Implications for Mitigating Human Resource and Labor Market Restriction in Low-Tech Sector

The paper aims to explore the main restrictions of human resource (HR) and labor market specifically in Lithuanian low-tech sector and to provide implications for mitigating them in order to improve the competitiveness of this sector.In order to reveal the analyzed problem in depth the expert evaluation method has been chosen. The experts in this research cover professionals from the prominent low-tech companies in Lithuania, mainly top team members. The main findings suggest that the core restrictions for low-tech competitiveness in Lithuania include the lack of highly skilled managers, labor quality and qualifications, and such labor market related boundaries like strict labor laws and low labor market flexibility. According to experts opinion the great effort from Government's side should address the improvement improving labor market regulations in terms of simplification of them and increasing labor market flexibility.