IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

Opportunities for Increasing the Innovation Potential of Bulgaria concerning Foreign Direct Investments and European Structural Funds

Listed author(s):
  • Iskra Christova-Balkanska

The paper discusses the role of FDI and the financial support from European Structural Funds (ESF) for increasing the innovation potential of the Bulgarian economy. The first part studies the degree to which the FDI inflow in Bulgaria contributes to the development of the innovative branches and services. The second part analyzes the financial support of ESF for creating the infrastructure of socially and economically significant projects, which would increase the innovation ability of the Bulgarian economy. It is assumed that the renovation of the economic and social environment could attract new quality FDI. As sources of external financing, FDI and ESF support the development of economic and social activities, which allow increase of the innovation potential of the Bulgarian companies. The evolution of some new productions and services allows suggesting that the FDI increase encourages their development. The study outlines that in order to attract quality FDI and to increase the use of ESF financial support, Bulgaria should identify reasonable economic goals, improve management and effectiveness of the production and services. Investments in smart comparative advantages allow creating a solid fundament of the knowledge economy.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL:
Download Restriction: Fee access

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Article provided by Bulgarian Academy of Sciences - Economic Research Institute in its journal Economic Studies.

Volume (Year): (2012)
Issue (Month): 3 ()
Pages: 95-107

in new window

Handle: RePEc:bas:econst:y:2012:i:3:p:95-107
Contact details of provider: Postal:
3, Aksakov Str., 1040, Sofia

Phone: (+359 2) 810 40 18
Fax: (+359 2) 988 21 08
Web page:

More information through EDIRC

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:bas:econst:y:2012:i:3:p:95-107. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Diana Dimitrova)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.