INNOVATION DEVELOPMENT OF THE FURNITURE INDUSTRY IN BULGARIA

Radostina Popova ()
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Radostina Popova: University of Forestry, Sofia, Bulgaria

CBU International Conference Proceedings, 2019, vol. 7, issue 0, 256-261

Abstract: This paper presents an analysis of the innovation performance of furniture enterprises in Bulgaria for two periods – before the economic crisis and after it. It contains general characteristics of the Furniture industry (structure of the enterprises, different type of production, export and import) and the results of the surveys of the innovation activity for two 3 year periods. The results from the studies are of the periods: 2006-2008 (563 enterprises) and 2014-2016 (358 enterprises) and are based on officially used EU definitions and indicators (European Commission, OECD, Oslo Manual), which allows for comparability of results. The used indicators are: introduced product innovations, introduced process innovations, introduced organizational innovations, introduced marketing innovations, revenues and costs of innovation and financing of the innovation activities. The results of the comparative analyses of the innovation activity of the furniture enterprises in Bulgaria for the two periods under review showed an increase in: the innovation expenditures and revenues from innovative products, the process innovations - additional activities and the financing of innovation activities by the EU. It also showed a decrease in the number of furniture enterprises, product innovations, process innovations and organizational innovations.

Keywords: Innovations; R&D; Furniture; Revenues; Expenditures (search for similar items in EconPapers)
JEL-codes: L73 O31 O32 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:aad:iseicj:v:7:y:2019:i:0:p:256-261

DOI: 10.12955/cbup.v7.1370

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