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The Innovation Market in Bulgaria

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  • Rossitsa Chobanova

Abstract

Based on analysis of the results of the carried out observations in Bulgaria the article concludes that in the last years there is a process of continuing bending of the innovation market. The main reasons for this are connected with the delayed transformation of the innovation system of the country from administrative to market innovation demand and supply, with the changed in unfavorable direction international economic environment that is significant for the small and open economies as the Bulgarian. As a suggestion for solving the problem about the innovations market formulated is the necessity of using the experience of the European Union, namely – wide discussion and adopting the national innovation strategy and policy that will coordinate the activities of the main partners in the economic life of the society – the enterprises, the state institutions, the financial and public sector.

Suggested Citation

  • Rossitsa Chobanova, 2001. "The Innovation Market in Bulgaria," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 7, pages 92-113.
    • Handle: RePEc:bas:econth:y:2001:i:7:p:92-113
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    Cited by:

    1. Rossitsa Chobanova, 2003. "Innovation and economic development," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 3-35.

    More about this item

    JEL classification:

    • 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

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