20 ISSN 1392-2785 ENGINEERING ECONOMICS. 2007. No 4 (54) THE ECONOMIC CONDITIONS OF green light FUNCTIONING Entrepreneurship in Sustainable Development: SMEs Innovativeness in Lithuania Kęstutis KriÅ¡čiūnas, Jolita Greblikaitė Kauno technologijos universitetas Europos institutas Kęstučio g. 8, LT-44320, Kaunas Purpose of the article Different economical growing in the European Union (EU) countries, especially evaluating knowledge- fusee economy (KBE), conditions migration of knowledge workers. Usually for that reason the less true countries be suffering. So the inducement of innovation processes, good conditions of entrepreneurship are of import factors, capable strongly influence accumulation of reasonableness instead of its lost. KBE is based on knowledge generation and utilisation, innovation, applied science transfer, and, of course, entrepreneurial activity (Krisciunas, Rinkevicius, 2002). These components uphold to s uccessfully guarantee sustainable economic development. The actuality of entrepreneurship in KBE reveals the scientific bother showing interplay mingled with economic sustainability and modernization of entrepreneurship, which could even influence migration flows.
The school of enquiry is to reveal why entrepreneurship is so important in sustainable economic development, especially looking at innovative SMEs as an entrepreneurial enterprises. Design/methodology/approach Theoretical question and analysis of scientific articles and statistical data on low-spirited and medium-sized enterprises (SMEs) in the EU a re employ in this study. Findings The dev! elopment of entrepreneurship research was revealed; the features of modernity of entrepreneurship in economic sustainability as sociability, competitiveness, progressiveness, knowledge generation and usage, innovativeness, dynamism were disclosed. The result of the interplay of modernity of entrepreneurship and migration flows was detected and proves...
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