Macroeconomic Features of the Innovation Process in the Bulgarian Economy Cover Image

Особености на иновационната активност в българската икономика
Macroeconomic Features of the Innovation Process in the Bulgarian Economy

Author(s): Evgeni Filipov
Subject(s): National Economy, Supranational / Global Economy, Socio-Economic Research
Published by: Икономически университет - Варна
Keywords: Innovation; Technological change; R&D expenditure

Summary/Abstract: The article examines the aggregate results of the innovation activity in the economy of Bulgaria. Innovation has become the cornerstone of modern economy, reflecting the increasing importance of technology in the production function, and playing an important role in developing competitive advantages of the national economy. In this article, the aggregate innovation performance of the Bulgarian economy is evaluated, based on expert international reports and analyses. To determine some of the causes for the unsatisfactory performance, a structural analysis of the expenditure on research and development activities aims to determine certain specifics of the Bulgarian model.

  • Issue Year: 60/2016
  • Issue No: 2
  • Page Range: 144-158
  • Page Count: 15
  • Language: Bulgarian