Dear colleagues, To conclude, as the well-known saying goes, “Good times don't last, and bad times don't stay forever”. Planning and investing today in preparation for those good times to come is more important than ever. It is therefore a great honour to open this Investments in the Baltics conference in webinar format. I look forward to the upcoming discussions and presentations. Thank you.
In attempting to explain the tendency of productivity growth to lag behind investments in new technologies, economists have emphasized that much more than the purchase of new high-tech equipment is needed to achieve significant gains in productivity. In particular, to be successful, managers must have a carefully thought-out plan for using new technologies before they acquire them.