| Abstract [eng] |
The engineering industry sector is of great importance to the country's economy and to the higher added value it creates. For this reason, it is necessary to analyze what factors contribute to the development of this industry. Industry 4.0 has a significant impact on society and industries, enabling better and faster production development processes. Industry 4.0 process integration is important for innovation and technology-intensive industries. Project subject. Development factors of Lithuanian engineering industry. Project objective. To identify the factors determining the development of the Lithuanian engineering industry in the context of Industry 4.0. To reach this objective, the following tasks have been formulated: 1) to evaluate the indicators of the engineering industries and the problems of development in Lithuania; 2) to describe the theoretical aspects of the development factors of the engineering industry in the context of Industry 4.0; 3) to form a methodology for the evaluation of the research of engineering industry enterprises; 4) to study the dynamics and development tendencies of statistical indicators of the engineering industry sector; 5) to carry out an econometric assessment of the development factors of the engineering industries and to present the results and proposals of the research. The paper evaluates the structure of the engineering industry sector and identifies the main obstacles to the development of this branch. The sector has been found to be smaller and not growing fast enough compared to the rest of the manufacturing industry. Based on the analysis of the scientific literature, the factors of competitiveness, internal and external development and the benefits of industry 4.0 process integration for the development of technology–intensive engineering industries have been presented. It is pointed out that companies operating in the Industry 4.0 environment are able to respond more flexibly to problematic situations and can improve their production processes. The results of the study revealed that Lithuania falls behind Germany and the European Union in terms of the level of innovation and investment in R&D. However, costs on R&D is growing every year, so this gap is narrowing. The results of the econometric study revealed that the growth of output in the engineering industry, both in the long and short term, is influenced by exports, imports, investment in tangible assets and investment in intangible assets, GDP. |
