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The dissertation aimed to explore the concept of UBC governance and on the basis of theoretical and empirical research results develop a conceptual normative UBC governance model. Research methodology was based on the phenomenological and heuristic inquiry strategy and integration of action research and fieldwork research elements.The dissertation included the analysis of the theoretical framework of UBC governance, exploration of the best practices of UBC governance in foreign countries, examination of the case of UBC governance in Lithuania, and development of the conceptual normative model. It was concluded that the theoretical framework for UBC governance can be examined with regard to the evolution of New Public Management and New Public Governance doctrines, the shift from Conventional or Mode 1 to Corporative or Mode 2 approach, the knowledge creation models of the Triple Helix, the Quadruple Helix and the Quintuple Helix, network, knowledge and innovation management.University and business divide in Lithuania is caused by weak UBC traditions, lack of strategic management, lack of leadership and consolidating institution, and low level of cooperative and entrepreneurial culture.

Concept of governance of creative clusters as economic organization of creative society under the Smart specialization logic is new and fragmentally explored. Thesis presents the analysis of understanding of Smart specialization and proposes possible extensions, explores theoretical views of creative society and its features, analyzes the theory and development of clusters, features of creative clusters, proposes governance model of Lithuanian creative clusters under the Smart specialization conditions. Theoretical analysis has revealed, that Smart Specialization is non-linear, non-industrial, three-dimensional specialization, integrating different region-specific contexts into economically viable activities. Creative society is a postmodern society that is a contemporary understanding of the information and knowledge society concepts. Creative society is foundation of creative economy, specific to the geographical place it is located, based on the usage of technologies, organized in non-hierarchical form and opting for exclusivity. First part of empirical research was based on analysis of governance documents of European union regions with highest proportion of firms and jobs in the creative clusters and highest share of creative and cultural industries in the reginal economy. Second part of empirical research was bases on semi-structured interview with Lithuanian cluster management organizations of official creative clusters. Analysis of best European Union governance practices revealed, that the most important criteria in creative clusters governance are education and access to global markets. Analysis of Lithuanian creative clusters revealed, that they are relatively young, local and project-based organizations with limited connections to the knowledge institutions and mostly dependent on state support. Governance model of Lithuanian creative clusters was based on the logic of Smart specialization, which should be applied to identify and develop economically most suitable connection of creative society, creative economy and creative clusters.

Concept of governance of creative clusters as economic organization of creative society under the Smart specialization logic is new and fragmentally explored. Thesis presents the analysis of understanding of Smart specialization and proposes possible extensions, explores theoretical views of creative society and its features, analyzes the theory and development of clusters, features of creative clusters, proposes governance model of Lithuanian creative clusters under the Smart specialization conditions. Theoretical analysis has revealed, that Smart Specialization is non-linear, non-industrial, three-dimensional specialization, integrating different region-specific contexts into economically viable activities. Creative society is a postmodern society that is a contemporary understanding of the information and knowledge society concepts. Creative society is foundation of creative economy, specific to the geographical place it is located, based on the usage of technologies, organized in non-hierarchical form and opting for exclusivity. First part of empirical research was based on analysis of governance documents of European union regions with highest proportion of firms and jobs in the creative clusters and highest share of creative and cultural industries in the reginal economy. Second part of empirical research was bases on semi-structured interview with Lithuanian cluster management organizations of official creative clusters. Analysis of best European Union governance practices revealed, that the most important criteria in creative clusters governance are education and access to global markets. Analysis of Lithuanian creative clusters revealed, that they are relatively young, local and project-based organizations with limited connections to the knowledge institutions and mostly dependent on state support. Governance model of Lithuanian creative clusters was based on the logic of Smart specialization, which should be applied to identify and develop economically most suitable connection of creative society, creative economy and creative clusters.

The essence of the "Swedish socialism" created in the 20th century lies in "democratic functional socialism". During the last 30 years, even after having refused part of its elements, it remains the foundation of the Swedish welfare state, and historically the name of the "Swedish socialism" is mostly related to the famous Swedish and global figure of the smart political powers, social democrat Olof Palme. The article reviews the features of the biography of Olof Palme and his both theoretical and practical activity opting for social justice and by creating a welfare state in Sweden by the means of "democratic functional socialism". Olof Palme was also an advocate of human rights and freedoms, neutrality of small countries, an international mediator, an advocate of nuclear disarmament policy and a severe critic of neo-liberal ideas.

The essence of the "Swedish socialism" created in the 20th century lies in "democratic functional socialism". During the last 30 years, even after having refused part of its elements, it remains the foundation of the Swedish welfare state, and historically the name of the "Swedish socialism" is mostly related to the famous Swedish and global figure of the smart political powers, social democrat Olof Palme. The article reviews the features of the biography of Olof Palme and his both theoretical and practical activity opting for social justice and by creating a welfare state in Sweden by the means of "democratic functional socialism". Olof Palme was also an advocate of human rights and freedoms, neutrality of small countries, an international mediator, an advocate of nuclear disarmament policy and a severe critic of neo-liberal ideas.