[{"data":1,"prerenderedAt":135},["ShallowReactive",2],{"naujienos/lithuanian-innovations-in-2024-breakthroughs-in-ict-and-a-strengthened-startup-ecosystem/en":3},{"status":4,"data":5},true,{"image":6,"id":14,"seo":15,"title":12,"date":90,"url":86,"fullUrl":26,"text":91,"excerpt":25,"more":92,"tags":133,"temos":134},{"src":7,"is_svg":8,"ratio":9,"width":10,"height":11,"alt":12,"caption":13},"https://web-prod.inovacijuagentura.lt/wp-content/uploads/2024/12/kotryna-tamoseviciene-3840x2560.jpg",false,0.6666666666666666,3840,2560,"Lithuanian Innovations in 2024: Breakthroughs in ICT and a Strengthened Startup Ecosystem","",7137,{"title":16,"robots":17,"og_locale":23,"og_type":24,"og_title":16,"og_description":25,"og_url":26,"og_site_name":27,"article_publisher":28,"og_image":29,"twitter_card":34,"schema":35,"breadcrumbs":78,"description":13,"language":87},"Lithuanian Innovations in 2024: Breakthroughs in ICT and a Strengthened Startup Ecosystem - Inovacijų agentūra",{"index":18,"follow":19,"max-snippet":20,"max-image-preview":21,"max-video-preview":22},"index","follow","max-snippet:-1","max-image-preview:large","max-video-preview:-1","en_US","article","An analysis of international indices reveals that Lithuania’s innovation ecosystem is steadily progressing. Investments in research and experimental development are growing, and the country leads globally in unicorn valuation. Despite rapid growth, some areas for improvement remain, such as below-average labor productivity in the EU and a declining number of innovation-implementing companies.","https://www.inovacijuagentura.lt/en/naujiena/lithuanian-innovations-in-2024-breakthroughs-in-ict-and-a-strengthened-startup-ecosystem/","Inovacijų agentūra","https://www.facebook.com/inovacijuagentura",[30],{"width":31,"height":32,"url":7,"type":33},"6706","4471","image/jpeg","summary_large_image",{"@context":36,"@graph":37},"https://schema.org",[38,53,55,65,69],{"@type":39,"@id":26,"url":26,"name":16,"isPartOf":40,"primaryImageOfPage":42,"image":44,"thumbnailUrl":7,"datePublished":45,"breadcrumb":46,"inLanguage":48,"potentialAction":49},"WebPage",{"@id":41},"https://www.inovacijuagentura.lt/en/#website",{"@id":43},"https://www.inovacijuagentura.lt/en/naujiena/lithuanian-innovations-in-2024-breakthroughs-in-ict-and-a-strengthened-startup-ecosystem/#primaryimage",{"@id":43},"2024-12-19T10:13:00+00:00",{"@id":47},"https://www.inovacijuagentura.lt/en/naujiena/lithuanian-innovations-in-2024-breakthroughs-in-ict-and-a-strengthened-startup-ecosystem/#breadcrumb","en-US",[50],{"@type":51,"target":52},"ReadAction",[26],{"@type":54,"inLanguage":48,"@id":43,"url":7,"contentUrl":7,"width":31,"height":32,"caption":12},"ImageObject",{"@type":56,"@id":47,"itemListElement":57},"BreadcrumbList",[58,63],{"@type":59,"position":60,"name":61,"item":62},"ListItem","1","Home","https://www.inovacijuagentura.lt/en/",{"@type":59,"position":64,"name":12},"2",{"@type":66,"@id":41,"url":62,"name":27,"description":13,"publisher":67,"inLanguage":48},"WebSite",{"@id":68},"https://www.inovacijuagentura.lt/en/#organization",{"@type":70,"@id":68,"name":27,"url":62,"logo":71,"image":76,"sameAs":77},"Organization",{"@type":54,"inLanguage":48,"@id":72,"url":73,"contentUrl":73,"width":74,"height":75,"caption":27},"https://www.inovacijuagentura.lt/en/#/schema/logo/image/","https://web-prod.inovacijuagentura.lt/wp-content/uploads/2026/05/ia-logo-main.svg","1886","786",{"@id":72},[28],[79,82,85],{"url":80,"text":61,"id":81},"/en/",7576,{"url":83,"text":84},"/en/news/","News",{"url":86,"text":12,"id":14},"/en/naujiena/lithuanian-innovations-in-2024-breakthroughs-in-ict-and-a-strengthened-startup-ecosystem/",[88],{"url":26,"code":89,"locale":89,"default":8},"en","2024-12-19","\u003Cp>\u003Cstrong>Global Trends: Slower Funding Doesn't Halt Innovation Breakthroughs\u003C/strong>\u003C/p>\n\u003Cp>The National Progress Plan has set a goal for Lithuania to rank no lower than 35th in the Global Innovation Index. This year, the country achieved this target.\u003C/p>\n\u003Cp>“Leading positions in unicorn valuations reflect a significantly strengthened Lithuanian startup ecosystem in recent years. A strong ranking in ICT usage also highlights the country’s robust digital infrastructure and residents' openness to digital innovations, driving economic growth and enhancing Lithuania’s competitiveness. However, we still have work to do to accelerate innovation implementation, which remains one of our top priorities,” said Economy and Innovation Minister Lukas Savickas.\u003C/p>\n\u003Cp>Lithuania still has progress to make in the creative industries, human capital and research, infrastructure, and business sophistication. Overall, Lithuania’s investments in innovation need to yield higher and more balanced returns, a trend also observed in Latvia and Estonia.\u003C/p>\n\u003Cp>The Global Innovation Index evaluates 133 countries’ innovation ecosystems using approximately 80 indicators. Although Lithuania improves annually, other countries are also advancing. The top five – Switzerland, Sweden, the US, Singapore, and the UK – set inspiring examples.\u003C/p>\n\u003Cp>“The overall index results highlight three trends: reduced innovation investments returning to pre-pandemic levels, a decline in scientific publications, and a drop in patent filings for the first time in 15 years. However, despite slower funding, technological progress continues, especially in areas like supercomputing, ICT, health, and green technologies,” said Kotryna Tamoševičienė, Head of Research and Analysis Unit at the Innovation Agency Lithuania.\u003C/p>\n\u003Cp>\u003Cstrong>Europe: Lithuania Among "Moderate Innovators"\u003C/strong>\u003C/p>\n\u003Cp>In the European Innovation Scoreboard, Lithuania ranks 19th among EU countries.\u003C/p>\n\u003Cp>Looking at long-term progress, business contributions are notable. Since last year, non-R&D innovation expenditures have grown significantly, alongside an increase in lifelong learning program participants and innovation spending per worker.\u003C/p>\n\u003Cp>Areas for improvement include business sector spending and government support for R&D, as well as the export of knowledge-intensive services. According to Tamoševičienė, this signals the critical importance of enhancing R&D support and focusing on high value-added sectors to ensure the vitality of Lithuania's innovation ecosystem.\u003C/p>\n\u003Cp>The Innovation Scoreboard evaluates the innovation ecosystem development of EU and select European countries. Lithuania is among the EU leaders in cumulative innovation index growth, with a 22% increase since 2017. Despite rapid growth, it is insufficient to catch up to or surpass Europe’s innovation leaders. As a result, Lithuania remains a “moderate innovator,” achieving 70-100% of the EU average.\u003C/p>\n\u003Cp>This report also categorizes countries by their Summary Innovation Index (SII) relative to the EU average in 2024. “This methodology enables comparisons between countries and sets a standard—the EU average. For some countries, this will be a goal, while for others, a threshold they strive to surpass,” said Tamoševičienė.\u003C/p>\n\u003Cp>\u003Cstrong>Academic Investments in R&D Surpass Business\u003C/strong>\u003C/p>\n\u003Cp>For the first time, the higher education sector invested €2 million more in R&D activities than the private sector. This shift indicates that universities are increasingly funding not only academic but also practical R&D activities. Declining business investments may be attributed to reduced foreign investments, the global energy crisis, and inflation that struck last year.\u003C/p>\n\u003Cp>Total R&D expenditures across all sectors (higher education, business, and government) amounted to €772 million, or 1.07% of GDP. However, the number of innovation-implementing companies continues to decline, with the ICT sector and large enterprises (250+ employees) leading the way.\u003C/p>\n\u003Cp>Political changes in Lithuania and abroad may shift priorities, but all nations will undoubtedly strive to maintain competitiveness and foster innovation.\u003C/p>\n\u003Cp>“This effort is reinforced by the structural and competitive challenges facing traditional industries, such as construction, automotive, and agriculture: slow-declining interest rates, competition from China, potential changes in U.S. trade agreements, and stricter environmental regulations. Therefore, it is crucial for Lithuania to continue and strengthen innovation-oriented state policies, improve the business environment, and bolster ecosystems,” said Tamoševičienė.\u003C/p>\n",[93,102,111,125],{"image":94,"title":97,"url":98,"id":99,"text":100,"temos":101},{"src":95,"is_svg":8,"ratio":96,"alt":97,"caption":13},"https://web-prod.inovacijuagentura.lt/wp-content/uploads/2026/05/kosmoso-memorandumas-su-polsa.jpg",0.6669921875,"Lithuania Strengthens Cooperation with Poland and the United States in the Space Sector: Important Memorandums Signed","/en/naujiena/lithuania-strengthens-cooperation-with-poland-and-the-united-states-in-the-space-sector-important-memorandums-signed/",6748,"Lithuania’s space sector continues to strengthen international partnerships and expand cooperation with key players in the global space industry. Innovation Agency Lithuania has recently signed two significant memorandums of understanding – with the Polish Space Agency (POLSA) and the U.S. space infrastructure company Vast. These agreements open new opportunities for Lithuanian businesses, research institutions, and international projects.",[],{"image":103,"title":106,"url":107,"id":108,"text":109,"temos":110},{"src":104,"is_svg":8,"ratio":105,"alt":106,"caption":13},"https://web-prod.inovacijuagentura.lt/wp-content/uploads/2026/03/shutterstock-2539768243-1.jpg",0.7490234375,"Lithuania Ranks First in Europe in the Global Entrepreneurship Index","/en/naujiena/lithuania-ranks-first-in-europe-in-the-global-entrepreneurship-index/",6892,"The latest Global Entrepreneurship Monitor (GEM) 2025/2026 global report shows that Lithuania is the leading country in Europe in terms of the quality of its entrepreneurial environment and ranks among the world’s strongest economies in this field.",[],{"image":112,"title":114,"url":115,"id":116,"text":117,"temos":118},{"src":113,"is_svg":8,"ratio":96,"alt":114,"caption":13},"https://web-prod.inovacijuagentura.lt/wp-content/uploads/2026/01/karolina-urbonaite.jpg","Lithuania’s Startup Ecosystem Surpasses €16.4 Billion in Value: Investments Jump 1.7x in 2025","/en/naujiena/lithuanias-startup-ecosystem-surpasses-e16-4-billion-in-value-investments-jump-1-7x-in-2025/",6999,"The total value of Lithuania’s startup ecosystem reached €16.4 billion in 2025, according to the latest Dealroom report initiated by Startup Lithuania, a division of the Innovation Agency. In just one year, Lithuanian startups attracted €220 million in venture capital investments from 77 unique investors. The ecosystem’s growing maturity was further confirmed earlier this year with the addition of a new unicorn to Lithuania’s startup map — Cast AI.",[119,122],{"id":120,"name":121},577,"Growth",{"id":123,"name":124},579,"Innovation",{"image":126,"title":128,"url":129,"id":130,"text":131,"temos":132},{"src":127,"is_svg":8,"ratio":96,"alt":128,"caption":13},"https://web-prod.inovacijuagentura.lt/wp-content/uploads/2025/12/modix-fgf-3d-spausdintuvas-2.jpg","Mission-Driven Innovations: Science and Business Shaping Lithuania’s Future","/en/naujiena/mission-driven-innovations-science-and-business-shaping-lithuanias-future/",6904,"Some important scientific research activities and innovative business-developed products may sound complex – unsurprisingly, as they are developed by people who dedicate their entire lives to these fields. Yet behind these sophisticated terms lie concrete solutions that will eventually make each of our daily lives easier. Where science and business join forces, more accurate disease diagnostics for the health of us and our loved ones are developed, cybersecurity tools are created to protect the country, and climate-neutral production technologies and materials emerge to help preserve our nature and resources.",[],[],[],1780325202591]