Development of industry competitiveness model factors during recession in Lithuania
Development of industry competitiveness model factors during recession in Lithuania

Summary/Abstract: The article analyses the factors influencing the growth of economics as well as their interrelationship under economic slowdown. The innovations are named as the essential factor promoting economics growth when the economics experiences the slowdown, as well as the attention is paid to that the insight, effectiveness of factors as well as complexity of the activity are important in this period. The extent of economic slowdown and its specificity are defined; the influence of the means of the competitive policy upon country’s competitive environment and international competitiveness of country’s industry is disclosed. The premises that allow promoting the emergence of innovative enterprises are presented.

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