Going for Smart Growth : Making Research and Innovation Work for Bulgaria
This policy note provides a detailed assessment of Bulgaria's innovative capacity and offers policy recommendations to increase the impact of science and innovation. Part one of the policy note provides an assessment of Bulgaria's innovat...
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| Language: | English en_US |
| Published: |
Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2012/06/16373409/going-smart-growth-making-research-innovation-work-bulgaria http://hdl.handle.net/10986/12896 |
| Summary: | This policy note provides a detailed
assessment of Bulgaria's innovative capacity and offers
policy recommendations to increase the impact of science and
innovation. Part one of the policy note provides an
assessment of Bulgaria's innovation capacity in the
public and private spheres. Specifically, the note examines:
(i) recent trends in Bulgaria's export performance,
benchmarking Bulgaria relative to comparator countries; (ii)
the characteristics of innovation activities in
Bulgaria's private sector, as seen by enterprise
surveys; (iii) developments in technological invention and
scientific production, by analyzing the statistics about
patents granted in the US Patent and Trademark Office
(USPTO) and the European Patent Office (EPO) as well as data
on scientific publications. Part two provides
recommendations that could facilitate the implementation of
the NRP and the Scientific Research Strategy, including
sectoral analysis to guide innovation policy in priority
industries. The recommendations are divided into the
following areas: (i) attaining the 1.5 percent Research and
Development, or R&D and Gross Domestic Product, or GDP
target under the Europe 2020 strategy; (ii) strengthening
the institutional and policy framework for research and
innovation; (iii) achieving better results from national
funding instruments, the National Innovation Fund and the
National Science Fund; (iv) increasing absorption of
European Union (EU) funds targeting innovation; and (v)
developing targeted innovation policies and instruments for
priority sectors. |
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