Economic Development, Innovation, Technological Change, and Growth

THE INNOVATION MARKET IN BULGARIA

Rossitsa Chobanova - Economic Research Institute аt BAS
Received: 23 Jun 2022
Revised:
Published:
Downloads: 0
Citations: 0
Issue 7/2001
JEL O33 O32

Abstract

Based on analysis of the results of the carried out observations in Bulgaria the article concludes that in the last years there is a process of continuing bending of the innovation market. The main reasons for this are connected with the delayed transformation of the innovation system of the country from administrative to market innovation demand and supply, with the changed in unfavorable direction international economic environment that is significant for the small and open economies as the Bulgarian. As a suggestion for solving the problem about the innovations market formulated is the necessity of using the experience of the European Union, namely – wide discussion and adopting the national innovation strategy and policy that will coordinate the activities of the main partners in the economic life of the society – the enterprises, the state institutions, the financial and public sector.

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