The Institute of Economics and Rural Development of the Lithuanian Centre for Social Sciences implemented a research and development project ‘Utilization of local raw materials to produce high added-value innovative products’. This project aimed to analyze and assess the development potential of bioeconomy value chains and promote the sustainable use of local raw materials to produce high added-value innovative products in Lithuania.
Research covered crop production and livestock farming and identified promising raw materials for the development of high added-value products. The study mapped available national value chains that relied on the key agricultural products and discussed their development potential. Expert survey revealed attractive niches for innovative products and provided knowledge about factors, hindering the development of new value chains.
The research team provided recommendations for the enhancement of national added value through support measures for the development of bioeconomy value chains, discussed funding priorities and the scale of funded projects. The research and development project ‘Utilization of local raw materials to produce high added-value innovative products’ was funded by the Ministry of Agriculture of the Republic of Lithuania.
Keywords: agriculture, bioeconomy, innovation, high added-value product, local raw materials, value chain.
Project implementation: 2021–2022.
Project implementation team:
dr. N. Jurkėnaitė (project manager), tel. (+370 5) 262 7307, nele.jurkenaite@ekvi.lt
dr. R. Melnikienė, dr. Virginija Namiotko, Ovidija Eičaitė, Lina Baranauskaitė