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Strategic Entrepreneurship as a Main Factor for the Development of Economic Zones in Bulgaria

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  • Radko Radev

Abstract

Although the field of strategic entrepreneurship in business organisations is well-established, it is relatively understudied in government organisations and NGOs. It is even more understudied as regards economic zones. The main goal of this article is to prove the leading role of strategic entrepreneurship in developing economic zones. In view of achieving this goal, the article presents the main types of economic zones and the factors for developing their competitiveness. Three main stakeholder organisations related to the economic zones are set forth, considering their characteristic Entrepreneurship-Strategic Management Interface – ESMI. A theoretical framework of strategic entrepreneurship in economic zones is proposed, and qualitative research is carried out by considering two case studies in Bulgaria. These two cases differ in ownership (public and private), goals, strategies, and management. The research results show the importance of strategic entrepreneurship as a factor for the development of economic zones in Bulgaria. This significance is manifested in both surveyed organisations.

Suggested Citation

  • Radko Radev, 2022. "Strategic Entrepreneurship as a Main Factor for the Development of Economic Zones in Bulgaria," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 5, pages 86-110.
    • Handle: RePEc:bas:econst:y:2022:i:5:p:86-110
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    References listed on IDEAS

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    More about this item

    JEL classification:

    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs; Social Entrepreneurship
    • L12 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Monopoly; Monopolization Strategies

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