IDEAS home Printed from https://ideas.repec.org/a/ssi/jouesi/v12y2025i3p73-87.html
   My bibliography  Save this article

Did Bulgarian innovative business manage to cope with COVID-19 crisis – a point of view of the future generation of business managers

Author

Listed:
  • Kiril Anguelov

    (Technical University of Sofia, Bulgaria)

  • Miglena Angelova

    (University of National and World Economy, Bulgaria)

Abstract

It is hard to measure, just a few years after the pandemic, the negative impact in all dimensions that COVID-19 and all restrains and social isolation measures had on the economy at all levels (national, international, and global). Nevertheless, the current paper presents the attitude and opinion of Bulgarian students in Business Administration, assessing whether Bulgarian businesses managed to cope successfully with all challenges during and immediately after the COVID-19 pandemic. There is a special focus on the innovative intensive sector of the economy and the ability of the companies in their sectors to cope with challenges, compared with the rest of business organisations. The paper presents the results of 2-year surveyed students in their final year of a Bachelor's degree in Business Administration. Our results reveal that students assess very positively the decisions and changes that the management of the explored companies had made to cope with the difficulties coming from COVID-19 restrains and crises. According to them, companies in innovative-intensive sectors were more able, flexible and change-oriented during crises. Therefore, companies in these innovative-intensive sectors were more prepared for the challenges of the pandemic turmoil, and their recovery level was higher than those in the rest of the sectors. However, students show great confidence in the decisions of the company's management, and the majority accept all activities made by the management to overcome the negative consequences of COVID-19 without any further comments or recommendations. Their average score is perfect 5,06 (in maximum 6,00). This highly positive assessment could be explained in two major lines: firstly, students do not have sufficient business experience in real environments and, therefore, are more willing to trust and accept management decisions. Second line: this very positive result could be based on the lack of sufficient critical thinking, and here is the crucial role of academic education.

Suggested Citation

  • Kiril Anguelov & Miglena Angelova, 2025. "Did Bulgarian innovative business manage to cope with COVID-19 crisis – a point of view of the future generation of business managers," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 12(3), pages 73-87, March.
  • Handle: RePEc:ssi:jouesi:v:12:y:2025:i:3:p:73-87
    DOI: 10.9770/k4774454923
    as

    Download full text from publisher

    File URL: https://jssidoi.org/jesi/uploads/articles/47/Anguelov_Did_Bulgarian_innovative_business_manage_to_cope_with_COVID19_crisis__a_point_of_view_of_the_future_generation_of_business_managers.pdf
    Download Restriction: no

    File URL: https://jssidoi.org/jesi/article/1278
    Download Restriction: no

    File URL: https://libkey.io/10.9770/k4774454923?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    digitalization; higher education institutions; digital educational resources; digital education; COVID-19;
    All these keywords.

    JEL classification:

    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General
    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ssi:jouesi:v:12:y:2025:i:3:p:73-87. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Manuela Tvaronaviciene (email available below). General contact details of provider: .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.