GIEDRAITIS, VINCENTAS ROLANDAS; RASTENIENE, AUSRA; … - In: Perspectives of Innovation in Economics and Business (PIEB) 9 (2011) 3, pp. 5-11
This paper explores similarities and differences between the biotechnology sectors of Lithuania and India. In both cases, the biotechnology sectors are major motors of economic growth. In the case of Lithuania, we borrow from Schumpeter’s ideas of innovation and Porter’s business cluster...