Innovation at the Bulgarian industrial enterprises

The Knowledge, Innovation and Strategies Management Club in partnership with HIRON Management Consulting has started an initiative to collect and publish information from Bulgarian industrial enterprises about existing innovations (products, services, processes, technologies, business models), by the means of which these enterprises have built sustainable competitive market position.

This initiative comes in response to the increased and often exaggerated critiques towards the state of innovation of the Bulgarian economy and its poor position in international innovation rankings. The position is that the efforts in the Bulgarian national innovation policy are discouraging compared to the high ambitions for the development of competitiveness and intelligent specialization in the context of Europe 2020. This is supported by the national statistics for R&D costs, R&D employment, innovation infrastructure, patents, special laws, etc. On the other hand, we, the team at KISMC, reckon that the statistics do not reflect the true state of the real sector.

Innovation at Bulgarian companies exist, compete with domestic and foreigh competitors and are forced to be innovative despite the non-existing practice of reporting their R&D expenses. This catalogue will be distributed by KISMC in partnership with other organisations both as printed publication and e-book in Bulgarian and English. The interested parties will be the Bulgarian and foreign business community, public institutions and trade representatives of Bulgaria.

The catalogue will be distributed at trade exhibitions and investment forums in Bulgaria and abroad, special workshops and seminars and other events. We believe that we can achieve two complimentary goals – for one, we will provide one more argument to support the fact that Bulgaria is a good investment and business place and we will also contribute for better market positioning of the featured organisations.