The government has decided on which areas of innovation will be promoted

Date

2019 07 24

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The Government has approved the Smart Specialisation Programme, updated by the Ministry of the Economy and Innovation. In the Programme, 7 priorities will remain out of 20 currently existing priorities and those newly formede 7 priorities will be focused on promoting innovation in the country.

‘The updating of the Smart Specialisation Programme is part of the innovation reform carried out by the Ministry of the Economy and Innovation. An interim evaluation is necessary to ensure that focus is placed on areas where Lithuania has the greatest potential. Consolidated priorities will enable the use of financial resources of the state focusing on business and science projects with the greatest potential and will also contribute  to more efficient project selection procedures and to reducing the administrative burden,’ says Minister of the Economy and Innovation Virginijus Sinkevičius.

The Smart Specialisation Programme was updated on the basis of a 2018 interim evaluation of the implementation of the Smart Specialisation Strategy. Instead of 6 directions and 20 priorities, the following main 7 priorities will remain: energy and sustainable environment; health technology and biotechnology; agro innovation and food technology; new production processes, materials and technology; smart, clean and integrated transport; information and communication technology; an inclusive and creative society.

The sectors corresponding to the smart specialisation activities generate an added value of EUR 8.2 billion. This represents one quarter of Lithuania’s total gross domestic product. The smart specialisation priority activities employ 383 people in Lithuania.

In 2018 compared to 2017, the value added of sectors which correspond to smart specialisation activities increased by 9%, while the number of persons employed increased by 2 %.

For the period of 2014–2020, a total of EUR 679 million of the EU investment is foreseen for the implementation of the Smart Specialisation Programme, of which EUR 397 million is administered by the Ministry of the Economy and Innovation.

The monitoring and evaluation of the Smart Specialisation Programme is carried out by the Ministry of the Economy and Innovation along with MOSTA.