Focus and Scope

Business: Theory and Practice is published by Vilnius Gediminas Technical University (VGTU) Press since the year 2000. The Journal includes articles in English only.

The journal provides a forum for original research articles and reviews that integrate economic development and globalization, interpretations and consequences of entrepreneurship, strategic management and organizational behaviour, theoretical questions and empirical questions of industrial organizations.

The Journal is designed for publishing articles in the following fields of research:

  • business environment;
  • economic development and globalization;
  • entrepreneurial finance;
  • interpretations and consequences of entrepreneurship;
  • strategic management;
  • organizational behavior;
  • theoretical questions and empirical questions of industrial organization;
  • case studies.

Peer Review Process

Papers submitted to Business: Theory and Practice are subject to rigorous peer review so as to ensure quality of the material published.

All manuscripts undergo preliminary evaluation at the editorial level and those judged to be of significant importance are peer reviewed by more experts. The Editors see the papers through peer review to acceptance or rejection. 

Manuscripts are sent out for review electronically and all correspondence takes place via e-mail. Using double-blind peer review system neither reviewers’ nor author’s identities are revealed to the other party to ensure the quality of research published in the journal.

Peer reviewers are asked to give their opinion on a number of issues pertinent to the scientific and formal aspects of a paper and to judge the papers on grounds of originality and urgency. All relevant information is forwarded to the author(s).

Possible options for peer reviewers for each article:

  • Accept manuscript, if there is no need for any revision;
  • Accept after revision, if the author makes the requested revisions;
  • Revise and resubmit after revisions have been made - paper will be sent out for another peer review round;
  • Submit elsewhere if the manuscript is better suited for another journal;
  • Reject manuscript if the manuscript is substandard;

In addition, papers may be rejected directly by the Editors if judged to be out of scope or if scientifically or formally substandard.

Publication Frequency

BTP is using continuous publication model.

Open Access Policy

Business: Theory and Practice is published under the Open Access model and is therefore free for anybody to read and download, and to copy and disseminate for educational purposes. When posted online, articles will be assigned a DOI number (Digital Object Identifier) whereby it becomes possible to search and cite them without delay.

  • Articles are freely available to both subscribers and the wider public with permitted reuse.

Open access publishing is fully compatible with both peer review practices and copyright laws.

The open access fee for this journal is € 550, excluding taxes.

  • An open access publication fee is payable by authors or on their behalf, e.g. by their research funder or institution.


CLOCKSS and Zenodo.

Publication fee

The core price for Research Article article type is 550.00 €.

* The APC will be discounted to 400 Eur for all manuscripts submitted by the 1st of July 2017. The first five submissions will be discounted further down to 300 Eur, if accepted for publication.

The basic article processing charges (APC) cover editorial service and production of an article. A separate English editing charge will be applied to articles that require extensive English language editing or formatting. Editorial items (Editorials, Corrections, Additions, Retractions, Book Reviews and Books Received etc.) are published free of charge. Article processing charges (APC) are only applied to primary content: research articles, reviews and mini reviews, communications, short notes, etc.



Publication Ethics and Publication Malpractice Statement

Business: Theory and Practice is peer-reviewed research journal published by Vilnius Gediminas Technical University (VGTU) Press. The journal is committed to maintaining the highest ethical standards. Our ethic statements are based on COPE’s Code of Conduct and Best Practice Guidelines for Journal Editors. In order to provide our readers with a research journal of high quality, Business: Theory and Practice is guided by the following principles:


  • The editor is responsible for maintaining the integrity of the academic record, for having processes in place to assure the quality of the material they publish and for precluding business needs from compromising intellectual and ethical standards.
  • Editors’ decisions to accept or reject a paper for publication should be based on the paper’s importance, originality and clarity, and the study’s validity and its relevance to the remit of the journal. Each manuscript should be judged without regard to the race, gender, religious belief, ethnic origin, citizenship or political philosophy of the authors.
  • Articles may be rejected without review if the Editor considers the article obviously not suitable for publication.
  • The editor must not use privileged information or ideas obtained through peer review for personal gain or to discredit others.
  • The editor ensures that appropriate reviewers are selected for submissions (i.e. individuals who are able to judge the work and are free from disqualifying competing interests).
  • The editor has systems in place to give authors the opportunity to make original research articles freely available.
  • The editor has systems to ensure that material submitted to their journal remains confidential while under review.
  • Using the double-blind peer review system neither reviewers’ nor author’s identities are revealed to the other party to ensure the quality of research published in the journal. There are at least three or more reviewers for the total number of articles in each issue.


  • The reviewers assist the editors in taking the decision of publishing a submitted manuscript. By formulating suggestions to the authors, the reviewers can contribute to the improvement of submitted works.
  • Any manuscripts received for review must be treated as confidential documents. They must not be shown to or discussed with others except as authorized by the editor.
  • Reviews should be conducted objectively. Personal criticism of the author is inappropriate. Reviewers should express their views clearly with supporting arguments, should not submit an inadequate or superficial review.
  • The reviewers should comment on the originality of submissions and should be alert to redundant publication and plagiarism.
  • The reviewers should declare any potential conflicts of interest and excuse themselves from involvement with any manuscript they feel they would not be able to review objectively or fairly.


  • The authors ensure that they have submitted original works, i.e., material that has neither been published elsewhere, nor is under review elsewhere, and if the authors have used the work and/or words of others that this has been appropriately cited or quoted.
  • The authors ensure that all individuals named as authors have legitimate input into the work and manuscript and that everyone who was involved with the work and preparation of the manuscript is listed.
  • Proper acknowledgment of the work of others must always be given. Authors should cite publications that have been influential in determining the nature of the reported work. A paper should containsufficient detail and references to permit others to replicate the work. Fraudulent or knowingly inaccurate statements constitute unethical behaviour and are unacceptable.
  • Authors should present their results clearly, honestly, and without fabrication, falsification or inappropriate data manipulation
  • Submitting the same manuscript to more than one journal is considered as an unethical publishing behaviour and is unacceptable.
  • All authors should disclose in their manuscript relevant funding sources
  • Authors are required to to declare whether or not they have financial professional, or personal interests from other parties or other conflict of interest that might be construed to influence the results or their interpretation in the manuscript.
  • When an author founds error or inaccuracy in his/her own published work, it is the author’s obligation to notify the journal editor and cooperate with him to retract or correct the paper.

In cases of alleged or proven scientific misconduct, fraudulent publication, or plagiarism the publisher, in close collaboration with the editors, will take all appropriate measures to clarify the situation and to amend the article in question. This includes the prompt publication of a correction statement or erratum or, in the most severe cases, the retraction of the affected work.