Abstract
The importance of innovativeness and competitiveness is rising and it is the essential condition for the survival in a global market. Especially it is vitally important for small countries (and their regions), which do not have the exceptional situation and position in the market, acknowledged products (services) or resources, even stable long-term traditions of innovation culture, etc.
 The present paper focuses on absorptive capacity, its development issues in regional innovation systems and well-being creation in a small country’s regions. For the purposes of the research, analyses were carried out, identifying reasons (or barriers), promoting (or limiting) innovative activities, impeding organizational propensities and desire to develop activities of knowledge access, anchoring and diffusion at the organizational and inter-organizational level. This paper reveals the experience of Lithuanian regions from the point of view of experts, representing institutions of science, business, innovation and business support. This paper represents the experience of partnerships (successful and failed) for the knowledge absorption in Lithuania and their connection to subsequent directions of organizational behavior and decisions. Furthermore, the author suggests main aspects for managers, seeking to maintain (gain) organizational absorptive capacity, corresponding to requirements and speed of the modern market.
Highlights
The main factor guaranteeing regional competitiveness in the global market, is the regional innovativeness, determined by the absorptive capacity of actors, performing in a regional innovation system
The development of absorptive capacity in a regional innovation system should be strengthening in all Triple Helix model actors
All actors of the regional innovation system are relevant, because of their possibilities to integrate to processes of initiation, realization and enhancement of the knowledge access, anchoring and diffusion, which depend on the organizational properties, and on the geographic area, identiÞed as the region, its political, social, economic, technological situation and context
Summary
The main factor guaranteeing regional competitiveness in the global market, is the regional innovativeness, determined by the absorptive capacity of actors (institutions of science, business, innovation and business support), performing in a regional innovation system. Developed countries consider absorptive capacity as essential for innovations in regions. Despite all efforts and investments for the strengthening of regions’ innovative activities, absorptive capacity of small countries such as Lithuania and their regions still do not gain acceleration. The purpose of the paper is to present results of an empirical study of absorptive capacity’s development in a regional innovation system with emphasis on the role of regional innovation system’s actors in processes of knowledge access, anchoring and diffusion on the basis of regions from Lithuania as a small country
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