of innovation theory based on research of various authors. Secondly, using statistic data of European Commission and … maintain growth and stability companies and countries must be innovative, it is important to reveal the concept of innovation …, models to deal with it, types of innovation, advantages and disadvantages of innovation clusters. The aim of Master Paper is …

The aim of the master thesis is analysis of Lithuanian companies innovative activities, dynamics of innovation costs … innovation degree of country companies. Master Final Work consists of three parts. In theoretic part there is researching of … innovation concept and innovative activity theoretical aspects, possible risks for innovations, suggestions for competitiveness …