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Industrial Property – Economic Resource for Competitive Innovation Development of Bulgarian Firms

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  • Pavlinka Ileva-Naidenova

Abstract

In the context of the theory of the knowledge economy, the paper interprets the role of the industrial property for improving the competitiveness of the firms and the significance of the patent-license firm policy for their innovative development. Based on analysis, the article formulates conclusions on using the intellectual property in the firms in Bulgaria: a) Exclusive rights on the objects of industrial property do not provide real economic benefits to the Bulgarian firms. b) The imitators are a serious threat to the industrial property of the firms, and the increase of the number of violations of the rights of the industrial property is a main problem in all sectors. c) The weak activity of the technological market in Bulgaria is a direct result of the low technological profile of the Bulgarian economy and of the lack of motivation of the firms creating and introducing new technological solutions. In conclusion the paper makes the statement that the industrial property is not considered and used as an economic resource by the firms in Bulgaria.

Suggested Citation

  • Pavlinka Ileva-Naidenova, 2012. "Industrial Property – Economic Resource for Competitive Innovation Development of Bulgarian Firms," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 163-176.
  • Handle: RePEc:bas:econst:y:2012:i:2:p:163-176
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    More about this item

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital

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