Abstract
Clusters becoming important field in Lithuania. Clusters aim to join forces to gain mutual benefits, accelerate the process of developing new products, services or technologies, and bring them to market, foster innovation and collaborate on science and business. Clusters in Lithuania have benefit: stimulates innovation and growth, promotes the transfer of knowledge and helps develop new ideas and business, promotes export development, contributes to the internationalization of enterprises, helps to reach foreign markets and find new business partners, helps attract new technologies, skilled labor, investment in research and development and innovation, strengthens the human, technical, scientific, capital, innovation, partnership and other capabilities of individual cluster members, provides access to unique, specialized resources and enhances the competitive advantage of cluster members, helps to reduce the costs of small and medium-sized enterprises, prepare SMEs for growth, helps reduce risk and increases the likelihood of success in selecting new R&D trends.
Highlights
Clusters in Lithuania as a form of cooperation or business model, is a new area
Clusters are becoming increasingly popular in Lithuania and the world
Clusters intertwine companies from different sectors that focus on specific value chains
Summary
Clusters in Lithuania as a form of cooperation or business model, is a new area. This area is lacking competence, knowledge of the benefits of the cluster, its management and the culture of cooperation, the creation of a value chain. According to the concept of Lithuanian cluster development, the number of clusters in the service sector is much higher than in industrial sectors. There are many clusters in the fields of information technology, health and creative industries. There are several clusters whose main activity is tourism services. The purpose of this article is to analyze cluster entrepreneurship development in Lithuania best practice
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