Assessment of value added of European and Lithuanian enterprises

The global economy has a strong impact on every company’s performance and activity. The challenge is how to assess the value added company is creating every year. The main issue rising from this concept is the difficulties to calculate and measure value added in a correct manner. Many scientists investigate value added concept and accentuate that not all enterprises are able to define and measure value added correctly, many of them do not focus on the knowledge evaluation. Other researchers emphasize that knowledge management plays a vital role in value creation of every enterprise and this index must be included in value added calculation and measurement methodology. Although the questionable aspect is still under discussion, many researches and investigations are slightly changing the attitude towards assessment of value added of enterprises.