When Lithuania became the part of the Europian Union market, it has to compete with increasing competition of the international market. The following elements: work qualification, material investment, skills of marketing and management, scientific research papers determine work productivity and...

Institutional problems and the corruptive use of social capital give ground for misuse ofinstitutional gaps and cause intentional failures for financial benefits. Based on socialcapital theory and transaction cost economics (TCE) this paper describes how theinstitutional environment in the...