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Entrepreneurship Training for Innovative Start-Ups: The KTC Case

  • P. Milius
  • J. Sarkiene
Part of the Contributions to Management Science book series (MANAGEMENT SC.)

Promotion of enterprise is one the principal goals of economical growth, as the main tasks of the development of the country – training of human resources, encouragement of scientific and technological advancement as well as innovations and intellectualisation, expedition of the GDP and reduction of social-economical exclusion among regions. All this can be achieved by being engaged in the intense development of a network of small and medium enterprises (SMEs). The development of SMEs is inseparable from commercialisation of innovations, cooperation between small and large companies as well as science and business, an effective infrastructure of business promotion, all of which influence economy and scientific development of the entire country. The primary conditions for SME development, as well as enterprise are knowledge, financial resources and an environment that initiates the growth and development of companies. Where knowledge is concerned, the emphasis should be on dissemination of information on entrepreneurship and access to training, consultancy and finance. These conditions are the essence of strategic development of SMEs.

Keywords

Science Park Venture Capital Fund Business Idea Business Incubator Business Angel 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Physica-Verlag Berlin Heidelberg 2008

Authors and Affiliations

  • P. Milius
    • 1
  • J. Sarkiene
    • 1
  1. 1.KTU regional Science ParkKaunasLithuania

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