Abstract

Innovations in enterprises and their evaluation are a real and significant problem regarding the transition to a new stage of economic development, as well as the related reformulation of enterprise development strategies and corresponding governmental policy. In this regard, the article aims to systematize the different positions on this problem. The positions of representatives from schools of economic thought at Brandeis, Harvard, Oxford and the University of Chicago and followers of Schumpeter, Porter, ordoliberals, etc. are distinguished. Different objectives of the renewal process are also established, respectively, in different evaluative contexts related to competition, enterprise size, welfare, general interest, new technological paradigms, etc., on the one hand, and various causes and consequences, on the other. The positions in the Bulgarian literature are grouped as those that reject the need for a change in the goal or those that define it as necessary and according to the goal’s content. In conclusion, it is summarized that modern discussions about innovations in enterprises and their evaluation are increasingly connected with current practical needs – the initiation of competition laws, solving contemporary challenges, the result of accelerating changes in the technologies used, etc. A recommendation is made to overcome the descriptive approach to problems of modernity in the Bulgarian economic literature and move to a problem-oriented one which aims at solving the current and emerging problems.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.