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Assoc. Prof. Dr. Pijus Krūminas

Pijus Krūminas
Assoc. Prof. Dr. Pijus Krūminas

Associate professor , Financial Economics programme director

pijkru@faculty.ism.ltORCIDGoogle Scholar

Dr. Pijus Krūminas completed his Ph.D. in Economics at ISM University of Management and Economics and his Master’s degree in Political Science at Vytautas Magnus University. His areas of interest primarily involve questions at the intersection of these social sciences, particularly from the perspective of game theory. Methodologically, Pijus is also interested in the development and application of simulation games in education and professional environments. Pijus has been involved in teaching for nearly ten years.

In addition to teaching and academic research, Pijus conducts commissioned public policy research for Lithuanian and European institutions in the fields of innovation and digitalization policy at the research company „Visionary Analytics.” He has experience in analytical work in the public sector. He has collaborated with institutions such as the European Commission’s Directorate-General for Research and Innovation and Directorate-General for Communications Networks, Content and Technology, the Joint Research Centre, the European Space Agency, and various ministries of the Republic of Lithuania.

Research areas

  • Political Economy
  • Game Theory
  • Simulations
  • Research and Innovation Policy

Teaching areas

  • Game Theory
  • Simulations
  • Comparative Politics

Courses

Game Theory and Economic Shocks (GRAE036)
Research Proposal (GRAE030)
Master Thesis (GRAE016)
Applied Game Theory: Modelling Politics and Business (POL121)
Comparative Politics (POL103)
Analysis of Monetary and Fiscal Policy (GRAE038)

Publications

Krūminas, P. (2017). Innovation policy and economic development in peripheral regions in the context of electoral institutions. Research in Economics and Business: Central and Eastern Europe, 9(1), 48-71.
Krūminas, P. (2018). Public R&D under different electoral rules: Evidence from OECD countries. In The Inaugural Baltic Economic Conference, Martynas Mažvydas National Library of Lithuania, Vilnius, June 11-12, 2018 (pp. 1-1). Vilnius: Baltic Economic Association
Krūminas, P. (2019). Assessment of the Relationship Between Innovation Policy and Economic Growth in the Context of Electoral Institutions [Doctoral dissertation]. ISM University of Management and Economics
Krūminas, P. (2019). Public R&D under different electoral rules: evidence from OECD countries. Constitutional Political Economy, 30(3), 300-329. https://doi.org/10.1007/s10602-019-09283-5
Krūminas, P., & Greenwald, M. (2023). Retaking Nineveh: Professional Wargaming. Banzai, 19, 35-37
Krūminas, P., Paliokaitė, A., Martinaitis, Ž., & Tiits, M. (2019). Global value chains, skills and innovation activities in firms: Conceptual issues. In 6th Academy of International Business Central Eastern European (AIB-CEE) Chapter Annual Conference: „International Business in the Dynamic Environment: Changes in Digitalization, Innovation and Entrepreneurship”. Book of abstracts (pp. 70-70). KTU leidykla „Technologija”. https://doi.org/10.5755/e01.9786090216378
Krūminas, P., Rybakovas, E., & Paliokaitė, A. (2019). Global value chains and middle income trap in Central and Eastern Europe. In The European Trade Study Group Twenty-first Annual Conference, 12-14 September 2019, University of Bern, World Trade Institute (pp. 1-23). Bern: ETSG
Christenko, A., Krūminas, P., & Martinaitis, Ž. (2019). Transition in post-communist economies: Plain or creative destruction? evidence from Lithuania. In 31st Annual Meeting, Society for the Advancement of Socio-Economics. 27th-29th June, 2019 (pp. 1-16). New York City: SASE
Christenko, A., Martinaitis, Ž., & Krūminas, P. (2023). From socialism to capitalism: Low-skill-biased change in the Baltics during the transition and beyond. TalTech Journal of European Studies, 13(1), 253-285. https://doi.org/10.2478/bjes-2023-0012
Jakštys, R., Jaujininkas, V., Juknevičius, T., Krūminas, P., Masevičiūtė K., Reimeris, R. & Skirmantas, R. (2015). Lietuvos mokslo būklės apžvalga. Vilnius: MOSTA.
Jakštys, R., Jaujininkas, V., Krūminas, P. & Masevičiūtė K. (2015). Investicijų į mokslinius tyrimus ir eksperimentinę plėtrą grąžos vertinimas. Vilnius: MOSTA.
Martinaitis, Ž., Christenko, A., Krūminas, P., & Paliokaitė, A. (2024). Impact of industrial change on skills during the economic transition in Central and Eastern Europe. Problems of Post-Communism, 1-13. https://doi.org/10.1080/10758216.2023.2301098
Krūminas, P., Čepėnas, S., & Darškuvienė, V. (2024). When do politicians appeal more broadly? A comment on Chin (2023). I4R Discussion Paper Series, 128, 1-14
Darškuvienė, V., Ščerbina-Dalibagienė, S., Krūminas, P., Misiūnas, D., & Katkov, D. (2024). Firm resilience inmulticrisis environment and the role of the boards. In 27th Nordic Academy of Management (NFF) Conference,August 15-17 (pp. 1-1). Reykjavik: Nordic Academy of Management
Krūminas, P., & Tatsumi, J. (2024). A thousand faces of a counterinsurgent 対反乱作戦が持つ千の顔. Banzai, 21, 42-45.
Krūminas, P., Tatsumi, J., & Savickaitė, A. (2024). Wargaming Educations ISM2024. Banzai, 22, 34-37
Lu, S., & Krūminas, P. (2024). Strategic energy decoupling and green transition in the Baltic region. RSA Central and Eastern Europe (CEE) Conference, September 11–13, 1-19
Antanavičius, J., Krūminas, P., Paliokaitė, A., Christenko, A., Elenskė, A., & Bernotas, I. (2024). Additionalities of innovation voucher schemes: evidence from Lithuania. Journal of Science and Technology Policy Management, 1–36. https://doi.org/10.1108/JSTPM-12-2023-0220