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European Innovation Policy In The Bulgarian Industrial Sector

Author

Listed:
  • Georgi Boyanov

    (South-West University “Neofit Rilski”, Blagoevgrad, Department of Management and marketing)

Abstract

The industrial sector in Bulgaria has undergone a significant transformation in recent decades. Since the country's accession to the European Union in 2007, Bulgaria has made significant efforts to modernise its industrial base and bring it in line with EU standards. While initially dominated by traditional industries such as metallurgy and textiles, Bulgaria is actively seeking to diversify and specialise in high value-added sectors, including advanced manufacturing, information and communication technologies and biotechnology. The aim of this paper is to examine the development of the industrial sector in Bulgaria in the context of European innovation policy. The main tasks to be accomplished are related to the study of the objectives, strategies and instruments implemented by Bulgaria to promote innovation and improve competitiveness in its industrial sector. The expected outcomes are: by analysing policy impact, successes and areas for improvement, to provide clarity on how Bulgaria's industrial sector can harness the potential of emerging innovations to remain competitive in an increasingly dynamic global market.

Suggested Citation

  • Georgi Boyanov, 2023. "European Innovation Policy In The Bulgarian Industrial Sector," Entrepreneurship, Faculty of Economics, SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD, vol. 11(2), pages 21-30.
    • Handle: RePEc:neo:epjour:v:11:y:2023:i:2:p:21-30
    DOI: 10.37708/ep.swu.v11i2.2
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    More about this item

    Keywords

    innovation policy; innovation system; instruments for innovation policy; industrial sector;
    All these keywords.

    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
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O36 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Open Innovation

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