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Economic Entrepreneurial Growth: Bulgarian Case

Author

Listed:
  • Nikolay Sterev

    (University of National and World Economy, Sofia, Bulgaria)

  • Fahri Idriz

    (Technical University, Sofia, Bulgaria)

Abstract

Entrepreneurial theories and entrepreneurship have gained relevance and importance during the Covid-19 pandemic and post-pandemic period as the pandemic restrictions cut off some traditional business and work relations. The main question is: Is entrepreneurship a safety net for the economies? Looking at the latest entrepreneurial theories, the role of the entrepreneurial business and entrepreneurs rapidly increased in recent days, given the development of start-ups, academic spin-offs, etc. Based on the emerging trends of co-creation and co-working, entrepreneurial business is getting a boost nowadays. Universities as an innovative center also contribute to this emerging trend. The paper aims to find another perspective for the entrepreneurial development: regional growth and development. Some theoretical background of entrepreneurship and entrepreneurial growth has been provided in the first section of the article, the methodological approach to regional growth through entrepreneurial development, in particular the Bulgarian case, in the second, and the practical implications of the given methodology – in the third section. The expected effects are given in the fourth section, and conclusions are made in the last one.

Suggested Citation

  • Nikolay Sterev & Fahri Idriz, 2023. "Economic Entrepreneurial Growth: Bulgarian Case," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 3, pages 533-544, September.
    • Handle: RePEc:nwe:eajour:y:2023:i:3:p:533-544
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    File URL: https://www.unwe.bg/doi/eajournal/2023.3/EA.2023.3.05.pdf
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    More about this item

    Keywords

    Regional Development; Bulgaria; Entrepreneurship; entrepreneurial growth;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • L53 - Industrial Organization - - Regulation and Industrial Policy - - - Enterprise Policy
    • O20 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - General

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