings of the survey carried out on the rural project management and competences of the

project initiators and promoters of rural tourism projects in Lithuania supported by the European Agricultural Fund for Rural

Development (hereinafter - EAFRD) The focus was laid on tourism projects developed by the newly created and the existing rural households financed by EAFRD A questionnaire study investigated project management experience of the hosts of 37 rural tourism homesteads their

approach to various aspects of project management and competence in project management The planning quality of the rural tourism projects was

investigated taking into account the following aspects market analysis project structure work duration sequence dependence project budget quality organisation and personnel selection A summary of the responses of all the subjects ie those with and without the experience in project management

revealed that the most the most important elements in planning were considered to be not always the most difficult The respondents point out that

appropriate planning of the resources is of primary importance for them as well as budgeting work order and their interdependence objectives the duration of works and the value of the project while the respondents point out the following aspects to be the most difficult to perform ie the duration of

the works foreseeing the start and end of works the resources cost control predict risk factors The study also found that the majority of rural tourism

hosts lack knowledge related to the project management so many of them wish to gain knowledge in project management or deepen it in particular by foreseeing the risk factors and their impact on the implementation of the project by setting quality standards and their control as werll as the project value

Keywords rural tourism projects project management project planning project implementation competence Lithuania Data bases IndexCopernicus

[STUNGURIENĖ Stanislava NARMONTAS Viktoras] Fundamentaliosios ir techninės analizės

sintezės tinkamumo akcijų kainų pokyčiams prognozuoti vertinimas [The evaluation of the fundamental

and technical analysis synthesisrsquo suitability to predict share price movements] Tarptautinis verslas

inovacijos psichologija ekonomika 2014 t 5 Nr 1 (8) P145ndash163 ISSN 2029-5774

Abstract In order to more accurately predict stock price changes approaches should be used to deal with the widest possible

range of factors affecting the share price movements This work developed model of the synthesis of fundamental and technical

analysis methods which permits a more accurate forecast of changes in stock prices The identification of the strengths weaknesses threats and opportunities of the fundamental and technical analysis allowed the combination of both the concepts of the analysis in

order to eliminate the disadvantages of the concept of each analysis by replacing them with the advantages of other analytical concept After this merger

the synthesis of the theoretical fundamental and technical analysis methods was opbtained with the assumption that the use of two analytical concepts in the same model should generate more accurate results of the prediction of future market prices The data under the analysis is based on the popular US

stock market index S amp P 500 monthly price changes The model assesses the future market price of one month through networking with changes in the

capital market indices changes in the economic indicators and the signals generated by the technical analysis This work found that the fundamental and technical analysisrsquo synthesis by using the data selected in the study is not suitable for predicting changes in stock prices However it was also found that

the use of the fundamental and technical analysisrsquo synthesis shows more accurate forecasting results rather than the use of technical and fundamental

analysis alone

Keywords the fundamental and technical analysis their synthesis changes in share prices


[STUNGURIENĖ Stanislava STAKĖNIENĖ Jurgita] Kaimo turizmo projektų valdymo problemos

[Rural tourism project management problems] Tarptautinis verslas inovacijos psichologija ekonomika

2014 t 5 Nr 1 (8) P124ndash144 ISSN 2029-5774

Abstract This paper presents the findings of the survey carried out on the rural project management and competences of the

project initiators and promoters of rural tourism projects in Lithuania supported by the European Agricultural Fund for Rural Development (hereinafter - EAFRD) The focus was laid on tourism projects developed by the newly created and the existing rural

households financed by EAFRD A questionnaire study investigated project management experience of the hosts of 37 rural tourism

homesteads their approach to various aspects of project management and competence in project management The planning quality of the rural tourism projects was investigated taking into account the following aspects market analysis project structure work duration sequence

dependence project budget quality organisation and personnel selection A summary of the responses of all the subjects ie those with and without the

experience in project management revealed that the most the most important elements in planning were considered to be not always the most difficult The respondents point out that appropriate planning of the resources is of primary importance for them as well as budgeting work order and their

interdependence objectives the duration of works and the value of the project while the respondents point out the following aspects to be the most difficult to perform ie the duration of the works foreseeing the start and end of works the resources cost control predict risk factors The study also

found that the majority of rural tourism hosts lack knowledge related to the project management so many of them wish to gain knowledge in project

management or deepen it in particular by foreseeing the risk factors and their impact on the implementation of the project by setting quality standards and their control as werll as the project value

Keywords rural tourism projects project management project planning project implementation competence Lithuania Data bases BusinessSourceCorporatePlus (EBSCO)

STUNGURIENĖ Stanislava Operacijų valdymo studijos taikant informacines technologijas Role of

higher education institutions in society challenges tendencies and perspectives academic papers =

Aukštųjų mokyklų vaidmuo visuomenėje iššūkiai tendencijos ir perspektyvos mokslo darbai 2013 no

1(2) Alytus Alytaus kolegija ISSN 2029-9311 P 255-261

35


[STUNGURIENĖ Stanislava URBANOVIČ Pavel] Informacinių technologijų taikymo Lietuvos

versle teisiniai aspektai [Legal aspects of applying Information technology in business in Lithuania] The

role of higher education institutions in the society challenges trends and prospects ISSN 2029-9311

2014 Nr 1 P 237-243

Abstract Thanks to Information technology the companies have more opportunities to achieve greater efficiency lower energy

use and pollution One of the areas of the application of information technologies in business is the use of electronic invoices

Electronic invoicing is a new theme for Lithuania no scientific studies were found on the subject except for only a few brief descriptions on developments in the laws made in 2013 There is no publicly available information on the applicability of laws on electronic invoicing in

Lithuanian companies

Keywords Invoice information technology legal environment

Data bases Index Copernicus

STUNGURIENE Stanislava Christauskas Ceslovas Benefits of Applying Different Depreciation

Methods of Long- term Tangible Assets in a Company Social Sciences 2013 Vol 82 No 4 P 38-47

ISSN 1392-0758

Abstract Long-term tangible assets comprise the major part of the available asset and depreciation amounts compose a greater part

of expenses Therefore it is very important to account these assets correctly because this influences the results of company activity The topics of long-term assets depreciation have been investigated by different authors on theoretic and practical levels considering

the peculiarities of a certain country The authors of this article have aimed at investigating the influence of depreciation methods

application on fee and profit accounting indices as well as at summarizing the necessity of accounting policy at a national level The dependence of the calculated company profit on the depreciation method of long-term tangible assets is analyzed in the article

Keywords long-term tangible assets depreciation method accounting of long term tangible assets Data bases CSA Sociological Abstracts SocINDEX with Full Text

[STUNGURIENĖ Stanislava] Pridedamosios vertės kūrimas kiekybinių verslo sprendimų dalykų

dėstymo procese [Creating value-added quantitative business solutions subjects teaching process] The

role of higher education institutions in the society challenges trends and prospects 2014 Nr 1 P 217-

222 ISSN 2029-9311

Abstract Abstract Thanks to information technology the teaching process can also create an added value The subjects of

quantitative business solutions that are based on opportunities of the applicability of mathematical methods in real management processes are being delivered in most university and non-university educational institutions The paper presents the insight of

mathematical methods techniques using computer models in the learning process One example of simulation delpoyed in the study

reveals the essence of the teaching process innovation

Keywords Quantitative business solutions information technology the added value the teaching process

Data bases IndexCopernicus

[STUNGURIENĖ Stanislava] Verslo matematikos dėstymo metodiniai aspektai [Methodological

aspects of teaching Business Mathematics [The role of higher education institutions in the society

challenges trends and prospects] The role of higher education institutions in the society challenges

trends and prospects ISSN 2029-9311 2014 Nr 1 P 223-229

Abstract Thanks to information technology the teaching process can also create an added value The subjects of quantitative business solutions that are based on opportunities of the applicability of mathematical methods in real management processes are

being delivered in most university and non-university educational institutions The paper presents the insight of mathematical

methods techniques using computer models in the learning process One example of simulation delpoyed in the study reveals the essence of the teaching process innovation


[URBŠIENĖ Laimutė MONKEVIČIŪTĖ Rūta NAVIKAITĖ Urtė] Analysis of the attractiveness

and competitiveness of the securities market in Lithuania Ekonomika 2014 Vol 93(3) ISSN 1392-

1258 P 116-140

Abstract The importance of attractiveness and competitiveness of the Lithuanian stock market has significantly increased in the recent years due to its influence on the capital market as well as on its participants and the economy of the whole country This

article aims to evaluate the attractiveness and competitiveness of Lithuaniarsquos securities market by using a quantitative analysis It

has aimed to define the statistically significant relationship between market attractiveness and competitiveness and the number of listed companies cross listing liquidity and trade volumes The quantitative analysis has provided arguments to conclude that

securities market in Lithuania currently is not attractive either from the point of capital supply or from the point of capital demand In addition the

securities market in Lithuania lacks competitiveness among other markets

Keywords attractiveness competitiveness security market stock exchange

36



Jimeacutenez Charles Wankel Weng Si Lei Michael S Minor Paweł Bryła Xavier Ordentildeana Alexander

Bode Anja Schuster [VAIGINIENE Erika] Fabian Jintae Froese Hanoku Bathula Nilay Yajnik Rico

Baldegger and Victor Zengyu Huang A Global Classroom Evaluating the Effectiveness of Global

Virtual Collaboration as a Teaching Tool in Management Education Academy of Management Learning

amp Education2013 Vol 12 No 3 ISSN 1537-260X P 415-435 This study evaluates the effectiveness of global virtual student collaboration projects in international management (IM) education

Over 6000 students from nearly 80 universities in 43 countries worked in global virtual teams (GVTs) for two months as part of their IM courses Multi-source longitudinal data were collected including student and instructor feedback course evaluations assessment of changes in knowledge attitudes and

behaviors following the experiential project and various indicators of individual and team performance Drawing on experiential learning social learning

and intergroup contact theories the effectiveness of the experiential GVT-based approach in IM education was evaluated at the levels of reactions learning attitudes behaviors and performance The findings show positive outcomes at each level but also reveal challenges and limitations of using

GVT projects for learning and education Implications for IM education and suggestions for future research are discussed

83 Bookstextbooks

Customer-Centric Marketing Strategies Tools for Building Organizational Performance ed [Hans-

Ruediger Kaufmann] Mohammad Fateh Ali Khan Panni Hershey Business Science Reference 2013

- 643 p ISBN 9781466625242

As customer orientation continues to gain importance in the marketing field there has been a growing concern for organizations to

implement effective customer centric policies Customer-Centric Marketing Strategies Tools for Building Organizational Performance provides a more conceptual understanding

on customer-centric marketing strategies as well as revealing the success factors of these concepts This book will discuss how to improve the organizationrsquos financial and marketing performance

URBŠIENĖ Laima DUBINSKAS Petras STUNGURIENĖ StanislavaFinansinių sprendimų

modeliavimas kompiuterizuoti skaičiavimai [Financial modeling solutions computerized

calculations]Vilnius UAB bdquoCiklonasldquo 2013 - 256 p ISBN 9786099540412

The book combines the methodology of developing computer models with examples of specific financial solutions a lot of practical

examples of solutions are provided The students of financial field of study programmes may benefit from familiarising themselves

with specificity of financial functions of electronic calculator Excel further deepening of the financial debt-related knowledge and tasks of optimal allocation of resources which are solved using a supplementary solution Solver

The book is intended for students of different cycles Some sections may be useful for business practitioners who are interested in

searching for financial solutions using a variety of mathematical methods (linear nonlinear integer and stochastic programming Monte Carlo simulation) The book combines computer models of the methodology to specific financial solutions such as a lot of practical examples of solutions The financial

study programs students benefit from access to excel spreadsheet financial functions utilization of further deepening of the financial debt-related

knowledge and optimal allocation of resources to tasks which are solved using additive solution solver The book is intended for students of different stages Some sections may be useful for business practitioners who are interested in financial decisions using

a variety of search methods matemetinius (linear nonlinear and stochastic programming sveikaskaitį Monte Carlo simulation) issues

Handbook of Research on Managing and Influencing Consumer Behavior edt [Hans Ruediger

Kauffman] IGI Global 2014 - ISBN 9781466665477 In recent years all types of businesses have increasingly focused on the importance of the relationship with the customer Customer

knowledge management has become a well-known term used in the business and academic worlds for understanding how to

control consumer behavior The Handbook of Research on Managing and Influencing Consumer Behavior discusses the importance of understanding and

implementing customer knowledge management and customer relationship management into everyday business workflows This

comprehensive reference work highlights the changes that the Internet and social media have brought to consumer behavior and is of great use to marketers businesses academics students researchers and professionals

37


84 Conference Presentations

AMBRUSEVIČ Nikolaj Comparative analysis of funding structure of the sector of high

technology in the Baltic States Values in shock The role of contrasting management

economic and religious paradigms in the workplace Riga ISSWOV International society

for the workamp organizational values 2014 P 315-346 ISBN 978-0-09817997-3-5

Abstract The present study represents a test of a conceptual model predicting how the structure of funding might influence countryrsquos performance developing sector of high technology Using the framework provided by Triple helix theory and Eurostat suggested methodology this model assesses

whether aspects of the funding structure may have a positive effect on countryrsquos performance developing sector of high technology through their influence on sectorrsquos business national and international levels of evaluation number of patents number of innovative enterprises turnover of high technology

trade and share of high technology in national export The result indicates that the theoretical framework can identify specific leverage points that can

increase efficiency of funding structure and therefore productivity of the sector of high technology and therefore productivity of the sector of high technology

BURAČAS Antanas Žvirblis Algis Examination of the Entrepreneurship Advantage Determinants Affecting Strategic

Decisions (Baltic case) Management Horizons in Changing Economic Environment Visions and Challenges

Proceedings of the 11th International Scientific Conference Kaunas Lithuania September 22-24 2011 ISSN 2029-8072

P31-38

CERNEVICIŪTE Jūrate STRAZDAS Rolandas] Collective creativity management model for

creative enterprises IEC 2014 The international conference on entrepreurship conference

proceedings Istanbul May 15-16 2014 Istanbul Istanbul Aydin University p 317-326 ISBN 978-

6054303342

Abstract The first concept use of the term ldquoentrepreneurshiprdquo relates to the seventeenth century in Francewhile the research on

it has its beginnings with Schumpeter linking it with the innovativeness of business organizations Entrepreneurial orientation as a

concept is related with business organizations performing entrepreneurial actions and activities Nowadays importance of entrepreneurial orientation research has increased due to its recognition as a critical success factor of business organizations This study aims to provide a

literature review on the relations between entrepreneurial orientation and business organizations and the impact that this orientation has as a performance promoter

Keywords Entrepreneurial Orientation Business Organizations Performance

GUDAITIS Tadas Privačių antros pakopos pensijų fondų investicinės veiklos rezultatų Lietuvoje

vertinimas [Evaluation of private second pillar pension fund investment performance in Lithuania]

Ekonomikos vystymasis procesai ir tendencijos II-osios tarptautinės mokslinės - praktinės

konferencijos įvykusios Vilniaus kolegijos ekonomikos fakultete 2013 mkovo 20 d [Economic

Development Trends and Processes 2nd international scientific - practical conference held in faculty of

Economics of Vilnius College on 20 March 2013 Vilnius] Vilnius UAB bdquoCiklonasldquo 2013 ISBN 978-

609-436-019-0 p65-82

With an aging population and declining birth rates and increasing old-age pension alongside with decreasing contributions to the social security budget

most governments have been forced to look for solutions on how to balance the social security budget The purpose of the article is to analyse the social

and economic reasons of the Lithuanian pension system reform to evaluate the results achieved in the reform and to provide possible solutions for further development of the pension system reform The analysis of the results of the first half of the period of 2003 - 2008 showed that the first results of the

reform due to the activity of the participants are more successful that the forecast of the developers The second pillar pension funds are used by a third

more of the employees than expected under the optimistic scenario The reform was successfully started due to a selected model of the existing financial market institutions the national supervision system of administrative and financial market authorities active marketing and sales strategy of pension

companies The evaluation of the investment performance of the second pillar pension funds and the comparison with the widely used indices in the global

financial market show that the results are consistent with expectations In order to further evaluate the investment performance of the second-pillar pension funds it is necessary to wait for returns of 5-7 years of investment Although the first results of the pension system are successful yet there is

much room for improvement in certain aspects of the reform

Keywords second-pillar pension funds investment management investment risk Data bases Lituanistika

GUDAITIS Tadas Lietuvoje veikiančių privačių antros pakopos pensijų fondų investicinės

veiklos rezultatų analizė [Analysis of investment performance of private second pillar

pension funds operating in Lithuania] Practice and research in private and public sector ndash

2013 3rd international scientific conference conference proceedings Vilnius Mykolas

Romeris University April 11-12 2013 ISSN 2029-7378 p 203-2015

38


GUDAITIS Tadas Medaiskis Teodoras Was the Participation in Second Pillar Successful

in Lithuania Athens 2013 ATINERS Conference Paper Series No ECO2013-0605 P5-

16

The evaluation of participation in Lithuanian private second pillar is analysed in the paper The analysis is based on

qualitative quantitative and statistical analysis of pension accumulation results during the 9 years period starting from 2004

The average monthly wage receiverrsquos scenario is analyzed by calculating the accumulated amount in fully funded

private second pillar pension funds and comparing it with the reduced values of first pillar pension based on pay-as-you-go principle The results of participation in second pillar are compared with the values of old age pension of person who had not joined the fully funded system The results disclose

that fully funded private second pillar pension funds investment management in general shall be assessed as positive and effective However due to the

longer life expectancy the capital accumulated by women in fully funded second pension pillar does not exceed the present value of loss in first pension pillar based on pay-as-you-go principle The comparison of basic annuities exposes more optimistic result for both genders of participants of fully funded

private second pillar pension funds

Keywords Old-age pay-as-you-go pension Private fully funded second pillar pension funds Pension reform

JUREVIČIENĖ Daiva NOVICKYTĖ Lina DUBINSKAS Petras KELIUOTYTĖ Greta Personality types of Lithuanian individual investors 1st Annual International Interdisciplinary

Conference AIIC 2013 24-26 April 2013 Azores Islands Portugal conference proceedings

Vol 1 Kocani European Scientific Institute Publishing 2013 ISBN 9786084642039 P 31-40

Abstract The article discusses behavioural finance theories in householdsrsquo decision-making process Classical finance

theories based on financial markets rational behaviour assumption are analysed the subjective factors influenced on households decision-making were identified Behavioural theories and behavioural anomalies in the decision-making process are classified the opportunities of their application in the

financial market are described Behavioural finance theoriesrsquo influence on the households financial decisions were researched to allocate investorsrsquo types

based on their behavioural characteristics Investorsrsquo type classification could help minimize households` mistakes in the personal finance management Taking into account households` weaknesses in the personal finance management they could choose more effective strategy for better personal finance

management

Keywords behavioural finance cognitive bias theory homo economicus models of behavioural finance prospect theory traditional finance theories

types of investors

[KAUFMANN Hans Ruediger] Strata Sonny Domenighini Cecilia Novak Magdalena Kessler

Kathleen Losing quality on the way from the meadow to the consumerrsquos plate Confronting

Contemporary Business Challenges through Management Innovation 6th Annual EuroMed

Conference of the EuroMed Academy of Business EuroMed Press 2013 ISBN 978-9963-711-16-1

P 2673-2678

Abstract Since its origin the cooperative organisation of economic activity has been analysed on the basis of alternative

scientific paradigms The different approaches are due to the multiple perspectives suggested by a phenomenon multi-faceted in itself and that can be

observed starting from different premises and purposes Starting from these considerations it seemed us appropriate to analyse the cooperative forms of

enterprise focussing on the economic aspects of the production of goods and services carried out in enterprises in which the management is entrusted to

bodies different from those allocating the financial capital Taking this into account the first part of this work will focus on the definition of the

cooperative forms of enterprise in general economic theory and in business theory On the basis of the theoreticalconceptual profiles of reference this study proposes an interpretation of the cooperative enterprise representing a reference model of the economic production that can at the same time

increase both the economic development and the wealth of a whole community With specific regard to this latter aspect the second part of this work will

focus on two cooperatives from Puglia structured as community-based cooperatives which tend to associate the pursuit of economic goals with the social and economic development of the local communities in which they operate Through the illustration of two case studies (the community-based

cooperatives Melpignano and Jemma) this paper aims to highlight the potential of community-based cooperatives for the support and the economic and

social development of local area and its residents

Keywords cooperative community-based cooperative local economic and social development

Data bases Web of Science

KAUFMANN Hans Ruediger Polycarpou Marina Auphan Aude-Marie Social enterprises

panacea for crisis situations and change Confronting Contemporary Business Challenges through

Management Innovation 6th Annual EuroMed Conference of the EuroMed Academy of Business


Abstract Emerging trends such as an increasing ageing population (eceuropaeu wwwtelegraphcouk) and in its wave

stressed public budgets for health care systems or a structural change in the workforce created by an increasing ageing population calls according to Murray (2008) for paradigmatic shifts towards more anticipatory responsive and agile business

models this paper contributes to the debate if social enterprises might be regarded as the business paradigm of the future and as their corporate values

revolve around social responsibility to what extent employment of ageing population could be a viable HR strategy for them The aims of the paper are threefold first to validate conceptual frameworks on elements of successful business models for social entrepreneurship and societal impact of social

enterprises- the conceptualization is based in particular on the theories provided by Kaufmann Davies and Schmidt (1994) on Identity Development of

Eastern German entrepreneurs Grossmann (2008) on across-the-sectors- partnerships Murray (2008) on social knowledge entrepreneurship Rablrsquos (2010) research on ageing employees as outlined before and Paerensonrsquos call (2011) for impact evaluation of social entrepreneurs second to investigate

the conditions and perceptions for employment of the increasing ageing population in social enterprises and third to suggest a research methodology for a

comprehensive comparative cross-cultural research study to contribute to newly triangulated knowledge in the field


39






Abstract Emerging trends such as an increasing ageing population (eceuropaeu wwwtelegraphcouk) and in its wave stressed public budgets for health care systems or a structural change in the workforce created by an increasing ageing

population calls according to Murray (2008) for paradigmatic shifts towards more anticipatory responsive and agile business

models this paper contributes to the debate if social enterprises might be regarded as the business paradigm of the future and as their corporate values revolve around social responsibility to what extent employment of ageing population could be a viable HR strategy for them The aims of the paper are

threefold first to validate conceptual frameworks on elements of successful business models for social entrepreneurship and societal impact of social

enterprises- the conceptualization is based in particular on the theories provided by Kaufmann Davies and Schmidt (1994) on Identity Development of Eastern German entrepreneurs Grossmann (2008) on across-the-sectors- partnerships Murray (2008) on social knowledge entrepreneurship Rablrsquos

(2010) research on ageing employees as outlined before and Paerensonrsquos call (2011) for impact evaluation of social entrepreneurs second to investigate

the conditions and perceptions for employment of the increasing ageing population in social enterprises and third to suggest a research methodology for a comprehensive comparative cross-cultural research study to contribute to newly triangulated knowledge in the field


LAUŽIKAS Mindaugas VAIGINIENĖ Erika MILIŪTĖ Aistė VARNIENĖ Skaistė

JAKIMAVIČIUS Tomas Impacts of the fair of failure on the Dynamics of entrepreneurship in

CEEC belonging to the EU since 2004 The Future of Entrepreneurship 7th EMRBI Conference


Executive summary With this report the Global Entrepreneurship Monitor (GEM) has completed fifteen annual cycles GEM

generates relevant primary information on entrepreneurship providing harmonized measures about the attitudes activities and characteristics of individuals who participate in various phases of entrepreneurship GEM also analyzes aspirations that these entrepreneurs hold for their

businesses along with other key features of their ventures In 2013 more than 197000 individuals have been surveyed and approximately 38 00 national

experts on entrepreneurship participated in the study across 70 economies collectively representing all global regions of the world and a broad range of economic development levels The samples in the GEM 2013 study represent an estimated 75 of the worldrsquos population and 90 of the worldrsquos total

GDP In addition to its annual measures of entrepreneurship dynamics GEM analyzed well-being as a special topic in 2013 With an increasing number of

economies participating in the project GEM groups them into geographic regions sub-Saharan Africa the Middle East and North Africa (MENA) Latin America and the Caribbean Asia Pacific South Asia Europe (distinguishing economies that are part of the European Union from those outside the EU)

and North America GEM additionally considers the World Economic Forumrsquos Global Competitiveness Report classification into three levels factor-

driven efficiencydriven and innovation-driven By using both groupings GEM can compare economies across similar development levels and geographic locations The table below shows the economies involved in the GEM 2013 assessment by these two dimensions


LAUŽIKAS Mindaugas VAIGINIENĖ Erika ROSINAITĖ Vikinta MILIŪTĖ Aistė

BATULEVIČIŪTĖ Skaistė DAILYDAITĖ Simona The role of cultural and social norms on

intrapreneurship in Lithuania Confronting Contemporary Business Challenges through Management

Innovation 6th EMRBI Conference EuroMed Press 2013 ISBN 978-9963-711-16-1 P 1359-1380

Abstract The present paper aims at examining the effects of culture on the dynamics of entrepreneurship in Lithuania via such

factors as education creativeness innovativeness or social and cultural norms The paper consists of 3 parts the first part focuses

on the main concepts patterns and trends of the economy of culture the interaction between arts and business the dimensions of creativity as well as entrepreneurship the second part presents the Global Entrepreneurship Monitor-based methodology and the last part reveals research results In the light

of the rapid globalization process culture is often considered the evolution of mankind and the essence of civilization It is perceived as arts literature

music painting lifestyle of society customs rules religion leisure and many other aspects however its role in business and organizations has been insufficiently examined While identifying factors that influence the development of companies and or entrepreneurial activities authors often neglect the

role of culture but without using a creative potential of human resources in the context of their unique cultural or intercultural backgrounds it is unlikely to efficiently manage innovation processes and entrepreneurial activities As stated by such global organizations as the United Nations or the European

Union while promoting the economy of culture and creativity countries also promote economic development social inclusion and improvements in social

areas Without knowing the impacts of national culture on business some financial support measures could vanish Therefore the research question how

culture affects the dynamics of entrepreneurship in Lithuania is of significant importance As the results of the paper various interpretations of the concept

of culture and its added value to the economy presented followed by the specificity of the symbiosis between arts and business explained and possible

mutual synergies identified within the conceptual model of the symbiosis of arts and business are provided Having many cases of countries in terms of the development of the creative economy and arguments why it is important to encourage creativity in economy and business presented it is continued to

focus on entrepreneurship enhancement initiatives in the European Union The role of culture for competitive advantage of organizations emerges as a

holistic approach which links literature and statistics review with the methodology of Global Entrepreneurship Monitor and the main effects of culture on entrepreneurship in Lithuania

Keywords culture creativity entrepreneurship business development Data bases Web of Science

40


[NAZELSKIS Eugenijus] Tūtlys Vidmantas Involvement of enterprises and sectors of economy

in the designing and implementation of the national qualifications framework experience of Lithuania

EuroMed the 6th annual EuroMed conference Confronting contemporary business challenges

through management innovation Estoril Portugal 23rd-24th September 2013 conference readings

book proceedings Bradford EuroMed Press ISBN 9789963711161 p 1649-1683

The goal of this paper is to disclose the systemic institutional pattern of the involvement and participation of the enterprises and sectoral stakeholders in

the designing and implementation of the Lithuanian Qualifications Framework (further named as LTQF) and national occupational standards This goal is achieved by outlining the main groups of factors that define involvement of enterprises and sectors of economy in the designing and implementation of the

LTQF and the analysis of the cases of the involvement of the two sectoral stakeholders (Association of the Chemical Industry and the Association of the Engineering Industries of Lithuania) in these processes The research is based on the meta-analysis of the previously executed researches on the skills

development in the enterprises literature review documentary analysis and interviews with representatives of the two associations of enterprises and

policy makersFrom the point of view of theoretical novelty and significance this paper provides new systemic and holistic insight to the institutional patterns of the involvement and participation of business in the development of the national system of qualifications The practical importance of this

paper is defined by the provision of useful policy learning materials for the development and facilitation of business involvement in the implementation of

the National Qualifications Framewroks occupational standards and related instruments

Keywords National qualifications framework Lithuanian Qualifications Framework occupational standards sectors of economy human resource

management human resource development Data bases Web of Science

[RUBČINSKAITĖ Rima] Regional dimension of Baltic countries clustersrsquo impact on economy

first insights Practice and research in private and public sector - 2014 4th international scientific

conference conference proceedings Vilnius May 14-15 2014 Vilnius Mykolo Romerio

universiteto Leidybos centras 2014 ISSN 2029-7378 p 272-285

Abstract The international role of Euro advantages and disadvantages of Euro adoption for the countries economy is

analyzed The experience of Germany and Slovenia adopting Euro and consequence of adopting for Estonia is considered The rezults of investigates of

German Statistical Department and Deutsche Bank about the impact of the adoption of Euro on the dynamics of price level in Germany are presented in the article Although this effect was not significant however adoption of Euro influenced the rise of prices in Germany On the other hand the inflation

process was strengthened by psychological factors The paper presents the Euro adoption strategy of Lithuania evaluating the experience of foreign

countries that have adopted Euro The present problems and the perspectives of the European Monetary Union and the Euro are discussed

Keywords Euro European Union European Monetary Union strategy of adoption of Euro

SANCHEZ BENGOA Dolores Does National Culture Affect Intercultural Knowledge Transfer ECIC 2013 5th

European Conference on Intellectual Capital University of the Basque Country Bilbao Spain 11-12 April 2013

conference proceedings ISBN 978-1-909507-15-9 P 487-494

From international construction projects to multicultural research networks or foreign manufacturing plants more than ever international

cooperations are the pillars for many economies Due to these co‐operations the constant flow of employees and their intellectual capital require specific intercultural skills to successfully manage the transfer of knowledge across different cultures The unlimited potential for innovation derived from this new

intercultural knowledge based economic culture should be carefully treated because is the key to economic progress This knowledgersquos value is identified by many companies and therefore treasured and protected to a great extent This protective attitude represents a considerable obstacle for international

business co‐operations The paper explores how elements of culture eg values attitudes ways of communication learning or even leadership styles amongst others influence positively or negatively the transfer of knowledge between Eastern and Western European cooperations Additionally the

research highlights how managerrsquos intellectual capital sharing and employeesrsquo absorptive capacity and willingness to learn are impacted by culture The qualitative research applies a phenomenological approach because it tries to understand social and cultural realities which are based on peoplersquos

experiences and the meanings attached to them The data collection was conducted by in‐depth interviews (23) needed to reach theoretical saturation

non‐participant and participant observation (7) focus groups (4) and fieldtrips notes in Russia and Austria During the data collection the grounded theory method of constant comparative analysis was used for the analysis

The researcher applied a fundamental shift from a mere comparative study of cross‐cultural differences (nodal level) to the study of intercultural interactions (dyadic level) The research findings provide an awareness for academics (due to the lack of existing literature in the field at a

dyadic level)about how own self‐reference criteria ethnocentric behaviours competitiveness hierarchies knowledge alienation cognitive understanding risk taking or learning culture could limit or encourage knowledge transfer and its acceptance For practitioners understanding and integrating cultural

diversity exponentially enlarge managersrsquo intellectual capital and facilitate its transfer It provides higher levels of competitive advantage by utilizing diversity sharing knowledge and reciprocal learning eg for innovation (product process or social) and for the choice of standardization andor

adaptation strategies in international markets (degree of localization of product and communication strategies) and finally quicker and more successful

market entry

Keywords knowledge transfer culture international co‐operation Eastern Western Europe

41


Swetlik Ralf [SANCHES BENGOA Dolores] Exploring organizationrsquos change capability

Confronting Contemporary Business Challenges through Management Innovation 6th Annual

EuroMed Conference of the EuroMed Academy of Business EuroMed Press 2013 ISBN 978-9963-

711-16-1 P 2237-2252

Abstract In the speed of how business are operating currently key terms like transformation and change are not a new

phenomena The elements of change and change management are widespread and multifaceted Change management is a well established concept in academic literature but in order to implement it suitable measuring instruments have to be in placed An

organizationlsquos capability to change is very closely linked to the capability to change of its employees The behaviour of people is in turn closely dependent amongst others on their motivation leading to issues like how does motivation influence change Here aspect like a) communication b) leadership

emotional intelligence and factual intelligence c) change management as an on-going and lasting challenge and d) Focus on processes play a remarkable

role This is a work on process paper where the researchers explore several measuring models in order to answer those questions being the EFQM model one of them The objective of this paper is to explore the organizational change capability and identified strengths and weakeness of current exitsing

models This paper will be used as a stepping stone for the final research which aim is to create an extension of the EFQM model by adding a new

component which is suitable to measure the change capability The research will apply a qualitative methodology using a combination of methods for an optimal possibility to answer the research question The action research gives the framework with the intention of helping to develop practice and in this

case specifically to create an extension of the EFQM Model The case study will provide a detail understanding of what is happening at the work place by

conducting in-depth interviews in the real situation 6th Annual EuroMed Conference of the EuroMed Academy of Business Confronting Contemporary Business ISBN 978-9963-711-16-1 Challenges Through Management Innovation

Keywords Change management change capability EFQM model and measurement Data bases Web of Science

Zhou Jiangfan [SANCHES BENGOA Dolores] Exploring the role of trust in business relationship

within the Chinese shipbuilding industry Confronting Contemporary Business Challenges through



Abstract Chinarsquos rising shipbuilding industry offers an extensive market opportunity to the worldrsquos shipbuilding industry The

Chinese shipbuilding industry is characterised by being mainly state-owned enterprises (SOE) and has a legacy of a previous planned economy These state-owned enterprises operate under governmental control as well as receive governmental support European co-operations

with Chinese state-owned enterprises face major roadblocks in terms of pattern of agreements understanding with shippers or coping with governmentrsquos

policies and requirements The research will discuss the role and influence of trust affecting the business relationship between European suppliers and Chinese SOE shipbuilding industry It will provide suggestions on how to build up trust for a solid business partnership The interestrsquos trilogy

(government relationship and trust) should be taken into account in order to avoid tension between the supplierrsquos interest statersquos interest and SOErsquos

interest The methodology applied in this research will be of qualitative nature using a case study with in-depth interviews It conducts exploratory and descriptive methods to get a deep understanding of how trust and relationship are developed in a market entry strategy with Chinese SOE The outcome of

the qualitative research will reveal the role that trust plays in Chinese SOE shipbuilding industry leading to the development of a new model which is

based on trust and relationships being regarded as the success factors for European shipbuilding industry when entering in the Chinese market being under governmental supervision 6th Annual EuroMed Conference of the EuroMed Academy of Business 2521 Confronting Contemporary Business ISBN 978-

9963-711-16-1 Challenges Through Management Innovation

Keywords Trust and relationship market entry strategy China culture Chinarsquos shipbuilding market shipbuilding Industry


STRAZDAS Rolandas ČERNEVIČIŪTĖ Jūratė] Increasing efficiency in collective creativity The XXV

ISPIM Conference ndash Innovation for Sustainable Economy amp Society Dublin Ireland on 8-11 June 2014 P 1-13

Abstract The process of new product development often requires diverse knowledge and skills The

organisations are becoming increasingly team based In many cases working in teams and collective creativity skills are becoming more important than job-related knowledge There are not many studies on how to

increase the efficiency in collective creativity The study presented in the article was conducted in two phases

The first phase of the study was aimed on the identification factors most important for the efficiency of collective creativity The survey of 38 teams was performed The second phase of the study is aimed at identification possible solutionsprinciples on how to increase the efficiency of collective creativity

process The analysis of three existing collective creativity models is conducted Based on the findings the Simultaneous Collective Creativity (SCC) model

was developed Each step of the model is described in detail in the article

Keywords collective creativity stage-gate oobeya simultaneous creativity model efficiency in creativity system innovation

Filipavičienė Nijolė STUNGURIENĖ Stanislava POCIUS Viktoras Ilgalaikio materialaus turto

nusidėvėjimo metodų taikymo ypatumai Ekonomikos vystymasis procesai ir tendencijos II-osios

tarptautinės mokslinės - praktinės konferencijos įvykusios Vilniaus kolegijos ekonomikos fakultete 2013

m kovo 20 d [Peculiarities of applying tangible asset depreciation methods Economic Development

Processes and Trends 2nd international scientific - practical conference held in faculty of Economics of

Vilnius College on 20 March 2013]Vilnius UAB bdquoCiklonas 2013 ISBN 978-609-436-019-0 p373-385

42


85 Popular science publications and scientific events

Dr Mindaugas Laužikas paskaita bdquoIdealaus verslininko charakteristikaldquo[Lecture

onldquoIdeal Businessmanlsquos Characteristicsldquo]

Renginių ciklas Verslas veža (2013 spalis)[Series of events ldquoBusiness

Drivesldquo(October 2013)]

Dr Tado Gudaičio pasisakymas apie podoktorantūros studijas VU TVM radijo laidoje bdquoSprendimų

metasldquo[Dr Tadas Gudaitislsquo speech on post-doctoral studies on VU IBS Radio show

ldquoTime for Solutionsldquo] (2013-04-23 httpwwwlaisvojibangaltsprendimu-metas-2013-

04-23

Prof Nazelskis Eugenijus Dimisijos pulkininką Stasį Knezį prisimenant Kariūnas Vilnius

Generolo Jono Žemaičio Lietuvos karo akademija [Memories of a retired colonel Stasys

Knezys Cadet Vilnius The General Jonas Zemaitis Military Academy of Lithuania]

2013 No 1(116)

2013 No 2 (117) ndash Part 2

Prof Eugenijaus Nazelskio pranešimas bdquoKarių išleistų į atsargą svarbus integracinis veiksnys į darbo

rinką ndash užsienio kalbų mokėjimasldquo Generolo Jono Žemaičio Lietuvos karo akademijos Universitetinių studijų instituto

Užsienio kalbų katedros organizuojamoje konferencijoje bdquoUgdymo veiksniai mokymo(si) kontekste globalizacijos

sąlygomisldquo [Presentation of prof Eugenijus Nazelskis ldquoProficiency of foreign languages of demobilized

soldiers is an important integrating factor in the labour marketrdquo delivered at the conference

ldquoEducational factors for learning in the context of globalizationrdquo organized by Graduate Institute of

Foreign Languages Department at General Jonas Zemaitis Lithuanian Military Academy]

ProfEugenijaus Nazelskio parengta knygos bdquoLeonas Jovaiša nuo pedagogikos edukologijos linkldquo

apžvalga informacinio leidinio bdquoŠvietimo naujienosldquo priede bdquoŠvietimo panoramaldquo (2013 m Nr 6 (328)

[Review of the book ldquo Leonas Jovaiša from Pedagogics to Educationldquo prepared by prof

Eugenijus Nazelskis annex ldquoPanorama of Educationldquo to Newsletter ldquoEducation Newsldquo

(2013 No 6 (328)]

ProfEugenijaus Nazelskio pranešimas bdquoProfesinės tarnybos ir atsargos karių

efektyvaus žmogiškojo kapitalo panaudojimas ndash neatsiejama valstybės ekonominės

ir socialinės politikos dalisldquo konferencijojo -apskritojo stalo diskusijoje bdquoLietuvos

krašto apsaugos sistemos 1989-1993 metais atkūrimas ir svarba tolimesnei krašto

apsaugos sistemos raidaildquo skirtoje krašto apsaugos sistemos atkūrimo 23 metinėms paminėti (203-04-26) [Presentation

by Prof Eugenijus Nazelskis on ldquoEffective utilization of human capital of professional service and

reserve troops is an integral part of economic and social policyrdquo at conference-round-table discussion

ldquoRestoration of the Lithuanian National Defence System in 1989-1993 and its importance for further

development of the national defence systemrdquo dedicated to the 23rd

anniversary of restoring the

national defence system (203-04-26)]

43


Rimos Rubčinskaitės pranešimas bdquoPamokos išmoktos iš 2007ndash2013 m ESF

stebėsenos rodiklių aukštojo mokslo atvejisldquo tarptautinėje vertinimo konferencijoje

bdquoSanglaudos politika 2014ndash2020 m įrodymais grįsto programavimo ir vertinimo

link (2013-07-05 Vilnius LR Finansų ministerija)

[Rima Rubčinskaitėrsquos presentation on ldquoLessons learned from the

period of 2007-2013 in accordance with EUF monitoring indicators case study of higher educationrdquo in

the international conference on the assessment of ldquoCohesion Policy for the Period of 2014-2020

toward evidence-based programming and evaluation (5 July 2013 Vilnius Ministry of Finance)]

Diana Nausėdienė LDK dvaras lenkė kitas Europos šalis (2013-08-17) [Estates

of Grand Dutchy of Lithuania competed with other countries 17

August 2013] httpwwwdelfiltnewsringaslitd-nausediene-ldk-dvaras-lenke-kitas-

europos-salisdid=62060669

Diana Nausėdienė Manierų istorija ndash būti ar nebūti lietuviu (2013-08-03) [History of Manners ndash to be or not to

be a Lithuanian 3 August 2013] httpwwwdelfiltnewsringaslitd-nausediene-manieru-istorija-buti-ar-nebuti-

lietuviudid=61997267ixzz2hKmB644I

Diana Nausėdienė LDK didikai nekeliaklupsčiavo prieš Europos dvarus (2013-08-10) [The noblemen of Grand

Dutchy of Lithuania did not feel inferior to those of the European estates 10 August 2013]

httpwwwdelfiltnewsringaslitd-nausediene-ldk-didikai-nekeliaklupsciavo-pries-europos-

dvarusdid=62034623ixzz2hKn3yJM1

Diana Nausėdienė Nepaklyskime tarp trijų propagandos pušų [Letrsquos not get lost among the three propaganda

pines (7 November 2014) httpwwwdelfiltnewsringaslitd-nausediene-nepaklyskime-tarp-triju-propagandos-

pusudid=66324386ixzz3INbpRCt5

Prof Eugenijus Nazelskis bdquoKarybos specialistas rusai nesustosldquo [A military specialist ldquoRussians will not

stopldquo] (15 March 2014) httpwwwdelfiltnewsdailylithuaniakarybos-specialistas-rusai-nesustosdid=64279338ixzz2w3mulnZe

2


CONTENTS

1 About VU IBS 3

2 Research and Innovations Committee 4

3 Congratulations - They are cited 5

4 Statistics of scientific publications 8

5 Innovations and Entrepreneurship Centre 10

6 Conferences and other events 12

7 Scientific and applied research other projects 15

71 International projects 15

72 Projects of national programms 17

73 Commissioned and other research 22

8 Publications 24

81 Scientific monographs studies 24


recognition 26

82 Scientific articles in journals and other quoted scientific publications 27

83 Bookstextbooks 36

84 Conference Presentations 37

85 Popular science publications and scientific events 42

3


1 About VU IBS




pletros asociacija













4




Assocprof

ROLANDAS

STRAZDAS

International

Business

School at

Vilnius

University

(Lithuania)


ave 22 LT ndash

10225

Vilnius

Lithuania

Chairman of

the

Committee

Prof Dr hab

DOROTA

DOBIJA

Kozminski

University

(Poland)


ul

Jagiellońska

5759 03-301

Warsaw

Prof

HANS

RUEDIGER

KAUFMANN

University of

Nicosia Scool

of Business

(Cyprus)

International

Business

School at

Vilnius

University

(Lithuania)


Beach

Gardens II

House Nr 12

7560

Perivolia

Cyprus

Assocprof

EGIDIJUS

BIKAS

International

Business

School at

Vilnius

University


ave 22 LT ndash

10225

Vilnius

Lithuania

Dr

JELENA

ANGELIS

Technopolis

Group

(International)


groupcom

ANDRIUS

BAGDONAS

Sauletekio

Valley

(Lithuania)


ave 15 LT ndash

10224

Vilnius

Lithuania

Chairperson of

VU IBS

Student

Representation

Office

International

Business

School at

Vilnius

University

(Lithuania)


ave 22 LT ndash

10225

Vilnius

Lithuania

5


















ISSN 1392-1258 P117-128




ISSN 1877-0428 P870-876





28-36








papers Vol1 ISSN 2029-4441 P 511-517




ISSN 2029-4913 P 502-515

Cited by 3(ISI Web)









6





































100 ndash 109












7













ISSN 2029-4913 P 502-515

Cituoja 3(ISI Web)











ISSN 1648-0627 P 203-214














435


8



2008 2009 2010 2011 2012 2013 2014






40



9



2



Points 2017 29 22966 11754 19082 24044 32699


17 14

5644

34 35 40

201729

22966

11754

19082

24044

327

0

50

100

150

200

250

300

350

2008 2009 2010 2011 2012 2013 2014


2014)


17 14

54

44

28 27222017

29

122811754

6455

11835

104

0

20

40

60

80

100

120

140

2008 2009 2010 2011 2012 2013 2014




2353

647

1176

4286

4286

714

714

1786

661

1071

536

3182

6136

682

12

21

1

31

6006

858

30

6215

255

0

20

40

60

80

100

2008 2009 2010 2011 2012 2013 2014


2008 - 2013


248

653

99

50

414

5234

106

712

152

3

381

542

77

1624

8279

079

6365

2732

896

4885

4841

092183

0

20

40

60

80

100

2008 2009 2010 2011 2012 2013 2014




9


0

5

10

15

20

25

30

2010 2011 2012 2013 2014

31

3

8

15

31

4

27

10

31

4

23

4







research 19723 23312 65630 17150





In total 89324 294030 643553 243364

0

5

10

15

20

25

30

35

2008 2009 2010 2011 2012 2013 2014

64

15 1513 13

15

52

14 15 15

31

27

2 2

9 810

26

16




10



Staff



the Centre Lawyer





market) and society












11




Nikolaj Ambrusevič

Prof Jelena Angelis

Prof Antanas Apynis


Dr Florian Berger






Petras Dubinskas


Dr Tadas Gudaitis

Prof Thomas Heimer

Žilvinas Jančoras



Andrius Juškys


Kaufmann

Greta Keliuotytė



Laužikas


Dr Daiva Lepaitė



Dr Goumlran Melin

Aistė Miliūtė



Dr Lina Novickytė


Rasa Paulienė






Dr Laima Urbšienė

Eigirdas Žemaitis

12





Networksldquo

May 2014





market








management

A Seminar




May 2014






IBS)












13







On 13 May 2014 a








14
















questions














15









(ICT4SMEs)












Duration



16






management









Results





performance factors



(Lithuania)








Results




Partners





Duration



17




















The project results




School 2013 ISSN 2335-2051 69 p














9963-711-27-7 P 867-887










18



The project team













The project results




P70-92















May 9-12 2013 113 psl



Duration



19












industries









The project results



2014 P 1-13













20












The project results











349




9786090210154



21





Results






centras 2012 ISSN 2029-7378 p 406-416




No 1 ISSN 1822ndash7996 P115-127







978-609-436-019-0 p65-82




ISSN 2029-7378 p 203-2015













Duration



22









The project team














23







enterprises






Food industry


Logistics

Medical Services


Chemical Industry

Vehicle repair





Project group



Daiva Mažeikaitė

Jūra Žilytė

Aušra Diliautaitė

Project duration









24


8 Publications

















ISBN 9786090210154






















25






9786094591822 P 232-283






9786098074161 P 113-127






















ataskaitapdf

















df

26



recognition















27



publications



2158-1479
























accession




54-72










28













2014 ISBN 978-609- 417-079-9 p18-22


































survey


29



















































30




2029-7017 2013 Vol 2(3) P 85-97












ISSN 2345-0282 P 80-91


































31







































2(7) ISSN 2029-5774 P110-119





32















































33




























T 4 Nr 1(6) ISSN 2029-5774 P55-67










126 ISSN 2029-5774










34




























analysis alone





2014 t 5 Nr 1 (8) P124ndash144 ISSN 2029-5774















35





2014 Nr 1 P 237-243









ISSN 1392-0758









222 ISSN 2029-9311

















1258 P 116-140







36












83 Bookstextbooks



- 643 p ISBN 9781466625242





















37














P31-38




6054303342












609-436-019-0 p65-82















38




16
















management


types of investors





P 2673-2678


























39













































40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























3


1 About VU IBS




pletros asociacija













4




Assocprof

ROLANDAS

STRAZDAS

International

Business

School at

Vilnius

University

(Lithuania)


ave 22 LT ndash

10225

Vilnius

Lithuania

Chairman of

the

Committee

Prof Dr hab

DOROTA

DOBIJA

Kozminski

University

(Poland)


ul

Jagiellońska

5759 03-301

Warsaw

Prof

HANS

RUEDIGER

KAUFMANN

University of

Nicosia Scool

of Business

(Cyprus)

International

Business

School at

Vilnius

University

(Lithuania)


Beach

Gardens II

House Nr 12

7560

Perivolia

Cyprus

Assocprof

EGIDIJUS

BIKAS

International

Business

School at

Vilnius

University


ave 22 LT ndash

10225

Vilnius

Lithuania

Dr

JELENA

ANGELIS

Technopolis

Group

(International)


groupcom

ANDRIUS

BAGDONAS

Sauletekio

Valley

(Lithuania)


ave 15 LT ndash

10224

Vilnius

Lithuania

Chairperson of

VU IBS

Student

Representation

Office

International

Business

School at

Vilnius

University

(Lithuania)


ave 22 LT ndash

10225

Vilnius

Lithuania

5


















ISSN 1392-1258 P117-128




ISSN 1877-0428 P870-876





28-36








papers Vol1 ISSN 2029-4441 P 511-517




ISSN 2029-4913 P 502-515

Cited by 3(ISI Web)









6





































100 ndash 109












7













ISSN 2029-4913 P 502-515

Cituoja 3(ISI Web)











ISSN 1648-0627 P 203-214














435


8



2008 2009 2010 2011 2012 2013 2014






40



9



2



Points 2017 29 22966 11754 19082 24044 32699


17 14

5644

34 35 40

201729

22966

11754

19082

24044

327

0

50

100

150

200

250

300

350

2008 2009 2010 2011 2012 2013 2014


2014)


17 14

54

44

28 27222017

29

122811754

6455

11835

104

0

20

40

60

80

100

120

140

2008 2009 2010 2011 2012 2013 2014




2353

647

1176

4286

4286

714

714

1786

661

1071

536

3182

6136

682

12

21

1

31

6006

858

30

6215

255

0

20

40

60

80

100

2008 2009 2010 2011 2012 2013 2014


2008 - 2013


248

653

99

50

414

5234

106

712

152

3

381

542

77

1624

8279

079

6365

2732

896

4885

4841

092183

0

20

40

60

80

100

2008 2009 2010 2011 2012 2013 2014




9


0

5

10

15

20

25

30

2010 2011 2012 2013 2014

31

3

8

15

31

4

27

10

31

4

23

4







research 19723 23312 65630 17150





In total 89324 294030 643553 243364

0

5

10

15

20

25

30

35

2008 2009 2010 2011 2012 2013 2014

64

15 1513 13

15

52

14 15 15

31

27

2 2

9 810

26

16




10



Staff



the Centre Lawyer





market) and society












11




Nikolaj Ambrusevič

Prof Jelena Angelis

Prof Antanas Apynis


Dr Florian Berger






Petras Dubinskas


Dr Tadas Gudaitis

Prof Thomas Heimer

Žilvinas Jančoras



Andrius Juškys


Kaufmann

Greta Keliuotytė



Laužikas


Dr Daiva Lepaitė



Dr Goumlran Melin

Aistė Miliūtė



Dr Lina Novickytė


Rasa Paulienė






Dr Laima Urbšienė

Eigirdas Žemaitis

12





Networksldquo

May 2014





market








management

A Seminar




May 2014






IBS)












13







On 13 May 2014 a








14
















questions














15









(ICT4SMEs)












Duration



16






management









Results





performance factors



(Lithuania)








Results




Partners





Duration



17




















The project results




School 2013 ISSN 2335-2051 69 p














9963-711-27-7 P 867-887










18



The project team













The project results




P70-92















May 9-12 2013 113 psl



Duration



19












industries









The project results



2014 P 1-13













20












The project results











349




9786090210154



21





Results






centras 2012 ISSN 2029-7378 p 406-416




No 1 ISSN 1822ndash7996 P115-127







978-609-436-019-0 p65-82




ISSN 2029-7378 p 203-2015













Duration



22









The project team














23







enterprises






Food industry


Logistics

Medical Services


Chemical Industry

Vehicle repair





Project group



Daiva Mažeikaitė

Jūra Žilytė

Aušra Diliautaitė

Project duration









24


8 Publications

















ISBN 9786090210154






















25






9786094591822 P 232-283






9786098074161 P 113-127






















ataskaitapdf

















df

26



recognition















27



publications



2158-1479
























accession




54-72










28













2014 ISBN 978-609- 417-079-9 p18-22


































survey


29



















































30




2029-7017 2013 Vol 2(3) P 85-97












ISSN 2345-0282 P 80-91


































31







































2(7) ISSN 2029-5774 P110-119





32















































33




























T 4 Nr 1(6) ISSN 2029-5774 P55-67










126 ISSN 2029-5774










34




























analysis alone





2014 t 5 Nr 1 (8) P124ndash144 ISSN 2029-5774















35





2014 Nr 1 P 237-243









ISSN 1392-0758









222 ISSN 2029-9311

















1258 P 116-140







36












83 Bookstextbooks



- 643 p ISBN 9781466625242





















37














P31-38




6054303342












609-436-019-0 p65-82















38




16
















management


types of investors





P 2673-2678


























39













































40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























4




Assocprof

ROLANDAS

STRAZDAS

International

Business

School at

Vilnius

University

(Lithuania)


ave 22 LT ndash

10225

Vilnius

Lithuania

Chairman of

the

Committee

Prof Dr hab

DOROTA

DOBIJA

Kozminski

University

(Poland)


ul

Jagiellońska

5759 03-301

Warsaw

Prof

HANS

RUEDIGER

KAUFMANN

University of

Nicosia Scool

of Business

(Cyprus)

International

Business

School at

Vilnius

University

(Lithuania)


Beach

Gardens II

House Nr 12

7560

Perivolia

Cyprus

Assocprof

EGIDIJUS

BIKAS

International

Business

School at

Vilnius

University


ave 22 LT ndash

10225

Vilnius

Lithuania

Dr

JELENA

ANGELIS

Technopolis

Group

(International)


groupcom

ANDRIUS

BAGDONAS

Sauletekio

Valley

(Lithuania)


ave 15 LT ndash

10224

Vilnius

Lithuania

Chairperson of

VU IBS

Student

Representation

Office

International

Business

School at

Vilnius

University

(Lithuania)


ave 22 LT ndash

10225

Vilnius

Lithuania

5


















ISSN 1392-1258 P117-128




ISSN 1877-0428 P870-876





28-36








papers Vol1 ISSN 2029-4441 P 511-517




ISSN 2029-4913 P 502-515

Cited by 3(ISI Web)









6





































100 ndash 109












7













ISSN 2029-4913 P 502-515

Cituoja 3(ISI Web)











ISSN 1648-0627 P 203-214














435


8



2008 2009 2010 2011 2012 2013 2014






40



9



2



Points 2017 29 22966 11754 19082 24044 32699


17 14

5644

34 35 40

201729

22966

11754

19082

24044

327

0

50

100

150

200

250

300

350

2008 2009 2010 2011 2012 2013 2014


2014)


17 14

54

44

28 27222017

29

122811754

6455

11835

104

0

20

40

60

80

100

120

140

2008 2009 2010 2011 2012 2013 2014




2353

647

1176

4286

4286

714

714

1786

661

1071

536

3182

6136

682

12

21

1

31

6006

858

30

6215

255

0

20

40

60

80

100

2008 2009 2010 2011 2012 2013 2014


2008 - 2013


248

653

99

50

414

5234

106

712

152

3

381

542

77

1624

8279

079

6365

2732

896

4885

4841

092183

0

20

40

60

80

100

2008 2009 2010 2011 2012 2013 2014




9


0

5

10

15

20

25

30

2010 2011 2012 2013 2014

31

3

8

15

31

4

27

10

31

4

23

4







research 19723 23312 65630 17150





In total 89324 294030 643553 243364

0

5

10

15

20

25

30

35

2008 2009 2010 2011 2012 2013 2014

64

15 1513 13

15

52

14 15 15

31

27

2 2

9 810

26

16




10



Staff



the Centre Lawyer





market) and society












11




Nikolaj Ambrusevič

Prof Jelena Angelis

Prof Antanas Apynis


Dr Florian Berger






Petras Dubinskas


Dr Tadas Gudaitis

Prof Thomas Heimer

Žilvinas Jančoras



Andrius Juškys


Kaufmann

Greta Keliuotytė



Laužikas


Dr Daiva Lepaitė



Dr Goumlran Melin

Aistė Miliūtė



Dr Lina Novickytė


Rasa Paulienė






Dr Laima Urbšienė

Eigirdas Žemaitis

12





Networksldquo

May 2014





market








management

A Seminar




May 2014






IBS)












13







On 13 May 2014 a








14
















questions














15









(ICT4SMEs)












Duration



16






management









Results





performance factors



(Lithuania)








Results




Partners





Duration



17




















The project results




School 2013 ISSN 2335-2051 69 p














9963-711-27-7 P 867-887










18



The project team













The project results




P70-92















May 9-12 2013 113 psl



Duration



19












industries









The project results



2014 P 1-13













20












The project results











349




9786090210154



21





Results






centras 2012 ISSN 2029-7378 p 406-416




No 1 ISSN 1822ndash7996 P115-127







978-609-436-019-0 p65-82




ISSN 2029-7378 p 203-2015













Duration



22









The project team














23







enterprises






Food industry


Logistics

Medical Services


Chemical Industry

Vehicle repair





Project group



Daiva Mažeikaitė

Jūra Žilytė

Aušra Diliautaitė

Project duration









24


8 Publications

















ISBN 9786090210154






















25






9786094591822 P 232-283






9786098074161 P 113-127






















ataskaitapdf

















df

26



recognition















27



publications



2158-1479
























accession




54-72










28













2014 ISBN 978-609- 417-079-9 p18-22


































survey


29



















































30




2029-7017 2013 Vol 2(3) P 85-97












ISSN 2345-0282 P 80-91


































31







































2(7) ISSN 2029-5774 P110-119





32















































33




























T 4 Nr 1(6) ISSN 2029-5774 P55-67










126 ISSN 2029-5774










34




























analysis alone





2014 t 5 Nr 1 (8) P124ndash144 ISSN 2029-5774















35





2014 Nr 1 P 237-243









ISSN 1392-0758









222 ISSN 2029-9311

















1258 P 116-140







36












83 Bookstextbooks



- 643 p ISBN 9781466625242





















37














P31-38




6054303342












609-436-019-0 p65-82















38




16
















management


types of investors





P 2673-2678


























39













































40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























5


















ISSN 1392-1258 P117-128




ISSN 1877-0428 P870-876





28-36








papers Vol1 ISSN 2029-4441 P 511-517




ISSN 2029-4913 P 502-515

Cited by 3(ISI Web)









6





































100 ndash 109












7













ISSN 2029-4913 P 502-515

Cituoja 3(ISI Web)











ISSN 1648-0627 P 203-214














435


8



2008 2009 2010 2011 2012 2013 2014






40



9



2



Points 2017 29 22966 11754 19082 24044 32699


17 14

5644

34 35 40

201729

22966

11754

19082

24044

327

0

50

100

150

200

250

300

350

2008 2009 2010 2011 2012 2013 2014


2014)


17 14

54

44

28 27222017

29

122811754

6455

11835

104

0

20

40

60

80

100

120

140

2008 2009 2010 2011 2012 2013 2014




2353

647

1176

4286

4286

714

714

1786

661

1071

536

3182

6136

682

12

21

1

31

6006

858

30

6215

255

0

20

40

60

80

100

2008 2009 2010 2011 2012 2013 2014


2008 - 2013


248

653

99

50

414

5234

106

712

152

3

381

542

77

1624

8279

079

6365

2732

896

4885

4841

092183

0

20

40

60

80

100

2008 2009 2010 2011 2012 2013 2014




9


0

5

10

15

20

25

30

2010 2011 2012 2013 2014

31

3

8

15

31

4

27

10

31

4

23

4







research 19723 23312 65630 17150





In total 89324 294030 643553 243364

0

5

10

15

20

25

30

35

2008 2009 2010 2011 2012 2013 2014

64

15 1513 13

15

52

14 15 15

31

27

2 2

9 810

26

16




10



Staff



the Centre Lawyer





market) and society












11




Nikolaj Ambrusevič

Prof Jelena Angelis

Prof Antanas Apynis


Dr Florian Berger






Petras Dubinskas


Dr Tadas Gudaitis

Prof Thomas Heimer

Žilvinas Jančoras



Andrius Juškys


Kaufmann

Greta Keliuotytė



Laužikas


Dr Daiva Lepaitė



Dr Goumlran Melin

Aistė Miliūtė



Dr Lina Novickytė


Rasa Paulienė






Dr Laima Urbšienė

Eigirdas Žemaitis

12





Networksldquo

May 2014





market








management

A Seminar




May 2014






IBS)












13







On 13 May 2014 a








14
















questions














15









(ICT4SMEs)












Duration



16






management









Results





performance factors



(Lithuania)








Results




Partners





Duration



17




















The project results




School 2013 ISSN 2335-2051 69 p














9963-711-27-7 P 867-887










18



The project team













The project results




P70-92















May 9-12 2013 113 psl



Duration



19












industries









The project results



2014 P 1-13













20












The project results











349




9786090210154



21





Results






centras 2012 ISSN 2029-7378 p 406-416




No 1 ISSN 1822ndash7996 P115-127







978-609-436-019-0 p65-82




ISSN 2029-7378 p 203-2015













Duration



22









The project team














23







enterprises






Food industry


Logistics

Medical Services


Chemical Industry

Vehicle repair





Project group



Daiva Mažeikaitė

Jūra Žilytė

Aušra Diliautaitė

Project duration









24


8 Publications

















ISBN 9786090210154






















25






9786094591822 P 232-283






9786098074161 P 113-127






















ataskaitapdf

















df

26



recognition















27



publications



2158-1479
























accession




54-72










28













2014 ISBN 978-609- 417-079-9 p18-22


































survey


29



















































30




2029-7017 2013 Vol 2(3) P 85-97












ISSN 2345-0282 P 80-91


































31







































2(7) ISSN 2029-5774 P110-119





32















































33




























T 4 Nr 1(6) ISSN 2029-5774 P55-67










126 ISSN 2029-5774










34




























analysis alone





2014 t 5 Nr 1 (8) P124ndash144 ISSN 2029-5774















35





2014 Nr 1 P 237-243









ISSN 1392-0758









222 ISSN 2029-9311

















1258 P 116-140







36












83 Bookstextbooks



- 643 p ISBN 9781466625242





















37














P31-38




6054303342












609-436-019-0 p65-82















38




16
















management


types of investors





P 2673-2678


























39













































40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























6





































100 ndash 109












7













ISSN 2029-4913 P 502-515

Cituoja 3(ISI Web)











ISSN 1648-0627 P 203-214














435


8



2008 2009 2010 2011 2012 2013 2014






40



9



2



Points 2017 29 22966 11754 19082 24044 32699


17 14

5644

34 35 40

201729

22966

11754

19082

24044

327

0

50

100

150

200

250

300

350

2008 2009 2010 2011 2012 2013 2014


2014)


17 14

54

44

28 27222017

29

122811754

6455

11835

104

0

20

40

60

80

100

120

140

2008 2009 2010 2011 2012 2013 2014




2353

647

1176

4286

4286

714

714

1786

661

1071

536

3182

6136

682

12

21

1

31

6006

858

30

6215

255

0

20

40

60

80

100

2008 2009 2010 2011 2012 2013 2014


2008 - 2013


248

653

99

50

414

5234

106

712

152

3

381

542

77

1624

8279

079

6365

2732

896

4885

4841

092183

0

20

40

60

80

100

2008 2009 2010 2011 2012 2013 2014




9


0

5

10

15

20

25

30

2010 2011 2012 2013 2014

31

3

8

15

31

4

27

10

31

4

23

4







research 19723 23312 65630 17150





In total 89324 294030 643553 243364

0

5

10

15

20

25

30

35

2008 2009 2010 2011 2012 2013 2014

64

15 1513 13

15

52

14 15 15

31

27

2 2

9 810

26

16




10



Staff



the Centre Lawyer





market) and society












11




Nikolaj Ambrusevič

Prof Jelena Angelis

Prof Antanas Apynis


Dr Florian Berger






Petras Dubinskas


Dr Tadas Gudaitis

Prof Thomas Heimer

Žilvinas Jančoras



Andrius Juškys


Kaufmann

Greta Keliuotytė



Laužikas


Dr Daiva Lepaitė



Dr Goumlran Melin

Aistė Miliūtė



Dr Lina Novickytė


Rasa Paulienė






Dr Laima Urbšienė

Eigirdas Žemaitis

12





Networksldquo

May 2014





market








management

A Seminar




May 2014






IBS)












13







On 13 May 2014 a








14
















questions














15









(ICT4SMEs)












Duration



16






management









Results





performance factors



(Lithuania)








Results




Partners





Duration



17




















The project results




School 2013 ISSN 2335-2051 69 p














9963-711-27-7 P 867-887










18



The project team













The project results




P70-92















May 9-12 2013 113 psl



Duration



19












industries









The project results



2014 P 1-13













20












The project results











349




9786090210154



21





Results






centras 2012 ISSN 2029-7378 p 406-416




No 1 ISSN 1822ndash7996 P115-127







978-609-436-019-0 p65-82




ISSN 2029-7378 p 203-2015













Duration



22









The project team














23







enterprises






Food industry


Logistics

Medical Services


Chemical Industry

Vehicle repair





Project group



Daiva Mažeikaitė

Jūra Žilytė

Aušra Diliautaitė

Project duration









24


8 Publications

















ISBN 9786090210154






















25






9786094591822 P 232-283






9786098074161 P 113-127






















ataskaitapdf

















df

26



recognition















27



publications



2158-1479
























accession




54-72










28













2014 ISBN 978-609- 417-079-9 p18-22


































survey


29



















































30




2029-7017 2013 Vol 2(3) P 85-97












ISSN 2345-0282 P 80-91


































31







































2(7) ISSN 2029-5774 P110-119





32















































33




























T 4 Nr 1(6) ISSN 2029-5774 P55-67










126 ISSN 2029-5774










34




























analysis alone





2014 t 5 Nr 1 (8) P124ndash144 ISSN 2029-5774















35





2014 Nr 1 P 237-243









ISSN 1392-0758









222 ISSN 2029-9311

















1258 P 116-140







36












83 Bookstextbooks



- 643 p ISBN 9781466625242





















37














P31-38




6054303342












609-436-019-0 p65-82















38




16
















management


types of investors





P 2673-2678


























39













































40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























7













ISSN 2029-4913 P 502-515

Cituoja 3(ISI Web)











ISSN 1648-0627 P 203-214














435


8



2008 2009 2010 2011 2012 2013 2014






40



9



2



Points 2017 29 22966 11754 19082 24044 32699


17 14

5644

34 35 40

201729

22966

11754

19082

24044

327

0

50

100

150

200

250

300

350

2008 2009 2010 2011 2012 2013 2014


2014)


17 14

54

44

28 27222017

29

122811754

6455

11835

104

0

20

40

60

80

100

120

140

2008 2009 2010 2011 2012 2013 2014




2353

647

1176

4286

4286

714

714

1786

661

1071

536

3182

6136

682

12

21

1

31

6006

858

30

6215

255

0

20

40

60

80

100

2008 2009 2010 2011 2012 2013 2014


2008 - 2013


248

653

99

50

414

5234

106

712

152

3

381

542

77

1624

8279

079

6365

2732

896

4885

4841

092183

0

20

40

60

80

100

2008 2009 2010 2011 2012 2013 2014




9


0

5

10

15

20

25

30

2010 2011 2012 2013 2014

31

3

8

15

31

4

27

10

31

4

23

4







research 19723 23312 65630 17150





In total 89324 294030 643553 243364

0

5

10

15

20

25

30

35

2008 2009 2010 2011 2012 2013 2014

64

15 1513 13

15

52

14 15 15

31

27

2 2

9 810

26

16




10



Staff



the Centre Lawyer





market) and society












11




Nikolaj Ambrusevič

Prof Jelena Angelis

Prof Antanas Apynis


Dr Florian Berger






Petras Dubinskas


Dr Tadas Gudaitis

Prof Thomas Heimer

Žilvinas Jančoras



Andrius Juškys


Kaufmann

Greta Keliuotytė



Laužikas


Dr Daiva Lepaitė



Dr Goumlran Melin

Aistė Miliūtė



Dr Lina Novickytė


Rasa Paulienė






Dr Laima Urbšienė

Eigirdas Žemaitis

12





Networksldquo

May 2014





market








management

A Seminar




May 2014






IBS)












13







On 13 May 2014 a








14
















questions














15









(ICT4SMEs)












Duration



16






management









Results





performance factors



(Lithuania)








Results




Partners





Duration



17




















The project results




School 2013 ISSN 2335-2051 69 p














9963-711-27-7 P 867-887










18



The project team













The project results




P70-92















May 9-12 2013 113 psl



Duration



19












industries









The project results



2014 P 1-13













20












The project results











349




9786090210154



21





Results






centras 2012 ISSN 2029-7378 p 406-416




No 1 ISSN 1822ndash7996 P115-127







978-609-436-019-0 p65-82




ISSN 2029-7378 p 203-2015













Duration



22









The project team














23







enterprises






Food industry


Logistics

Medical Services


Chemical Industry

Vehicle repair





Project group



Daiva Mažeikaitė

Jūra Žilytė

Aušra Diliautaitė

Project duration









24


8 Publications

















ISBN 9786090210154






















25






9786094591822 P 232-283






9786098074161 P 113-127






















ataskaitapdf

















df

26



recognition















27



publications



2158-1479
























accession




54-72










28













2014 ISBN 978-609- 417-079-9 p18-22


































survey


29



















































30




2029-7017 2013 Vol 2(3) P 85-97












ISSN 2345-0282 P 80-91


































31







































2(7) ISSN 2029-5774 P110-119





32















































33




























T 4 Nr 1(6) ISSN 2029-5774 P55-67










126 ISSN 2029-5774










34




























analysis alone





2014 t 5 Nr 1 (8) P124ndash144 ISSN 2029-5774















35





2014 Nr 1 P 237-243









ISSN 1392-0758









222 ISSN 2029-9311

















1258 P 116-140







36












83 Bookstextbooks



- 643 p ISBN 9781466625242





















37














P31-38




6054303342












609-436-019-0 p65-82















38




16
















management


types of investors





P 2673-2678


























39













































40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























8



2008 2009 2010 2011 2012 2013 2014






40



9



2



Points 2017 29 22966 11754 19082 24044 32699


17 14

5644

34 35 40

201729

22966

11754

19082

24044

327

0

50

100

150

200

250

300

350

2008 2009 2010 2011 2012 2013 2014


2014)


17 14

54

44

28 27222017

29

122811754

6455

11835

104

0

20

40

60

80

100

120

140

2008 2009 2010 2011 2012 2013 2014




2353

647

1176

4286

4286

714

714

1786

661

1071

536

3182

6136

682

12

21

1

31

6006

858

30

6215

255

0

20

40

60

80

100

2008 2009 2010 2011 2012 2013 2014


2008 - 2013


248

653

99

50

414

5234

106

712

152

3

381

542

77

1624

8279

079

6365

2732

896

4885

4841

092183

0

20

40

60

80

100

2008 2009 2010 2011 2012 2013 2014




9


0

5

10

15

20

25

30

2010 2011 2012 2013 2014

31

3

8

15

31

4

27

10

31

4

23

4







research 19723 23312 65630 17150





In total 89324 294030 643553 243364

0

5

10

15

20

25

30

35

2008 2009 2010 2011 2012 2013 2014

64

15 1513 13

15

52

14 15 15

31

27

2 2

9 810

26

16




10



Staff



the Centre Lawyer





market) and society












11




Nikolaj Ambrusevič

Prof Jelena Angelis

Prof Antanas Apynis


Dr Florian Berger






Petras Dubinskas


Dr Tadas Gudaitis

Prof Thomas Heimer

Žilvinas Jančoras



Andrius Juškys


Kaufmann

Greta Keliuotytė



Laužikas


Dr Daiva Lepaitė



Dr Goumlran Melin

Aistė Miliūtė



Dr Lina Novickytė


Rasa Paulienė






Dr Laima Urbšienė

Eigirdas Žemaitis

12





Networksldquo

May 2014





market








management

A Seminar




May 2014






IBS)












13







On 13 May 2014 a








14
















questions














15









(ICT4SMEs)












Duration



16






management









Results





performance factors



(Lithuania)








Results




Partners





Duration



17




















The project results




School 2013 ISSN 2335-2051 69 p














9963-711-27-7 P 867-887










18



The project team













The project results




P70-92















May 9-12 2013 113 psl



Duration



19












industries









The project results



2014 P 1-13













20












The project results











349




9786090210154



21





Results






centras 2012 ISSN 2029-7378 p 406-416




No 1 ISSN 1822ndash7996 P115-127







978-609-436-019-0 p65-82




ISSN 2029-7378 p 203-2015













Duration



22









The project team














23







enterprises






Food industry


Logistics

Medical Services


Chemical Industry

Vehicle repair





Project group



Daiva Mažeikaitė

Jūra Žilytė

Aušra Diliautaitė

Project duration









24


8 Publications

















ISBN 9786090210154






















25






9786094591822 P 232-283






9786098074161 P 113-127






















ataskaitapdf

















df

26



recognition















27



publications



2158-1479
























accession




54-72










28













2014 ISBN 978-609- 417-079-9 p18-22


































survey


29



















































30




2029-7017 2013 Vol 2(3) P 85-97












ISSN 2345-0282 P 80-91


































31







































2(7) ISSN 2029-5774 P110-119





32















































33




























T 4 Nr 1(6) ISSN 2029-5774 P55-67










126 ISSN 2029-5774










34




























analysis alone





2014 t 5 Nr 1 (8) P124ndash144 ISSN 2029-5774















35





2014 Nr 1 P 237-243









ISSN 1392-0758









222 ISSN 2029-9311

















1258 P 116-140







36












83 Bookstextbooks



- 643 p ISBN 9781466625242





















37














P31-38




6054303342












609-436-019-0 p65-82















38




16
















management


types of investors





P 2673-2678


























39













































40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























9


0

5

10

15

20

25

30

2010 2011 2012 2013 2014

31

3

8

15

31

4

27

10

31

4

23

4







research 19723 23312 65630 17150





In total 89324 294030 643553 243364

0

5

10

15

20

25

30

35

2008 2009 2010 2011 2012 2013 2014

64

15 1513 13

15

52

14 15 15

31

27

2 2

9 810

26

16




10



Staff



the Centre Lawyer





market) and society












11




Nikolaj Ambrusevič

Prof Jelena Angelis

Prof Antanas Apynis


Dr Florian Berger






Petras Dubinskas


Dr Tadas Gudaitis

Prof Thomas Heimer

Žilvinas Jančoras



Andrius Juškys


Kaufmann

Greta Keliuotytė



Laužikas


Dr Daiva Lepaitė



Dr Goumlran Melin

Aistė Miliūtė



Dr Lina Novickytė


Rasa Paulienė






Dr Laima Urbšienė

Eigirdas Žemaitis

12





Networksldquo

May 2014





market








management

A Seminar




May 2014






IBS)












13







On 13 May 2014 a








14
















questions














15









(ICT4SMEs)












Duration



16






management









Results





performance factors



(Lithuania)








Results




Partners





Duration



17




















The project results




School 2013 ISSN 2335-2051 69 p














9963-711-27-7 P 867-887










18



The project team













The project results




P70-92















May 9-12 2013 113 psl



Duration



19












industries









The project results



2014 P 1-13













20












The project results











349




9786090210154



21





Results






centras 2012 ISSN 2029-7378 p 406-416




No 1 ISSN 1822ndash7996 P115-127







978-609-436-019-0 p65-82




ISSN 2029-7378 p 203-2015













Duration



22









The project team














23







enterprises






Food industry


Logistics

Medical Services


Chemical Industry

Vehicle repair





Project group



Daiva Mažeikaitė

Jūra Žilytė

Aušra Diliautaitė

Project duration









24


8 Publications

















ISBN 9786090210154






















25






9786094591822 P 232-283






9786098074161 P 113-127






















ataskaitapdf

















df

26



recognition















27



publications



2158-1479
























accession




54-72










28













2014 ISBN 978-609- 417-079-9 p18-22


































survey


29



















































30




2029-7017 2013 Vol 2(3) P 85-97












ISSN 2345-0282 P 80-91


































31







































2(7) ISSN 2029-5774 P110-119





32















































33




























T 4 Nr 1(6) ISSN 2029-5774 P55-67










126 ISSN 2029-5774










34




























analysis alone





2014 t 5 Nr 1 (8) P124ndash144 ISSN 2029-5774















35





2014 Nr 1 P 237-243









ISSN 1392-0758









222 ISSN 2029-9311

















1258 P 116-140







36












83 Bookstextbooks



- 643 p ISBN 9781466625242





















37














P31-38




6054303342












609-436-019-0 p65-82















38




16
















management


types of investors





P 2673-2678


























39













































40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























10



Staff



the Centre Lawyer





market) and society












11




Nikolaj Ambrusevič

Prof Jelena Angelis

Prof Antanas Apynis


Dr Florian Berger






Petras Dubinskas


Dr Tadas Gudaitis

Prof Thomas Heimer

Žilvinas Jančoras



Andrius Juškys


Kaufmann

Greta Keliuotytė



Laužikas


Dr Daiva Lepaitė



Dr Goumlran Melin

Aistė Miliūtė



Dr Lina Novickytė


Rasa Paulienė






Dr Laima Urbšienė

Eigirdas Žemaitis

12





Networksldquo

May 2014





market








management

A Seminar




May 2014






IBS)












13







On 13 May 2014 a








14
















questions














15









(ICT4SMEs)












Duration



16






management









Results





performance factors



(Lithuania)








Results




Partners





Duration



17




















The project results




School 2013 ISSN 2335-2051 69 p














9963-711-27-7 P 867-887










18



The project team













The project results




P70-92















May 9-12 2013 113 psl



Duration



19












industries









The project results



2014 P 1-13













20












The project results











349




9786090210154



21





Results






centras 2012 ISSN 2029-7378 p 406-416




No 1 ISSN 1822ndash7996 P115-127







978-609-436-019-0 p65-82




ISSN 2029-7378 p 203-2015













Duration



22









The project team














23







enterprises






Food industry


Logistics

Medical Services


Chemical Industry

Vehicle repair





Project group



Daiva Mažeikaitė

Jūra Žilytė

Aušra Diliautaitė

Project duration









24


8 Publications

















ISBN 9786090210154






















25






9786094591822 P 232-283






9786098074161 P 113-127






















ataskaitapdf

















df

26



recognition















27



publications



2158-1479
























accession




54-72










28













2014 ISBN 978-609- 417-079-9 p18-22


































survey


29



















































30




2029-7017 2013 Vol 2(3) P 85-97












ISSN 2345-0282 P 80-91


































31







































2(7) ISSN 2029-5774 P110-119





32















































33




























T 4 Nr 1(6) ISSN 2029-5774 P55-67










126 ISSN 2029-5774










34




























analysis alone





2014 t 5 Nr 1 (8) P124ndash144 ISSN 2029-5774















35





2014 Nr 1 P 237-243









ISSN 1392-0758









222 ISSN 2029-9311

















1258 P 116-140







36












83 Bookstextbooks



- 643 p ISBN 9781466625242





















37














P31-38




6054303342












609-436-019-0 p65-82















38




16
















management


types of investors





P 2673-2678


























39













































40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























11




Nikolaj Ambrusevič

Prof Jelena Angelis

Prof Antanas Apynis


Dr Florian Berger






Petras Dubinskas


Dr Tadas Gudaitis

Prof Thomas Heimer

Žilvinas Jančoras



Andrius Juškys


Kaufmann

Greta Keliuotytė



Laužikas


Dr Daiva Lepaitė



Dr Goumlran Melin

Aistė Miliūtė



Dr Lina Novickytė


Rasa Paulienė






Dr Laima Urbšienė

Eigirdas Žemaitis

12





Networksldquo

May 2014





market








management

A Seminar




May 2014






IBS)












13







On 13 May 2014 a








14
















questions














15









(ICT4SMEs)












Duration



16






management









Results





performance factors



(Lithuania)








Results




Partners





Duration



17




















The project results




School 2013 ISSN 2335-2051 69 p














9963-711-27-7 P 867-887










18



The project team













The project results




P70-92















May 9-12 2013 113 psl



Duration



19












industries









The project results



2014 P 1-13













20












The project results











349




9786090210154



21





Results






centras 2012 ISSN 2029-7378 p 406-416




No 1 ISSN 1822ndash7996 P115-127







978-609-436-019-0 p65-82




ISSN 2029-7378 p 203-2015













Duration



22









The project team














23







enterprises






Food industry


Logistics

Medical Services


Chemical Industry

Vehicle repair





Project group



Daiva Mažeikaitė

Jūra Žilytė

Aušra Diliautaitė

Project duration









24


8 Publications

















ISBN 9786090210154






















25






9786094591822 P 232-283






9786098074161 P 113-127






















ataskaitapdf

















df

26



recognition















27



publications



2158-1479
























accession




54-72










28













2014 ISBN 978-609- 417-079-9 p18-22


































survey


29



















































30




2029-7017 2013 Vol 2(3) P 85-97












ISSN 2345-0282 P 80-91


































31







































2(7) ISSN 2029-5774 P110-119





32















































33




























T 4 Nr 1(6) ISSN 2029-5774 P55-67










126 ISSN 2029-5774










34




























analysis alone





2014 t 5 Nr 1 (8) P124ndash144 ISSN 2029-5774















35





2014 Nr 1 P 237-243









ISSN 1392-0758









222 ISSN 2029-9311

















1258 P 116-140







36












83 Bookstextbooks



- 643 p ISBN 9781466625242





















37














P31-38




6054303342












609-436-019-0 p65-82















38




16
















management


types of investors





P 2673-2678


























39













































40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























12





Networksldquo

May 2014





market








management

A Seminar




May 2014






IBS)












13







On 13 May 2014 a








14
















questions














15









(ICT4SMEs)












Duration



16






management









Results





performance factors



(Lithuania)








Results




Partners





Duration



17




















The project results




School 2013 ISSN 2335-2051 69 p














9963-711-27-7 P 867-887










18



The project team













The project results




P70-92















May 9-12 2013 113 psl



Duration



19












industries









The project results



2014 P 1-13













20












The project results











349




9786090210154



21





Results






centras 2012 ISSN 2029-7378 p 406-416




No 1 ISSN 1822ndash7996 P115-127







978-609-436-019-0 p65-82




ISSN 2029-7378 p 203-2015













Duration



22









The project team














23







enterprises






Food industry


Logistics

Medical Services


Chemical Industry

Vehicle repair





Project group



Daiva Mažeikaitė

Jūra Žilytė

Aušra Diliautaitė

Project duration









24


8 Publications

















ISBN 9786090210154






















25






9786094591822 P 232-283






9786098074161 P 113-127






















ataskaitapdf

















df

26



recognition















27



publications



2158-1479
























accession




54-72










28













2014 ISBN 978-609- 417-079-9 p18-22


































survey


29



















































30




2029-7017 2013 Vol 2(3) P 85-97












ISSN 2345-0282 P 80-91


































31







































2(7) ISSN 2029-5774 P110-119





32















































33




























T 4 Nr 1(6) ISSN 2029-5774 P55-67










126 ISSN 2029-5774










34




























analysis alone





2014 t 5 Nr 1 (8) P124ndash144 ISSN 2029-5774















35





2014 Nr 1 P 237-243









ISSN 1392-0758









222 ISSN 2029-9311

















1258 P 116-140







36












83 Bookstextbooks



- 643 p ISBN 9781466625242





















37














P31-38




6054303342












609-436-019-0 p65-82















38




16
















management


types of investors





P 2673-2678


























39













































40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























13







On 13 May 2014 a








14
















questions














15









(ICT4SMEs)












Duration



16






management









Results





performance factors



(Lithuania)








Results




Partners





Duration



17




















The project results




School 2013 ISSN 2335-2051 69 p














9963-711-27-7 P 867-887










18



The project team













The project results




P70-92















May 9-12 2013 113 psl



Duration



19












industries









The project results



2014 P 1-13













20












The project results











349




9786090210154



21





Results






centras 2012 ISSN 2029-7378 p 406-416




No 1 ISSN 1822ndash7996 P115-127







978-609-436-019-0 p65-82




ISSN 2029-7378 p 203-2015













Duration



22









The project team














23







enterprises






Food industry


Logistics

Medical Services


Chemical Industry

Vehicle repair





Project group



Daiva Mažeikaitė

Jūra Žilytė

Aušra Diliautaitė

Project duration









24


8 Publications

















ISBN 9786090210154






















25






9786094591822 P 232-283






9786098074161 P 113-127






















ataskaitapdf

















df

26



recognition















27



publications



2158-1479
























accession




54-72










28













2014 ISBN 978-609- 417-079-9 p18-22


































survey


29



















































30




2029-7017 2013 Vol 2(3) P 85-97












ISSN 2345-0282 P 80-91


































31







































2(7) ISSN 2029-5774 P110-119





32















































33




























T 4 Nr 1(6) ISSN 2029-5774 P55-67










126 ISSN 2029-5774










34




























analysis alone





2014 t 5 Nr 1 (8) P124ndash144 ISSN 2029-5774















35





2014 Nr 1 P 237-243









ISSN 1392-0758









222 ISSN 2029-9311

















1258 P 116-140







36












83 Bookstextbooks



- 643 p ISBN 9781466625242





















37














P31-38




6054303342












609-436-019-0 p65-82















38




16
















management


types of investors





P 2673-2678


























39













































40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























14
















questions














15









(ICT4SMEs)












Duration



16






management









Results





performance factors



(Lithuania)








Results




Partners





Duration



17




















The project results




School 2013 ISSN 2335-2051 69 p














9963-711-27-7 P 867-887










18



The project team













The project results




P70-92















May 9-12 2013 113 psl



Duration



19












industries









The project results



2014 P 1-13













20












The project results











349




9786090210154



21





Results






centras 2012 ISSN 2029-7378 p 406-416




No 1 ISSN 1822ndash7996 P115-127







978-609-436-019-0 p65-82




ISSN 2029-7378 p 203-2015













Duration



22









The project team














23







enterprises






Food industry


Logistics

Medical Services


Chemical Industry

Vehicle repair





Project group



Daiva Mažeikaitė

Jūra Žilytė

Aušra Diliautaitė

Project duration









24


8 Publications

















ISBN 9786090210154






















25






9786094591822 P 232-283






9786098074161 P 113-127






















ataskaitapdf

















df

26



recognition















27



publications



2158-1479
























accession




54-72










28













2014 ISBN 978-609- 417-079-9 p18-22


































survey


29



















































30




2029-7017 2013 Vol 2(3) P 85-97












ISSN 2345-0282 P 80-91


































31







































2(7) ISSN 2029-5774 P110-119





32















































33




























T 4 Nr 1(6) ISSN 2029-5774 P55-67










126 ISSN 2029-5774










34




























analysis alone





2014 t 5 Nr 1 (8) P124ndash144 ISSN 2029-5774















35





2014 Nr 1 P 237-243









ISSN 1392-0758









222 ISSN 2029-9311

















1258 P 116-140







36












83 Bookstextbooks



- 643 p ISBN 9781466625242





















37














P31-38




6054303342












609-436-019-0 p65-82















38




16
















management


types of investors





P 2673-2678


























39













































40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























15









(ICT4SMEs)












Duration



16






management









Results





performance factors



(Lithuania)








Results




Partners





Duration



17




















The project results




School 2013 ISSN 2335-2051 69 p














9963-711-27-7 P 867-887










18



The project team













The project results




P70-92















May 9-12 2013 113 psl



Duration



19












industries









The project results



2014 P 1-13













20












The project results











349




9786090210154



21





Results






centras 2012 ISSN 2029-7378 p 406-416




No 1 ISSN 1822ndash7996 P115-127







978-609-436-019-0 p65-82




ISSN 2029-7378 p 203-2015













Duration



22









The project team














23







enterprises






Food industry


Logistics

Medical Services


Chemical Industry

Vehicle repair





Project group



Daiva Mažeikaitė

Jūra Žilytė

Aušra Diliautaitė

Project duration









24


8 Publications

















ISBN 9786090210154






















25






9786094591822 P 232-283






9786098074161 P 113-127






















ataskaitapdf

















df

26



recognition















27



publications



2158-1479
























accession




54-72










28













2014 ISBN 978-609- 417-079-9 p18-22


































survey


29



















































30




2029-7017 2013 Vol 2(3) P 85-97












ISSN 2345-0282 P 80-91


































31







































2(7) ISSN 2029-5774 P110-119





32















































33




























T 4 Nr 1(6) ISSN 2029-5774 P55-67










126 ISSN 2029-5774










34




























analysis alone





2014 t 5 Nr 1 (8) P124ndash144 ISSN 2029-5774















35





2014 Nr 1 P 237-243









ISSN 1392-0758









222 ISSN 2029-9311

















1258 P 116-140







36












83 Bookstextbooks



- 643 p ISBN 9781466625242





















37














P31-38




6054303342












609-436-019-0 p65-82















38




16
















management


types of investors





P 2673-2678


























39













































40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























16






management









Results





performance factors



(Lithuania)








Results




Partners





Duration



17




















The project results




School 2013 ISSN 2335-2051 69 p














9963-711-27-7 P 867-887










18



The project team













The project results




P70-92















May 9-12 2013 113 psl



Duration



19












industries









The project results



2014 P 1-13













20












The project results











349




9786090210154



21





Results






centras 2012 ISSN 2029-7378 p 406-416




No 1 ISSN 1822ndash7996 P115-127







978-609-436-019-0 p65-82




ISSN 2029-7378 p 203-2015













Duration



22









The project team














23







enterprises






Food industry


Logistics

Medical Services


Chemical Industry

Vehicle repair





Project group



Daiva Mažeikaitė

Jūra Žilytė

Aušra Diliautaitė

Project duration









24


8 Publications

















ISBN 9786090210154






















25






9786094591822 P 232-283






9786098074161 P 113-127






















ataskaitapdf

















df

26



recognition















27



publications



2158-1479
























accession




54-72










28













2014 ISBN 978-609- 417-079-9 p18-22


































survey


29



















































30




2029-7017 2013 Vol 2(3) P 85-97












ISSN 2345-0282 P 80-91


































31







































2(7) ISSN 2029-5774 P110-119





32















































33




























T 4 Nr 1(6) ISSN 2029-5774 P55-67










126 ISSN 2029-5774










34




























analysis alone





2014 t 5 Nr 1 (8) P124ndash144 ISSN 2029-5774















35





2014 Nr 1 P 237-243









ISSN 1392-0758









222 ISSN 2029-9311

















1258 P 116-140







36












83 Bookstextbooks



- 643 p ISBN 9781466625242





















37














P31-38




6054303342












609-436-019-0 p65-82















38




16
















management


types of investors





P 2673-2678


























39













































40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























17




















The project results




School 2013 ISSN 2335-2051 69 p














9963-711-27-7 P 867-887










18



The project team













The project results




P70-92















May 9-12 2013 113 psl



Duration



19












industries









The project results



2014 P 1-13













20












The project results











349




9786090210154



21





Results






centras 2012 ISSN 2029-7378 p 406-416




No 1 ISSN 1822ndash7996 P115-127







978-609-436-019-0 p65-82




ISSN 2029-7378 p 203-2015













Duration



22









The project team














23







enterprises






Food industry


Logistics

Medical Services


Chemical Industry

Vehicle repair





Project group



Daiva Mažeikaitė

Jūra Žilytė

Aušra Diliautaitė

Project duration









24


8 Publications

















ISBN 9786090210154






















25






9786094591822 P 232-283






9786098074161 P 113-127






















ataskaitapdf

















df

26



recognition















27



publications



2158-1479
























accession




54-72










28













2014 ISBN 978-609- 417-079-9 p18-22


































survey


29



















































30




2029-7017 2013 Vol 2(3) P 85-97












ISSN 2345-0282 P 80-91


































31







































2(7) ISSN 2029-5774 P110-119





32















































33




























T 4 Nr 1(6) ISSN 2029-5774 P55-67










126 ISSN 2029-5774










34




























analysis alone





2014 t 5 Nr 1 (8) P124ndash144 ISSN 2029-5774















35





2014 Nr 1 P 237-243









ISSN 1392-0758









222 ISSN 2029-9311

















1258 P 116-140







36












83 Bookstextbooks



- 643 p ISBN 9781466625242





















37














P31-38




6054303342












609-436-019-0 p65-82















38




16
















management


types of investors





P 2673-2678


























39













































40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























18



The project team













The project results




P70-92















May 9-12 2013 113 psl



Duration



19












industries









The project results



2014 P 1-13













20












The project results











349




9786090210154



21





Results






centras 2012 ISSN 2029-7378 p 406-416




No 1 ISSN 1822ndash7996 P115-127







978-609-436-019-0 p65-82




ISSN 2029-7378 p 203-2015













Duration



22









The project team














23







enterprises






Food industry


Logistics

Medical Services


Chemical Industry

Vehicle repair





Project group



Daiva Mažeikaitė

Jūra Žilytė

Aušra Diliautaitė

Project duration









24


8 Publications

















ISBN 9786090210154






















25






9786094591822 P 232-283






9786098074161 P 113-127






















ataskaitapdf

















df

26



recognition















27



publications



2158-1479
























accession




54-72










28













2014 ISBN 978-609- 417-079-9 p18-22


































survey


29



















































30




2029-7017 2013 Vol 2(3) P 85-97












ISSN 2345-0282 P 80-91


































31







































2(7) ISSN 2029-5774 P110-119





32















































33




























T 4 Nr 1(6) ISSN 2029-5774 P55-67










126 ISSN 2029-5774










34




























analysis alone





2014 t 5 Nr 1 (8) P124ndash144 ISSN 2029-5774















35





2014 Nr 1 P 237-243









ISSN 1392-0758









222 ISSN 2029-9311

















1258 P 116-140







36












83 Bookstextbooks



- 643 p ISBN 9781466625242





















37














P31-38




6054303342












609-436-019-0 p65-82















38




16
















management


types of investors





P 2673-2678


























39













































40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























19












industries









The project results



2014 P 1-13













20












The project results











349




9786090210154



21





Results






centras 2012 ISSN 2029-7378 p 406-416




No 1 ISSN 1822ndash7996 P115-127







978-609-436-019-0 p65-82




ISSN 2029-7378 p 203-2015













Duration



22









The project team














23







enterprises






Food industry


Logistics

Medical Services


Chemical Industry

Vehicle repair





Project group



Daiva Mažeikaitė

Jūra Žilytė

Aušra Diliautaitė

Project duration









24


8 Publications

















ISBN 9786090210154






















25






9786094591822 P 232-283






9786098074161 P 113-127






















ataskaitapdf

















df

26



recognition















27



publications



2158-1479
























accession




54-72










28













2014 ISBN 978-609- 417-079-9 p18-22


































survey


29



















































30




2029-7017 2013 Vol 2(3) P 85-97












ISSN 2345-0282 P 80-91


































31







































2(7) ISSN 2029-5774 P110-119





32















































33




























T 4 Nr 1(6) ISSN 2029-5774 P55-67










126 ISSN 2029-5774










34




























analysis alone





2014 t 5 Nr 1 (8) P124ndash144 ISSN 2029-5774















35





2014 Nr 1 P 237-243









ISSN 1392-0758









222 ISSN 2029-9311

















1258 P 116-140







36












83 Bookstextbooks



- 643 p ISBN 9781466625242





















37














P31-38




6054303342












609-436-019-0 p65-82















38




16
















management


types of investors





P 2673-2678


























39













































40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























20












The project results











349




9786090210154



21





Results






centras 2012 ISSN 2029-7378 p 406-416




No 1 ISSN 1822ndash7996 P115-127







978-609-436-019-0 p65-82




ISSN 2029-7378 p 203-2015













Duration



22









The project team














23







enterprises






Food industry


Logistics

Medical Services


Chemical Industry

Vehicle repair





Project group



Daiva Mažeikaitė

Jūra Žilytė

Aušra Diliautaitė

Project duration









24


8 Publications

















ISBN 9786090210154






















25






9786094591822 P 232-283






9786098074161 P 113-127






















ataskaitapdf

















df

26



recognition















27



publications



2158-1479
























accession




54-72










28













2014 ISBN 978-609- 417-079-9 p18-22


































survey


29



















































30




2029-7017 2013 Vol 2(3) P 85-97












ISSN 2345-0282 P 80-91


































31







































2(7) ISSN 2029-5774 P110-119





32















































33




























T 4 Nr 1(6) ISSN 2029-5774 P55-67










126 ISSN 2029-5774










34




























analysis alone





2014 t 5 Nr 1 (8) P124ndash144 ISSN 2029-5774















35





2014 Nr 1 P 237-243









ISSN 1392-0758









222 ISSN 2029-9311

















1258 P 116-140







36












83 Bookstextbooks



- 643 p ISBN 9781466625242





















37














P31-38




6054303342












609-436-019-0 p65-82















38




16
















management


types of investors





P 2673-2678


























39













































40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























21





Results






centras 2012 ISSN 2029-7378 p 406-416




No 1 ISSN 1822ndash7996 P115-127







978-609-436-019-0 p65-82




ISSN 2029-7378 p 203-2015













Duration



22









The project team














23







enterprises






Food industry


Logistics

Medical Services


Chemical Industry

Vehicle repair





Project group



Daiva Mažeikaitė

Jūra Žilytė

Aušra Diliautaitė

Project duration









24


8 Publications

















ISBN 9786090210154






















25






9786094591822 P 232-283






9786098074161 P 113-127






















ataskaitapdf

















df

26



recognition















27



publications



2158-1479
























accession




54-72










28













2014 ISBN 978-609- 417-079-9 p18-22


































survey


29



















































30




2029-7017 2013 Vol 2(3) P 85-97












ISSN 2345-0282 P 80-91


































31







































2(7) ISSN 2029-5774 P110-119





32















































33




























T 4 Nr 1(6) ISSN 2029-5774 P55-67










126 ISSN 2029-5774










34




























analysis alone





2014 t 5 Nr 1 (8) P124ndash144 ISSN 2029-5774















35





2014 Nr 1 P 237-243









ISSN 1392-0758









222 ISSN 2029-9311

















1258 P 116-140







36












83 Bookstextbooks



- 643 p ISBN 9781466625242





















37














P31-38




6054303342












609-436-019-0 p65-82















38




16
















management


types of investors





P 2673-2678


























39













































40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























22









The project team














23







enterprises






Food industry


Logistics

Medical Services


Chemical Industry

Vehicle repair





Project group



Daiva Mažeikaitė

Jūra Žilytė

Aušra Diliautaitė

Project duration









24


8 Publications

















ISBN 9786090210154






















25






9786094591822 P 232-283






9786098074161 P 113-127






















ataskaitapdf

















df

26



recognition















27



publications



2158-1479
























accession




54-72










28













2014 ISBN 978-609- 417-079-9 p18-22


































survey


29



















































30




2029-7017 2013 Vol 2(3) P 85-97












ISSN 2345-0282 P 80-91


































31







































2(7) ISSN 2029-5774 P110-119





32















































33




























T 4 Nr 1(6) ISSN 2029-5774 P55-67










126 ISSN 2029-5774










34




























analysis alone





2014 t 5 Nr 1 (8) P124ndash144 ISSN 2029-5774















35





2014 Nr 1 P 237-243









ISSN 1392-0758









222 ISSN 2029-9311

















1258 P 116-140







36












83 Bookstextbooks



- 643 p ISBN 9781466625242





















37














P31-38




6054303342












609-436-019-0 p65-82















38




16
















management


types of investors





P 2673-2678


























39













































40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























23







enterprises






Food industry


Logistics

Medical Services


Chemical Industry

Vehicle repair





Project group



Daiva Mažeikaitė

Jūra Žilytė

Aušra Diliautaitė

Project duration









24


8 Publications

















ISBN 9786090210154






















25






9786094591822 P 232-283






9786098074161 P 113-127






















ataskaitapdf

















df

26



recognition















27



publications



2158-1479
























accession




54-72










28













2014 ISBN 978-609- 417-079-9 p18-22


































survey


29



















































30




2029-7017 2013 Vol 2(3) P 85-97












ISSN 2345-0282 P 80-91


































31







































2(7) ISSN 2029-5774 P110-119





32















































33




























T 4 Nr 1(6) ISSN 2029-5774 P55-67










126 ISSN 2029-5774










34




























analysis alone





2014 t 5 Nr 1 (8) P124ndash144 ISSN 2029-5774















35





2014 Nr 1 P 237-243









ISSN 1392-0758









222 ISSN 2029-9311

















1258 P 116-140







36












83 Bookstextbooks



- 643 p ISBN 9781466625242





















37














P31-38




6054303342












609-436-019-0 p65-82















38




16
















management


types of investors





P 2673-2678


























39













































40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























24


8 Publications

















ISBN 9786090210154






















25






9786094591822 P 232-283






9786098074161 P 113-127






















ataskaitapdf

















df

26



recognition















27



publications



2158-1479
























accession




54-72










28













2014 ISBN 978-609- 417-079-9 p18-22


































survey


29



















































30




2029-7017 2013 Vol 2(3) P 85-97












ISSN 2345-0282 P 80-91


































31







































2(7) ISSN 2029-5774 P110-119





32















































33




























T 4 Nr 1(6) ISSN 2029-5774 P55-67










126 ISSN 2029-5774










34




























analysis alone





2014 t 5 Nr 1 (8) P124ndash144 ISSN 2029-5774















35





2014 Nr 1 P 237-243









ISSN 1392-0758









222 ISSN 2029-9311

















1258 P 116-140







36












83 Bookstextbooks



- 643 p ISBN 9781466625242





















37














P31-38




6054303342












609-436-019-0 p65-82















38




16
















management


types of investors





P 2673-2678


























39













































40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























25






9786094591822 P 232-283






9786098074161 P 113-127






















ataskaitapdf

















df

26



recognition















27



publications



2158-1479
























accession




54-72










28













2014 ISBN 978-609- 417-079-9 p18-22


































survey


29



















































30




2029-7017 2013 Vol 2(3) P 85-97












ISSN 2345-0282 P 80-91


































31







































2(7) ISSN 2029-5774 P110-119





32















































33




























T 4 Nr 1(6) ISSN 2029-5774 P55-67










126 ISSN 2029-5774










34




























analysis alone





2014 t 5 Nr 1 (8) P124ndash144 ISSN 2029-5774















35





2014 Nr 1 P 237-243









ISSN 1392-0758









222 ISSN 2029-9311

















1258 P 116-140







36












83 Bookstextbooks



- 643 p ISBN 9781466625242





















37














P31-38




6054303342












609-436-019-0 p65-82















38




16
















management


types of investors





P 2673-2678


























39













































40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























26



recognition















27



publications



2158-1479
























accession




54-72










28













2014 ISBN 978-609- 417-079-9 p18-22


































survey


29



















































30




2029-7017 2013 Vol 2(3) P 85-97












ISSN 2345-0282 P 80-91


































31







































2(7) ISSN 2029-5774 P110-119





32















































33




























T 4 Nr 1(6) ISSN 2029-5774 P55-67










126 ISSN 2029-5774










34




























analysis alone





2014 t 5 Nr 1 (8) P124ndash144 ISSN 2029-5774















35





2014 Nr 1 P 237-243









ISSN 1392-0758









222 ISSN 2029-9311

















1258 P 116-140







36












83 Bookstextbooks



- 643 p ISBN 9781466625242





















37














P31-38




6054303342












609-436-019-0 p65-82















38




16
















management


types of investors





P 2673-2678


























39













































40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























27



publications



2158-1479
























accession




54-72










28













2014 ISBN 978-609- 417-079-9 p18-22


































survey


29



















































30




2029-7017 2013 Vol 2(3) P 85-97












ISSN 2345-0282 P 80-91


































31







































2(7) ISSN 2029-5774 P110-119





32















































33




























T 4 Nr 1(6) ISSN 2029-5774 P55-67










126 ISSN 2029-5774










34




























analysis alone





2014 t 5 Nr 1 (8) P124ndash144 ISSN 2029-5774















35





2014 Nr 1 P 237-243









ISSN 1392-0758









222 ISSN 2029-9311

















1258 P 116-140







36












83 Bookstextbooks



- 643 p ISBN 9781466625242





















37














P31-38




6054303342












609-436-019-0 p65-82















38




16
















management


types of investors





P 2673-2678


























39













































40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























28













2014 ISBN 978-609- 417-079-9 p18-22


































survey


29



















































30




2029-7017 2013 Vol 2(3) P 85-97












ISSN 2345-0282 P 80-91


































31







































2(7) ISSN 2029-5774 P110-119





32















































33




























T 4 Nr 1(6) ISSN 2029-5774 P55-67










126 ISSN 2029-5774










34




























analysis alone





2014 t 5 Nr 1 (8) P124ndash144 ISSN 2029-5774















35





2014 Nr 1 P 237-243









ISSN 1392-0758









222 ISSN 2029-9311

















1258 P 116-140







36












83 Bookstextbooks



- 643 p ISBN 9781466625242





















37














P31-38




6054303342












609-436-019-0 p65-82















38




16
















management


types of investors





P 2673-2678


























39













































40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























29



















































30




2029-7017 2013 Vol 2(3) P 85-97












ISSN 2345-0282 P 80-91


































31







































2(7) ISSN 2029-5774 P110-119





32















































33




























T 4 Nr 1(6) ISSN 2029-5774 P55-67










126 ISSN 2029-5774










34




























analysis alone





2014 t 5 Nr 1 (8) P124ndash144 ISSN 2029-5774















35





2014 Nr 1 P 237-243









ISSN 1392-0758









222 ISSN 2029-9311

















1258 P 116-140







36












83 Bookstextbooks



- 643 p ISBN 9781466625242





















37














P31-38




6054303342












609-436-019-0 p65-82















38




16
















management


types of investors





P 2673-2678


























39













































40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























30




2029-7017 2013 Vol 2(3) P 85-97












ISSN 2345-0282 P 80-91


































31







































2(7) ISSN 2029-5774 P110-119





32















































33




























T 4 Nr 1(6) ISSN 2029-5774 P55-67










126 ISSN 2029-5774










34




























analysis alone





2014 t 5 Nr 1 (8) P124ndash144 ISSN 2029-5774















35





2014 Nr 1 P 237-243









ISSN 1392-0758









222 ISSN 2029-9311

















1258 P 116-140







36












83 Bookstextbooks



- 643 p ISBN 9781466625242





















37














P31-38




6054303342












609-436-019-0 p65-82















38




16
















management


types of investors





P 2673-2678


























39













































40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























31







































2(7) ISSN 2029-5774 P110-119





32















































33




























T 4 Nr 1(6) ISSN 2029-5774 P55-67










126 ISSN 2029-5774










34




























analysis alone





2014 t 5 Nr 1 (8) P124ndash144 ISSN 2029-5774















35





2014 Nr 1 P 237-243









ISSN 1392-0758









222 ISSN 2029-9311

















1258 P 116-140







36












83 Bookstextbooks



- 643 p ISBN 9781466625242





















37














P31-38




6054303342












609-436-019-0 p65-82















38




16
















management


types of investors





P 2673-2678


























39













































40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























32















































33




























T 4 Nr 1(6) ISSN 2029-5774 P55-67










126 ISSN 2029-5774










34




























analysis alone





2014 t 5 Nr 1 (8) P124ndash144 ISSN 2029-5774















35





2014 Nr 1 P 237-243









ISSN 1392-0758









222 ISSN 2029-9311

















1258 P 116-140







36












83 Bookstextbooks



- 643 p ISBN 9781466625242





















37














P31-38




6054303342












609-436-019-0 p65-82















38




16
















management


types of investors





P 2673-2678


























39













































40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























33




























T 4 Nr 1(6) ISSN 2029-5774 P55-67










126 ISSN 2029-5774










34




























analysis alone





2014 t 5 Nr 1 (8) P124ndash144 ISSN 2029-5774















35





2014 Nr 1 P 237-243









ISSN 1392-0758









222 ISSN 2029-9311

















1258 P 116-140







36












83 Bookstextbooks



- 643 p ISBN 9781466625242





















37














P31-38




6054303342












609-436-019-0 p65-82















38




16
















management


types of investors





P 2673-2678


























39













































40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























34




























analysis alone





2014 t 5 Nr 1 (8) P124ndash144 ISSN 2029-5774















35





2014 Nr 1 P 237-243









ISSN 1392-0758









222 ISSN 2029-9311

















1258 P 116-140







36












83 Bookstextbooks



- 643 p ISBN 9781466625242





















37














P31-38




6054303342












609-436-019-0 p65-82















38




16
















management


types of investors





P 2673-2678


























39













































40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























35





2014 Nr 1 P 237-243









ISSN 1392-0758









222 ISSN 2029-9311

















1258 P 116-140







36












83 Bookstextbooks



- 643 p ISBN 9781466625242





















37














P31-38




6054303342












609-436-019-0 p65-82















38




16
















management


types of investors





P 2673-2678


























39













































40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























36












83 Bookstextbooks



- 643 p ISBN 9781466625242





















37














P31-38




6054303342












609-436-019-0 p65-82















38




16
















management


types of investors





P 2673-2678


























39













































40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























37














P31-38




6054303342












609-436-019-0 p65-82















38




16
















management


types of investors





P 2673-2678


























39













































40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























38




16
















management


types of investors





P 2673-2678


























39













































40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























39













































40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























40








































market entry


41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























41





711-16-1 P 2237-2252









































42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























42










04-23




2013 No 1(116)

2013 No 2 (117) ndash Part 2












(2013 No 6 (328)]












43


























43


























2013-2014 report 2013-2014.pdfanja schuster, [vaiginiene, erika], fabian jintae froese, hanoku...

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