Economic Entrepreneurial Growth: Bulgarian Case

Nikolay Sterev and Fahri Idriz
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Nikolay Sterev: University of National and World Economy, Sofia, Bulgaria
Fahri Idriz: Technical University, Sofia, Bulgaria
Authors registered in the RePEc Author Service: Николай Щерев

Economic Alternatives, 2023, issue 3, 533-544

Abstract: Entrepreneurial theories and entrepreneurship have gained relevance and importance during the Covid-19 pandemic and post-pandemic period as the pandemic restrictions cut off some traditional business and work relations. The main question is: Is entrepreneurship a safety net for the economies? Looking at the latest entrepreneurial theories, the role of the entrepreneurial business and entrepreneurs rapidly increased in recent days, given the development of start-ups, academic spin-offs, etc. Based on the emerging trends of co-creation and co-working, entrepreneurial business is getting a boost nowadays. Universities as an innovative center also contribute to this emerging trend. The paper aims to find another perspective for the entrepreneurial development: regional growth and development. Some theoretical background of entrepreneurship and entrepreneurial growth has been provided in the first section of the article, the methodological approach to regional growth through entrepreneurial development, in particular the Bulgarian case, in the second, and the practical implications of the given methodology – in the third section. The expected effects are given in the fourth section, and conclusions are made in the last one.

Keywords: Regional Development; Bulgaria; Entrepreneurship; entrepreneurial growth (search for similar items in EconPapers)
JEL-codes: L26 L53 O20 (search for similar items in EconPapers)
Date: 2023
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