Innovation and technological development as a strategic advantages of mining company Cover Image

Иновации и технологичното развитие като стратегически предимства на минното предприятие
Innovation and technological development as a strategic advantages of mining company

Author(s): Borislava Galabova, Boryana Trifonova
Subject(s): National Economy, Business Economy / Management, Energy and Environmental Studies
Published by: Икономически университет - Варна
Keywords: innovation; technological development; strategic advantage; innovation capacity; mining enterprise
Summary/Abstract: Innovation is the foundation of economic development and growth. The state of the country’s innovation system is determined by the innovation activity of the enterprises, their technological and innovational capacity and focus on development and implementation of innovations. This issue acquires even greater relevance in the context of the need to increase the competitiveness of the economy in a timely manner. In this sense, the main purpose of the study is to highlight the role of the innovational and technological development as strategic advantages of the mining enterprise, ensuring high competitiveness and good financial-economic results