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Ivan Angelov
Impact of Industry 4.0 on the Foreign Direct Investment Attraction Factors
Summary:
The tendency towards increasing digitalization, automation and robotics in numeral branches of the economy reflects on different aspects of the international business affairs. The paper examines the impact of the upcoming fourth industrial revolution on the foreign direct investment (FDI) attraction and realization processes. It studies the specific features of Industry 4.0, stressing their importance for the stakeholders in FDI.
The main problem examined in the article is the shifting of the key FDI attraction factors that is expected due to the industrial revolution. The analysis of the FDI attraction factors amendment finds that we can expect changes in the behaviour and priorities of FDI stakeholders, but not a decrease in the international capital flows.
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Matilda Alexandrova
Knowledge-Based Economy – Driving Forces and Indicators
Summary:
The idea for replacement of capital by knowledge as the main source of progress provides ground for the idea of “knowledge-based economy”. This is an economic system in which knowledge appears to be a dominating resource in the same way as – in a former period of development – capital outweighed the land as a source of economic power during the shift from pre-industrial to industrial society. The paper outlines several groups of indicators that typically identify the degree of development of the knowledge-based economy: employment structure (relative shares of employed by economic sectors and sub-sectors, along with the change in these shares), education level (access to relevant professional and higher education; relative share of expenditures for education -general and vocational- in GDP), R&D (researchers by scientific areas; investments in R&D as % of GDP; structure of R&D funding, particularly the share of private funding), etc.
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Ivaylo Stoyanov
Indicators to Managing High Tech Enterprises
Summary:
In the crisis circumstances, technological enterprises can win if they change the way to make successful business. Therefore we think that they give a new meaning the rules for sustainable development. The fetch must be concentrates not only the customers needs. That is one of the possibilities for successful business. Because they change repeatedly their needs, the organizations not always be react in time. In this point of view high tech enterprises must be recognize the indicators that influence for successful management.
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Galya Taseva
Innovation and Financial Performance of SMEs in Bulgaria
Summary:
: The relationship between innovation activity and the financial performance of SMEs in Bulgaria is examined. The survey results show that there is no statistically significant relationship between the innovation activity of enterprises and their financial results, net sales, profit margins, return on assets (ROA), return on equity (ROE) and asset turnover. However, a significant dependence of the innovative activity of SMEs in the country and indicators of their liquidity, indebtedness and bankruptcy risk are revealed. SMEs that have innovation costs or have introduced in their market a new or significantly improved product, or have introduced new or significantly improved production methods in the last three years, are less liquid, more indebted and more likely to go bankrupt.
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Hristo Sirashki
Innovation Management – an Alternative for the Ecologization of Activities in the Mining Industry
Summary:
This paper deals with some theoretical issues concerning innovation management. The emphasis falls on the importance of keeping the environment clean and the activities carried out in the mining industry. It analyzes and evaluates the results of a study on the state of certain sites for raw materials mining. It also draws conclusions on the management of innovations concerning the ecologization of the mining industry.
