On the 1 of April, 2014 the Government of the Republic of Lithuania approved the new edition of The concept of the establishment and development of integrated science, studies and business centres (valleys) with the aim to proceed the development of valleys by implementing the process of smart specialization.
To achieve more effective use of R&D infrastructure, innovations, studies, and knowledge-intensive business, developed while implementing relevant measures of the European Union structural funds, Lithuanian national budget or other sources, and ensure its continuous progress, it is essential to facilitate the establishment of world-class integrated science, study and business centres (valleys). The valleys enable successful use of scientific knowledge for the development new products or technologies, bring business and academia cooperation up to the front. In this way the state would achieve greater business participation in all innovation cycles from basic research to the introduction of new products into the market, as well as increase of private sector's investment in R&D and innovation would be encouraged.
Valley means concentration (totality of entities) of the capacities in research, studies and knowledge-intensive business generally in one area, with common or interrelated infrastructure, geared towards building knowledge economy and thus enhancing Lithuania’s economic competitiveness.
The goal of the Concept – promoting rapid development of valleys, which would meet international standards, enabling training of world-class professionals, creating new internationally competitive high-added value knowledge and products, promoting high-tech businesses, advanced technologies and innovation in high-tech industries and traditional sectors of the economy, culture and social environment.
There are 3 main objectives intended to achieve the goal of the Concept:
- to facilitate generation of high-level research-based new knowledge, i.e. to strengthen and mobilize R&D intellectual capacities, encourage national and international cooperation among scientists and other researchers;
- to promote the development of R&D intensive sectors of the economy and the development and commercial application of innovative products, i.e. to enable science and business to cooperate effectively in R&D and innovation and to advance technology development and transfer;
- to concentrate and update R&D, innovation, higher education, and knowledge-intensive business infrastructure, and to provide its effective application.
Programmes of valleys
- Programme of the Integrated science, studies and business centre (valley) „Saulėtekis“
- Programme of the Integrated science, studies and business centre (valley) „Santara“
- Programme of the Integrated science, studies and business centre (valley) „Santaka“
- Programme of the Integrated science, studies and business centre (valley) „Nemunas“
- Programme of the Integrated science, studies and business centre (valley) for the development of Lithuanian maritime sector