Sustainable Production through Innovation in Small and Medium Sized Enterprises in the Baltic Sea Region

Abstract

This article provides brief information about the international project SPIN (Sustainable Production
through Innovation in SMEs) that is under implementation in the Baltic Sea region to intensify ecoinnovation
development and implementation. It presents initial findings from the study conducted in the
framework of this project, particularly, an overview of the SME sector (including the structure of the SME
sector, contribution of SMEs to the national economy and the situation concerning innovation
implementation) in Lithuania as well as the framework situation concerning eco-innovation development and
implementation (including available financial support). The key SME needs in development and
implementation of eco-innovations are also discussed in the article.