Baltic and Asian tigers: The biotechnology sectors of Lithuania and India as sources of innovation and economic growth

This paper explores similarities and differences between the biotechnology sectors of Lithuania and India. In both cases, the biotechnology sectors are major motors of economic growth. In the case of Lithuania, we borrow from Schumpeter’s ideas of innovation and Porter’s business cluster theory, and argue that Lithuania is “at the right place and the right time” to make it a regional leader in Baltic biotechnology. Although very different, India’s biotechnology sector is also rapidly changing and innovating.


Issue Date:
Nov 10 2011
Publication Type:
Journal Article
DOI and Other Identifiers:
1804-0527 (PRINT) (Other)
PURL Identifier:
http://purl.umn.edu/128650
Published in:
Volume 09, Issue 3
Perspectives of Innovations, Economics, and Business
Page range:
5-11
Total Pages:
7
JEL Codes:
B59; F23; O52; O57




 Record created 2017-04-01, last modified 2017-08-26

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