COMPETITIVENESS OF LITHUANIAN MANUFACTURING INDUSTRY
Keywords:competitiveness, industry, competitive advantage.
AbstractNations and their industries (by the activities of certain enterprises) compete globally to sustain and increase their standard of living. International competitiveness is however a multifaceted concept, which can lead to differences in measurements and definitions. The conference paper is aimed at the analyses of compe-titiveness of Lithuania’s manufacturing industry among European Union member state countries using several methodologies and corresponding measures. The research is based on the quantitative statistical data analyses. Methodological approaches used to analyse competitiveness of industries are summarized, some characteristics and limitations of measuring competitiveness by the quantitative data analyses are discussed. Theoretical considerations of competitiveness and related conceptual issues are however not considered in the paper.
Competitiveness of Nations in Global Economy