| Abstract [eng] |
Lithuania is not making a significant breakthrough in the field of innovation and R&D-intensive entrepreneurship. It also lags behind developed countries in terms of the level of innovation management in business, knowledge creation and transfer. Although there is a well-developed startup ecosystem in Lithuania, their number is growing rapidly, these young businesses often do not achieve the necessary breakthrough, do not transform into sustainable businesses that bring long-term success. R&D-intensive / innovative companies are a significant part of the country's “economic DNA”, therefore it is expedient to define the emphases of the precondition for the success of R&D-intensive business. The Lithuanian laser industry is characterized as an industry with a high potential for innovation and a specific knowledge generation infrastructure. Today, this sector is not achieving the necessary breakthrough in growth. In order to determine further directions of sustainable development of the sector, it is necessary to identify and study the factors of development of R&D-intensive Lithuanian laser and photonics business in the long run. The object of the research is the longitudinal development factors of the R&D-intensive Lithuanian photonics and laser business. The aim of the research is to investigate the longitudinal factors of successful development of R&D-intensive business based on the case study of the Lithuanian photonics and laser sector. Theoretical analysis allowed to identify the preconditions for the successful development of R&D- intensive companies - knowledge-intensity, international company design, the qualities and abilities of the entrepreneur. These assumptions are the basis for the formation of organizational capabilities of an R&D-intensive company. Institutional conditions form network / ecosystem capacities and lead to the expression of organizational capacities in networks, which allows the generation of results of innovative activities - unique products and international competitive advantage. A longitudinal multiple case study was performed involving 4 Lithuanian laser and photonics companies – "Ekspla", "Altechna", "Brolis Semiconductors" and "Femtika", as well as 2 other ecosystem participants - "Lithuanian Laser Association" and the Laser Technology Division of the Center for Physical and Technological Sciences. The results of the research allowed to identify the essential factors for the successful development of the R&D-intensive Lithuanian laser and photonics business: 1) Constant interaction with science; 2) Proactive ecosystem development; 3) International networking. The sector is characterized by a well-developed business and science partnership. A constant close connection with science enables companies to develop world-class innovative high-tech solutions. A proactively developed ecosystem allows for the creation of a favorable environment for startups and growth for researchers to commercialize their knowledge. In order to create new business opportunities and development directions, the sector should strengthen its organizational and networking capabilities, with a special focus on involvement in international industrial ecosystems, expand connections, and initiate projects with industrial partners. |
