ES investicijų politika verslo steigimui Lietuvoje ; EU Investment Policy For Business Establishment In Lithuania

Abstract

The aim of this Master's work is to make analysis of EU investment policy for business establishment in Lithuania. The aim is reached after presenting theoretical EU investment policy base, also analyzing basic environment and conditions for business in Lithuania as part of EU, and ascertaining factors of EU investment policy implementation. Empirical research shows the importance and evaluation of measures of EU investment policy for business establishment in Lithuania. After the analysis of the theoretical foundations of public policy there was found the insights of the EU investment policy for business establishment in Lithuania, which was the subject of this paper, it is appropriate to assess the impact of policies on a particular field, which is business establishment. The preferred method in this case is the decision-theoretical evaluation, an ex-ante, taking into business needs. Analysis of business environment and business conditions showed that Lithuanian economic development is lower than the EU average, and although business conditions are not very poor, the tax system is not conducive to the establishment of businesses. The empirical study confirms defended statements: 1. the investment policy is not focused on direct business start-up financing. Business investment in the establishment of policies have only an indirect impact on the improvement of business conditions and the attractiveness of the setting up of new companies. 2. The measures offered for the business in Siauliai region, such as financial instruments (loans), guarantees and partial compensation of interest, provided consulting and information services, project of development of industrial park and improve road and energy infrastructure, they increases the attractiveness of the region for business establishment, but they are not enough to develop entrepreneurship. Based on the findings of the research the recommendations were offered for national and local institutions. Core of the recommendations is the promotion of entrepreneurship, improve business environment and implementation of projects dealing with the improvement of the business establishment issues.