IDEAS home Printed from https://ideas.repec.org/a/nwe/iisabg/y2022i3p5-17.html
   My bibliography  Save this article

Innovative Companies as a Factor for Economic Growth of the National Economy

Author

Listed:
  • Dimitar Blagoev

    (University of National and World Economy, Sofia, Bulgaria)

  • Radostin Boyadzhiev

    (University of National and World Economy, Sofia, Bulgaria)

Abstract

Traditionally, innovative companies are associated with high added value and potential for exponential growth. This defines their place as an important factor in the growth of national economies. The prevailing opinion in modern economy is that the development of innovation (hence the innovative companies) will lead to several positive results for the national economy: competitiveness, high added value, growth, modern jobs, “green†economy and others. The present study aims to answer the question of whether Bulgarian innovative companies are a factor for economic growth of the national economy in view of the programs and policies for the promotion and development of innovation in Bulgaria.

Suggested Citation

  • Dimitar Blagoev & Radostin Boyadzhiev, 2022. "Innovative Companies as a Factor for Economic Growth of the National Economy," Ikonomiceski i Sotsialni Alternativi, University of National and World Economy, Sofia, Bulgaria, issue 3, pages 5-17, September.
    • Handle: RePEc:nwe:iisabg:y:2022:i:3:p:5-17
    as

    Download full text from publisher

    File URL: https://www.unwe.bg/doi/alternativi/2022.3/ISA.2022.3.01.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    economy; innovation; Growth; firm (business organization or enterprise);
    All these keywords.

    JEL classification:

    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • D92 - Microeconomics - - Micro-Based Behavioral Economics - - - Intertemporal Firm Choice, Investment, Capacity, and Financing
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity

    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:nwe:iisabg:y:2022:i:3:p:5-17. 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: Vanya Lazarova (email available below). General contact details of provider: https://edirc.repec.org/data/unweebg.html .

    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.