• Generational motivation differences at the R&D centers: Gen Y and Gen Z

    Innovations, Vol. 7 (2019), Issue 2, pg(s) 50-53

    There often seem to be differences in work values between employees (and managers) who are from different generation. There has been a continuing debate about the extent to which Gen Yers and Zers are motivated by similar values and processes as those from earlier generations, who were already in the workplace when earlier studies were conducted. An associated question might be whether Gen Yers (many of whom are now working as junior and middle managers) and Zers that work on R&D center subscribe to similar motivational techniques and theories as those managers who were born in an earlier generation. Although there has been a great deal of speculation and opinion regarding the motivation of the Generation Y and Z that work on R&D center, there has been relatively little formal research.

  • Innovative role of the regional educational system: Response to the challenges of the new economy

    Innovations, Vol. 7 (2019), Issue 2, pg(s) 47-49

    Industry 4.0 has a significant impact on the economic and social sphere of society. Changes in the economic system give rise to a number of social risks associated primarily with the labor market, occupational structure and employment. In the article the social risks of the digital economy, identifies threats and challenges to the education sector are systematized. Contradictions of the functioning of educational institutions are described. The innovative role of the educational system, which it can play in regional development, is defined. Innovative approaches to the development of the education system based on existing experience are proposed.

  • Importance of mathematical modeling in innovation

    Mathematical Modeling, Vol. 3 (2019), Issue 1, pg(s) 32-34

    Mathematical modeling is the key parameter in designing new devices. Renewable energy technologies are getting higher importance in the near future. Mathematical modeling of circulating fluidized bed (CFB) biomass combustion could improve both their design and operation, reduce any associated problems and facilitate the implantation of this technology. A good understanding of the combustion and pollutant generating processes in the gasifier can greatly avoid costly upsets. Presently, there is a focus on developing models of CFB for burning biomass and waste material. The objectives of these models are to be able to predict the behavior with respect to the combustion efficiency, fouling problems and pollutant emissions performance of different fuels or mixtures in commercial CFBs. In this study, importance of mathematical modeling in designing CFB biomass gasifiers is investigated in view of innovative solutions.

  • POSSIBILITIES FOR SOCIAL ENTREPRENEURSHIP INWINE INDUSTRY: AN EXPLORATORY APPROACH

    Science. Business. Society., Vol. 4 (2019), Issue 1, pg(s) 15-18

    Social entrepreneurs cleverly combine business techniques and private sector approaches in order to develop solutions to social, cultural, or environmental problems, and do so in a variety of organizations. All European countries need to promote the entrepreneur spirit, to stabilize the institutional and cultural environment for innovations, and to increase the number of socially oriented small and medium sized enterprises (SMEs). This exploratory approach is focused on SMEs from wine industry, positioned in Plovdiv territorial unit, Bulgaria. It presents opportunities to enrich company’s innovation strategies with a view to increase the share of social enterprises and the motivation of employees and owners to implement “good practices” for social entrepreneurship. This study offers different perspectives for observing the phenomenon social entrepreneurship, opportunities for financing and National policies that are focused on their encouragement.

  • TECHNOLOGICAL PARKS AND ZONES, BUSINESS INCUBATORS AND CLUSTERS IN BULGARIA AT THE BASE OF INDUSTRIAL COMPETITIVENESS

    Innovations, Vol. 7 (2019), Issue 1, pg(s) 18-20

    This paper examines the current organizational structures of business in Bulgaria – industrial zones, technology parks, business incubators and clusters with their products, which are based on innovative projects. Made a description of the design analysis of investment projects. The descriptions follow a common structure to facilitate the work of the user, but also to promote the standardization of procedures for analysis and reporting and to facilitate communication between those who propose projects for evaluation and their evaluators. Attached are the results of experimental verification and are statistically lip service given in graphical form.

  • BUSINESS CRISES AND THEIR IMPACT ON ENTREPRENEURSHIP IN BULGARIA

    Industry 4.0, Vol. 4 (2019), Issue 1, pg(s) 57-60

    Every business organization faces a crisis at a certain point in its development. Crisis phenomena for overcoming preventive measures can lead to serious economic and social problems for the organization or its bankruptcy. The crisis is a widely held view and its indications affect different aspects of the financial, social, spirit life of the nation. It’s important to accent not only to the consequences of its manifestation but also to the opportunities for overcoming. This study focuses to analyze the factors for creating conditions for business entrepreneurship in order to draw attention to the opportunities for achieving lasting success for the Bulgarian society. This report aims to systematize key factors for the emergence of crises and their impact on innovation and entrepreneurial mindset. A questionnaire was used to collect data from a sample of 215 entreprises which were selected through stratified random sampling method. Collected data were analyzed using descriptive and inferential statistics with the aid of Statistical Package for Social Sciences (SPSS). The study revealed that innovativeness, creativity, business alertness and risk taking were significant for successful implementation of innovations and affecting performance of Bulgarian enterprises. The results show that crises are somewhat the driving force behind the creation of innovation and are a prerequisite for the emergence of modern forms of entrepreneurship so necessary to stabilize the economic system.

  • INNOVATION POTENTIAL OF AUGMENTED TECHNOLOGIES IN INDUSTRIAL CONTEXT

    Industry 4.0, Vol. 4 (2019), Issue 1, pg(s) 24-28

    The goal of this paper is to provide a resource that can be used by the Augmented Reality research community and practitioners to understand the most recent potentials for application of the innovative Augmented Reality technology in various industry. Firstly, it is described mainly the role of the Augmented Reality in logistics and maintenance. Secondly, the paper provides an overview of research papers in the period 2008-2018 in the field of Augmented Reality for facilitating and supporting industrial applications.
    By efforts of research, review and classification the author outlines both opportunities and challenges for spreading the Augmented Reality applications in smart manufacturing environments that will provide the baseline for further discussion and research in this direction.
    Presenting this survey the author aims at creating an active community that further discusses the future development of Augmented Reality particularly in Supply Chain Management. Future steps will be taken in research workshops and online community work.

  • INNOVATION POLICY AND INNOVATION MANAGEMENT

    INNOVATION OF POLISCH AND GERMAN COMPANIES

    Innovations, Vol. 6 (2018), Issue 2, pg(s) 48-51

    The changing environment and constantly growing and already global competition compel companies to keep innovating. The ability to implement innovations faster than rivals makes it possible for them to achieve the best market positions. A high level of innovation, however, does not always have to be the domain of the largest business entities. This article discusses completely different companies, which, though being smaller, and also somewhat hidden, occupy key positions on global markets. The level of their innovation often exceeds that of large corporations. The research, a fragment of which is presented here, was conducted on the German and Polish markets. Due to the specific features of this group of companies, the selection of the sample was deliberate. The research objective of the article was to assess the innovative activity of Polish and German hidden leaders.

  • INNOVATION POLICY AND INNOVATION MANAGEMENT

    REFORMING THE NATIONAL SYSTEM OF INTELLECTUAL PROPERTY PROTECTION IN UKRAINE

    Innovations, Vol. 6 (2018), Issue 2, pg(s) 44-47

    In the article the essence and content of the reform of The National system of intellectual property. Investigated the current state and problems of development of the intellectual property system, identifies the main factors: economic, social and political that prevent its development, and the prospects of its development.

  • THEORETICAL PROBLEMS IN INNOVATIONS

    INNOVATIVE OBSOLESCENCE AND ITS IMPACT ON PRODUCTION DEVELOPMENT OF INDUSTRIAL PRODUCTS

    Innovations, Vol. 6 (2018), Issue 1, pg(s) 7-9

    Contemporary industrial development of industrial products defines a new attitude towards their innovative obsolescence, which is of major importance to physical obsolescence. The purpose of this article is to clarify the essence and establish the impact of innovation obsolescence on the socio-economic and social outcomes of this activity. Assessing the impact of this activity on the scale and timing of manufactured industrial products is of the utmost importance for the timely removal of the negative effects of the innovation impact. It arises under the impact of new innovative solutions with more advanced, more productive and better techno-economic indicators than those introduced before.

  • BUSINESS

    SUMMARY OF INNOVATION MODELS ON A COMPANY LEVEL – CREATING A FRAMEWORK FOR AN INNOVATION MODEL THAT WILL INCREASE A COMPANY’S INNOVATION ACTIVITY

    Science. Business. Society., Vol. 1 (2016), Issue 6, pg(s) 23-26

    There are six known and generally accepted generations of innovation models. Innovation models transform from simple, linear models, to integrated and networking models that are dynamic and interactive. Each generation of innovation models is presented in this paper with their characteristics as well as drawbacks. The main goal of this paper is to show the transformation path of innovation models and create a framework for a new innovation model on a company level, that could be used by companies to increase their innovative activity and performance. Innovation models define the innovation process and its phases. The framework for the new innovation model includes feedback that was lacking in the first and the second generation of innovation models, but is included in the other generations. It also includes integrated and networking activities which are a characteristic of the third and fourth generation of innovation models. Another component of the model is the usage of information and communications technology (ICT) to facilitate the process of innovation, which is one of the characteristic of the fifth generation of innovation models. It uses a process approach and is based on the open innovation model, which is the signature model from the sixth generation of innovation models and best represents the complex system and characteristic of innovation. The model is supposed to help companies generate innovative ideas and select them through a predetermined process with four main components that act as control points. The purpose of this model is to create a continuous culture for innovation and to set up official procedures. These will help companies to accomplish their innovative ideas and activities.

  • BUSINESS

    SELECTED ASPECTS OF PATENT PROTECTION IN SMALL AND MEDIUM-SIZED ENTERPRISES: A LITERATURE REVIEW

    Science. Business. Society., Vol. 1 (2016), Issue 3, pg(s) 47-49

    The aim of this paper is to show the importance of patent protection in small and medium-sized enterprises and to identify the major challenges for intellectual property management faced by this group of companies. The study provides a literature review on patent activity in small and medium-sized enterprises. On this basis, it can be concluded that small firms may be disadvantaged by their size in the use of patent protection. Consequently, most companies prefer informal appropriation mechanisms, such as secrecy, lead time advantage or complexity of product design. The reasons for the relatively low patent activity of small and medium-sized enterprises is the lack of sufficient funds and knowledge on the management, as well as the limited capacity of exercising their intellectual property. The article also identifies the most promising directions of further research and articulates a number of recommendations both for managers as well as for policy makers.