Biotechnology is still important for the economy and therefore receives sustained government support. Lithuania does not have a bioeconomy strategy. Included among the relevant political strategies from 2007 to 2013 was a program for industrial biotechnology. The "Smart Specialization Program" launched in 2014 also focuses on biotechnology and will be part of the government's current policy of innovation until 2020. The focus is on innovations in agriculture and food technologies.
The Baltic country is known worldwide for its industrial enzyme production. Since the middle of the 1970s, industrial biotechnology - particularly enzyme production - has been concentrated in Lithuania.