Vilnius Innovation Forum - the first such event taking place in Lithuania - is part of the official programme of the Lithuanian Presidency of the EU Council. This year the forum hosts around 600 guests from all over the world. Taking part in the forum are well-known innovation experts, business leaders, policy makers, and members of academic community.
"We will launch the first Lithuanian satellites soon, lasers and pharmaceuticals manufactured in our country are well-known in the world. In Europe Lithuania is mentioned among the member states who have made most substantial progress in the use of innovation, but we have not reached the EU average yet. Therefore, we need to strengthen the innovation culture and research-business cooperation. Our country strives to build an economy based on high technology and innovations and today we can be proud of having quite a few champions in the ICT area," the President said.
Not only Lithuania - the whole of Europe should push ahead with innovation in order to remain competitive, according to the President. Innovative decisions will give the Old Continent effective sollutions for business and employment growth, sustainable development and social inclusion. The President underlined that we all are responsible for the future of Europe. She wished to continue to explore new opportunities and prospects for building a better life for all Europeans.
After welcoming the participants of the forum, the President viewed an innovation exhibition and awarded the winner of the business-science partnership competition - Baltic Orthoservice, UAB - for launching a unique-construction orthopedic brace. It is already manufactured and sold in Europe and Australia and is expected to reach soon the medical markets of India and the United States.
