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Patents as a Means of Stimulating the Application of Open Innovation in Bulgaria

Author

Listed:
  • Radka Ivanova

    (University of Economics - Varna)

Abstract

Today, organizations need to develop their business in an uncertain and dynamic environment. This raises the need to look for ways to continuously innovate their products, processes, services to meet market requirements. Innovation is a prerequisite for success and gaining competitive advantages. Open innovation also enables organizations with fewer resources to develop innovative activities. The basis of the latter lies in the intellectual activity of the people, which is why ways of protecting it are sought. In this regard, the patents and the possibilities for licensing are important. Updating the statutory regulatory framework is important in the global context.

Suggested Citation

  • Radka Ivanova, 2017. "Patents as a Means of Stimulating the Application of Open Innovation in Bulgaria," Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, Union of Scientists - Varna, Economic Sciences Section, issue 1, pages 216-223, November.
  • Handle: RePEc:vra:journl:y:2017:i:1:p:216-223
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    File URL: http://www.su-varna.org/izdanij/2017/ikonomika-017-1/216-223.pdf
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    Citations

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    Cited by:

    1. Ventsislava Nikolova-Minkova, 2023. "Bulgarian and Foreign Patent Activity in Bulgaria and Bulgarian Patent Activity Abroad by Technological Areas and Fields for the Period 2010-2021," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 5, pages 82-114.

    More about this item

    Keywords

    innovation; open innovation; patents; licensing;
    All these keywords.

    JEL classification:

    • A00 - General Economics and Teaching - - General - - - General

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