Recent years globalization processes, growing competition and pressure in the market rise new challenges for managers and enterprises. New strategies, valued decisions, new ways of thinking are implied in business. But there are some traditional viewpoints to business which creates added value. One of them is entrepreneurship. The phenomenon is known from the times than business was not so much researched as now is. The value and meaning of this phenomenon is important and even growing. Entrepreneurship can be described by the features of its expression. These features in the article are crystallized from theoretical research works on entrepreneurship and the whole of them reflects the modern concept of entrepreneurship in an enterprise nowadays. Development of features of entrepreneurship's expression strongly depends on the economic and society transformations. The features encounter economic, managerial, social cohesion and technological activities in the enterprise. As the theoretical analysis allowed to identify and to ground the features of entrepreneurship's expression in an enterprise, an empirical analysis of the development of features is important and useful in practice. Entrepreneurship is tightly connected with small and medium-sized enterprises (SMEs). Expression of entrepreneurship is more intensive in SMEs. Important support for SMEs is structural funding from the European Union (EU). Financial support goes under appropriate priorities, there is often declared that innovative entrepreneurial SMEs have to be supported in the documents. So, possible expression of entrepreneurship and its features is researched in this article in this kind of projects supported by the European Commission (EC) as to clarify how the concept of entrepreneurship is understood by the experts valuating projects and giving funding for the SMEs. The other part of empirical research is based on the Lithuanian enterprises, treated as innovative. Such environment as a science park could give the appropriate conditions to the enterprises for implying and developing entrepreneurship. So, interviewing enterprises of Kaunas University of Technology (KTU) Regional Science Park might disclose the view of business practitioners to the expression of entrepreneurship. They could value the features of entrepreneurship's expression from innovative SMEs attitude. Empirical research methods: content analysis of SMEs supporting projects; interview of experts (managerial staff) of enterprises of KTU Regional Science Park. The research results conclude that development of the features of entrepreneurship's expression depends on economic transformations, also is related with new innovation, technologies, and knowledge used. The pressure of competitors makes impact on activity directly. The society pressure raises conditions for social features' development. The consolidated features of entrepreneurship's expression are meaningful and important as well as newly developed features.
Baltic countries are faced with a variety of challenges, determined by globalization, economic competition, technological changes, promotion of innovation, protection of environment and other factors. They are discussed in conferences, publications of social researches as well as declared in strategic documents. Sustainable development and promotion of knowledge based economy being perspective directions in socio-economic development are still problematic areas in Lithuania taking into account the context of other European Union (EU) countries. For example, Estonia, which joined EU in 2004, like Lithuania and Latvia, demonstrates better results. Understanding of this discrepancy is one of the objectives of this article. Our viewpoint is that not enough has been done to evaluate results in development of knowledge based economy by taking into account leading parameters of environmental sustainability (energy intensity in the economy, level of sustainable consumption and production, correlations between climate change and energy, prevalence of sustainable transport, consideration of natural resources). On the other hand, it is not perspective to evaluate the level of sustainable development without the analysis of the intensification of the main pillars of knowledge based economy like level of innovations and education. It seems that it is important to look at local, national and global context as well as research in private and public sectors. The progress in both -socio-economic and environmental sectors is likely as a holistic result. Not occasionally main documents of EU fixating the principles of the sustainable development and the knowledge based economy are written in close correlation: the priority of the Strategy of Europe 2020 is to develop smart, sustainable and inclusive economy. Eco-friendly environment is promoted in Innovation Union (the strategy of EU) too. In the Communication from the Commission to the European Parliament, the Council declared that knowledge is the currency of the new economy and that sustained and greater investment can increase the competition level within national borders.The purpose of the study is to evaluate the level of sustainable development and knowledge based economy in Baltic countries by using the original integrated multi-criteria Sustainable knowledge based economy index. The following tasks were used: 1) to reveal the importance of sustainable development and knowledge based economy for Baltic countries in the context of the countries of EU, 2) to analyse indicators of sustainable development and knowledge based economy in Baltic countries in 2008-2012 year period, demonstrating contemporary situation and possibilities for improvement.The research was made, using quantitative and qualitative methods: literature analysis, statistical classification, systematization, synthesis, comparison and generalization. The aim of the study was reached using the original integrated multi-criteria Sustainable knowledge based economy index. It consists of the following sub-indices...
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