• INNOVATION POLICY AND INNOVATION MANAGEMENT

    Waste reduction – a factor for intelligent and sustainable growth and higher competitiveness

    Innovations, Vol. 12 (2024), Issue 1, pg(s) 10-13

    This publication analyses the process of transforming the online economy into a circular one. The focus of the analysis is on the progress of the European Union member states in reducing waste. Member States’ progress towards a circular economy is slow. The circular business model should not be seen as wishful thinking, because it will be crucial for companies in the future. The circular economy is at the heart of the European Green Deal and plays a key role in decarbonisation and achieving climate neutrality by 2050 and in the fight against pollution. Circular economy means smarter use of resources. The circular economy is built using sustainable economic models based on innovation and technology to allow the repeated use of the same resources. Achieving a zero carbon footprint on the natural environment by 2050. is the top priority. This would only be possible if the world moves towards a circular economy, and this is one of the highlights of the Green Deal, while also aiming to increase the competitiveness of the economy.

  • BUSINESS & “INDUSTRY 4.0”

    Application of Innovation in the Event Tourism in Azerbaijan

    Industry 4.0, Vol. 8 (2023), Issue 5, pg(s) 173-174

    The role of event tourism in Azerbaijan is increasing each year slightly by taking place in sports events, festivals, musical competitions, and tourism fairs. Since 2012 when Eurovision Song Contest was held in Baku, Azerbaijan has become one of the event centers in the world. As the number of events held in Baku increases, tourist arrivals also increase slightly. By mentioning event tourism, festivals, seminars, meeting events, and some other events are taken into consideration.
    As different events are held in Azerbaijan every year, there is a huge need for the application of innovative approaches. In this article, different innovation examples, as well as the impact of event tourism have been researched

  • SOCIETY & ”INDUSTRY 4.0”

    Sustainable development through corporate social responsibility policy in Bulgaria’s biosector

    Industry 4.0, Vol. 5 (2020), Issue 4, pg(s) 194-197

    The bioeconomy, as a complementary segment of the circular economy, encompasses all sectors and systems that rely on biological and environmental resources, their functions and principles. It can lead to the discovery of new opportunities to provide food, goods and energy without depleting the planet’s limited biological resources. It can turn algae into fuel, recycle plastics, produce furniture or clothing from waste, and create organic fertilizers from industrial waste products. It has the potential to create over a million new “green jobs” by 2030. Bio-sector enterprises play a key role in accelerating the achievement of the UN’s global goals. They contribute to reducing climate change and waste, creating new jobs and building sustainable development in a modern society. Corporate social responsibility is a concept that reflects the quality of the relationship between an organization and society. According to the European Commission’s Green Paper, Corporate Social Responsibility (CSR) is “a concept that serves companies as a basis for voluntarily integrating social and environmental aspects into their business strategies and relationships with all stakeholders.”
    The purpose of this report is to examine how the principles of corporate social responsibility affect biosector enterprises in Bulgaria and the adequacy of the country’s policy to engage them to adopt global goals for sustainable development. The results of the study show that CSR is not seen as a one-time act, but as a sustainable process, helping to balance the three pillars of sustainable development – economic growth, social development and environmental protection.

  • BUSINESS

    Investigation of the degree of maturity of bio-enterprises in relation to the global sustainable development goals

    Science. Business. Society., Vol. 5 (2020), Issue 3, pg(s) 100-103

    Growing environmental problems and the uneven distribution of wealth around the world raised questions more than forty years ago about how to achieve sustainability. The United Nations Commission on the Environment and Development (WCED), formed in the autumn of 1983 and chaired by Gru Harlem Bruntland, draws accurate and concrete conclusions using full information from all over the world on the state of the planet and develops a report called “Our Common Future”. Along with all the conclusions and recommendations, the Bruntland report introduces the concept of “sustainable development” which reads: Sustainable is a development that achieves the vital needs of the current generation without being deprived of it (ie without The leading aspect in this definition is the idea of reconciling the satisfaction of human needs with the limited resources, as well as the equality between the present and the future generations. The report demonstrates the need for a radical change in human activity to date and the need to establish sustainable development on a global scale. The conference in Rio de Janeiro (Brazil) in 1992 played a crucial role in affirming the concept of sustainable development in modern society. combining the harmonious interaction between economic prosperity, social justice and a preserved environment. The purpose of this report is to present the results of a study on the degree of maturity of management in bio-sector enterprises to adopt global sustainable development goals and link them to their business practices.The results of the present study confirm the thesis that the modification of the current socio-economic model of development there is no alternative. The main non-reproducible energy and raw materials sources are about to run out in the foreseeable future.

  • BUSINESS & “INDUSTRY 4.0”

    Introduction of Industry 4.0 in Industrial Enterprises: Problems and Challenges

    Industry 4.0, Vol. 5 (2020), Issue 2, pg(s) 84-86

    This publication analyzes the opportunities, problems and challenges associated with the implementation of Industry 4.0 in Bulgarian industrial enterprises in condition of a dynamic changing competitive environment and extending digitalization. An analysis is made on the base of the four fundamental principles that are used for application of solutions related to the implementation of Industry 4.0 and that influence on the organizational activities in all functional areas in the industrial enterprise. Various industrial sectors are analyzed to identify the trends, problems and challenges of the introduction of Industry 4.0 in manufacturing activities. Opportunities for improving their competitiveness are identified by means of using the principles and advantages of the modern digitalization. Up-to-date statistics and various methods for analyzing of the existing information are used. The specifics of development of the leading sectors in Bulgarian economy  are identified. The results show that there is a growing number of Bulgarian industrial enterprises focused on deploying Industry 4.0 to reach new higher levels of productivity, quality and efficiency. This is a new approach in seeking favorable opportunities for their further sustainable development and competitiveness. Some fundamental problems, challenges and barriers in industrial enterprises, in the process of introduction of digitalization in the industry are discussed, which hinder the fast pace of their development. As a result of this analysis are presented some appropriate solutions.

  • BUSINESS & “INDUSTRY 4.0”

    BIOECONOMICS – A STRATEGIC SECTOR IN THE CIRCULAR ECONOMY

    Industry 4.0, Vol. 5 (2020), Issue 1, pg(s) 41-44

    The concept of a circular economy is a model of production and consumption that minimizes waste in the environment. It brings benefits not only to nature but also to the economy and society as a whole. This is a model aimed at extending the product life cycle. When a product reaches the end of its life, the materials of which it is composed continue to be reused. This is repeated many times to minimize waste disposal. In practice, this means sharing, borrowing, reusing, repairing and recycling existing materials and products as long as possible. The bio- economy in the European Union is growing much faster than the rest of the economy, which will lead to the creation of more jobs and the continuation of the digital transformation of the European economy. Bio-economy covers all sectors and systems that use biological resources. It is one of the largest and most important sectors of the EU and includes agriculture and forestry, fisheries, agro-food, biomass and bio-based products. Its annual turnover is about 2 trillion euros, and it employs about 18 million people. Bio-economy is also a key area for stimulating growth in rural and coastal areas. The new bio-economy strategy fits in with the Commission’s efforts to further boost jobs, growth and investment. It aims to improve and expand the sustainable use of renewable sources to overcome global challenges such as climate change and sustainable development. The purpose of the study is to analyze the situation in Bulgaria for the development of the bio- sector in terms of production capacity, potential for growth of the bio-production sector, to study the conditions, difficulties and prospects for the development of exports of bio- products. The analysis will serve to evaluate the opportunities for Bulgarian bioeconomy development, the innovation encouraging measures in this sector and the diversification of this sector. The results of the Bioeconomy research distinguish strategic areas: sustainable consumption and production through responsible consumers and producers; knowledge society through information development and training; government to help adapting to new business realities; climate change and energy; sustainable transport and mobility; conservation and sustainable management of biodiversity and natural resources; public health and risk prevention with an emphasis on environmental quality; demography and migration and social inclusion; challenges in the field of sustainable development; global poverty reduction.

  • TECHNOLOGIES

    Analasys of opportunities for development of Bulgarian industrial manufacturing

    Machines. Technologies. Materials., Vol. 13 (2019), Issue 7, pg(s) 314-317

    This publication analyses opportunities for development of Bulgarian industrial manufacturing in conditions of dynamic selfchanging competitive environment during the period 2015 – 2018. A comparative analysis is done for different industrial sectors with purpose to determine the trends in their development and to identify the opportunities for improvement of their production activity. Actual statistical data are used and different methods for the existing information analysis. The specific of development in the leading sectors in Bulgarian economy are identified. In addition, a comparative analysis is implemented as well as a classification of different industrial sectors on the base of Index of industrial production is created. The results show that the realized production of Bulgarian industrial enterprises during the considered period increase. This is a reason to search favourable opportunities for their further sustainable development and competitive location on the internal and external markets. Some fundamental problems and barriers in the industrial enterprises are considered, that obstruct the fast temps of their developments and are presented some appropriate decisions. The current publication put the beginning of a more depth investigation of the effectiveness of the industrial enterprises, their capacity utilization, as well as the development and introduction of different types of innovation decisions that will be implemented during the next two years in the range of a doctoral thesis in the field of the same problematics and researching analogical problems in the more comprehensive aspect.

  • Corporate governance and social responsibility in “fight” against ecological criminality

    Security & Future, Vol. 3 (2019), Issue 2, pg(s) 43-47

    The technical-technological revolution has changed its core business activities and has created a new socio-economic and economic structure called: knowledge society, information society, digital society, digital economy and electronic economy. Enterprises are part of society they function in; therefore, they must, besides the implementation of economic objectives, pay attention to the impact they have on society and environment i.e., they should act responsibly. The growing conflict between economy, ecology and ethics (model “3E”) must solve the corporate-social responsibility and global consensus around vital issues for the survival of mankind. Because of this, we are further improving our internal regulations by strengthening corporate governance, compliance, and risk management, in order to further increase corporate vitality and transparency .Corporate governance is based on a way of sharing rights and responsibilities in a group of corporate actors, especially shareholders and managers in all areas of human activity. Environmental quality management in this coauthoring work is defined as the management of all activities in society that have or may have an impact on health and quality of life.

  • BUSINESS & “INDUSTRY 4.0”

    WHAT DOES INDUSTRY 4.0 MEAN FOR SUSTAINABLE DEVELOPMENT?

    Industry 4.0, Vol. 2 (2017), Issue 6, pg(s) 294-297

    Sustainable development is an integral part of economic development in all countries, even when attention is driven away from it. The balance between the need of humanity to produce and the desire to not destroy the planet in the process is constantly questioned and shaken. With the disruptive new models that Industry 4.0 has shown to the world, and with the constantly expanding opportunities for technologies, production, and improvement of the way businesses function, the question of sustainability stands. How will the new business models affect sustainable development, and will they manage to put humanity’s future in the spotlight? This paper explores the opportunities to sustainable development, introduced by Industry 4.0.

  • SOCIETY

    A REVIEW OF ENTERPRISE SUSTAINABLE DEVELOPMENT MODELS: CRITICAL APPRAISAL

    Science. Business. Society., Vol. 2 (2017), Issue 2, pg(s) 97-103

    Sustainable development has become a widely used concept and an important global issue. Enterprises aiming for sustainable development must combine economic interests with environmental and social needs, while keeping economic profit as a priority. A variety of different models of sustainable business issues have already emerged. The major challenges of enterprises include choosing particular model and assessing the sustainable development performance. The purpose of this article is to analyse and critically evaluate various models of enterprise’s sustainable development, identify advantages and limitations of existing models and propose procedural model suitable for manufacturing and service enterprises. The enterprises sustainable models will be analysed by covering economic, social, environmental and technological aspects of sustainability. Research will be carried out using analysis of scientific literature and synthesis of various approaches.

  • LIFE SPAN AND RECYCLING OF MOTOR VEHICLES

    Machines. Technologies. Materials., Vol. 8 (2014), Issue 5, pg(s) 29-32

    The car is prevalently considered as a technical system that produces costs and pollution, also as a source of exhausted parts and recycled raw material. In the course of entire life cycle it seriously deteriorates natural balance to the extent to appear as a threat to overall ecological biodiversity on the Earth. Due to mass production and use what includes building-in vast number of materials and component that yield adverse effects on human health, engine cars has become one of major problems of today.
    The management of secondary waste requires an established flow of integrated information as well as an complementary system of knowledge and methods regarding landfill remnants reduction and adequate treatment of useful materials. Global automotive industry incites development of national economies and integrates contemporary achievements in the areas of techniques, technology and other scientific disciplines. Thus, the aspects of energy efficiency, waste recycling and environment protection sustainable development environmental shall be taken into account in car designing and production.

  • METHODOLOGICAL ASPECTS OF A SUSTAINABLE DEVELOPMENT TRAINING IN THE HIGHER EDUCATION IN BULGARIA

    Innovations, Vol. 3 (2015), Issue 1, pg(s) 10-12

    Learning different aspects of the international quality standards turned into an urgent necessity in the students’ training, which gives them a possibility quickly to adapt to the practice during their professional realization as specialists. Generally, the preparation of the students of quality management in our country is well accepted in the different educational institutions and is conformable to their specific features. As a disadvantage it may be shown the fact, that the students’ training is limited only to the knowledge for quality management receiving. It may achieve a wider range, including a preparation for environment standards (ISO 14000), for safety (ISO 18000) and for quality, which basic principles further the management of this combination and, in the long run, for one sustainable development.

    The purpose of the present article is to be worked-out and presented the basic methodological aspects for sustainable development training in the higher education, which will give an opportunity to the students to receive wider knowledge in this field.

    With the help of the basic methodological aspects, has been worked-out a concrete model syllabus for sustainable development training of the students from the higher technical schools in our country.