Issue |
SHS Web Conf.
Volume 116, 2021
10th Annual International Conference “Schumpeterian Readings” (ICSR 2021)
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Article Number | 00050 | |
Number of page(s) | 5 | |
DOI | https://doi.org/10.1051/shsconf/202111600050 | |
Published online | 30 July 2021 |
Expenditures for innovations and foreign direct investments in Bulgaria - regional aspects, features and trends
St. Cyril and St. Methodius University of Veliko Tarnovo, T. Tarnovsky 2, Veliko Tarnovo, 5003, Bulgaria
* Corresponding author: m.petrova@ts.uni-vt.bg
The study examines the costs of innovation and foreign direct investment by district (NUTS 3), Planning regions (NUTS 2) and Regions (NUTS 1), according to the classification of territorial units for statistical purposes. The main trends in their development are outlined. The authors believe that foreign direct investment is closely linked to the cost of innovation. Of particular importance is the view that the intensity of R&D expenditure by statistical regions and districts almost coincides with foreign direct investment. The results of the analysis confirm the strong disproportion in recent years in the distribution of direct investment and R&D expenditures, which leads to the formation of a highly developed center - Sofia district (capital) and weak periphery - all other districts.
© The Authors, published by EDP Sciences, 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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