Dynamics of the Innovative Activities and the Long-term Intangible Assets of Micro, Small and Medium-sized Enterprises in Bulgaria
The present report contains a retrospective analysis of the innovative activities of micro, small and medium-sized enterprises in Bulgaria. It discusses the national innovation policy in the conditions of an economic crisis. The problematic spheres are commented. The innovation index of Bulgarian companies is accepted as the main criterion and indicator as a composite measure of innovation activity, which distinguishes between the levels of novelty of an innovation (new to the company, new to the national market and new internationally) and the types of innovations combined by a company (product, process, marketing and/or organizational). Four years analysis is made for the innovation intensity in Bulgarian firms. As a result total number of enterprises which introduce different innovations increased between 3 and 9 percent. In this paper the relationship between innovation intensity and the volume of firm's intangible assets is found. A four-year retrospective analysis is made of the long-term intangible assets (LTIA) of micro, small and medium-sized enterprises on the basis of their balance sheets. The statistic data have been processed graphically. The development trends are outlined by economical sectors. The authors conclude that Bulgaria needs an integrated national strategy for scientific, technological and innovation development, for defining priorities (economic sectors, technological fields) which will become the driving factor for the development of the economy as a whole; for applying working mechanisms in order to achieve the strategic goals of Bulgaria as part of the EU.
|This chapter was published in: Hristo Krachunov & Snezhanka Ovcharova , , pages 77-85, 2011.|
|This item is provided by International School for Social and Business Studies, Celje, Slovenia in its series Knowledge as Business Opportunity: Proceedings of the Management, Knowledge and Learning International Conference 2011 with number 77-85.|
|Contact details of provider:|| Web page: http://www.issbs.si|
When requesting a correction, please mention this item's handle: RePEc:isv:mklp11:77-85. 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: (Alen Ježovnik)
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.