Bulgaria Functional and Governance Analysis

Bulgaria Functional and Governance Analysis

Bulgaria exhibits one of the lowest innovation performances in Europe, driven by very low levels of research investment compared to peers. This slow growth will likely be exacerbated by the Coronavirus (COVID-19) pandemic and ensuing economic crisi...

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Bibliographic Details
Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Sofia 2021
Subjects:
PUBLIC EXPENDITURE REVIEW
SCIENCE AND TECHNOLOGY INNOVATION
INNOVATION POLICY
GOVERNANCE
POLICY INTERVENTION
COMPETITIVENESS POLICY
Online Access:http://documents.worldbank.org/curated/en/116171619081557906/Bulgaria-Functional-and-Governance-Analysis
http://hdl.handle.net/10986/35508
id okr-10986-35508
recordtype oai_dc
spelling okr-10986-355082021-06-14T09:54:12Z Bulgaria Functional and Governance Analysis World Bank PUBLIC EXPENDITURE REVIEW SCIENCE AND TECHNOLOGY INNOVATION INNOVATION POLICY GOVERNANCE POLICY INTERVENTION COMPETITIVENESS POLICY Bulgaria exhibits one of the lowest innovation performances in Europe, driven by very low levels of research investment compared to peers. This slow growth will likely be exacerbated by the Coronavirus (COVID-19) pandemic and ensuing economic crisis, which have disproportionately affected Bulgaria’s smaller and younger firms, a typically the firms with the highest potential for productivity growth. Moreover, a rapidly aging population and high emigration rates raise the potential for increasing labor shortages and skills mismatches over the medium term. Accelerating productivity growth will require large improvements to the country’s science, technology, and innovation (STI) performance, which currently ranks among the weakest in the EU across multiple indicators. There is a clear need to modernize the national research system particularly in the public sector to improve the performance of research institutions, with a focus on research excellence, market-oriented research agendas, and technology transfer. The goal of this report is to provide in-depth assessments of the functionality and governance of key Bulgarian STI support instruments and to provide recommendations for improvement of the government’s current and future portfolio of STI support programs. The work represents the second phase of the World Bank’s Bulgaria Public Expenditure Review for Science, Technology, and Innovation (PER STI) project. 2021-04-26T20:58:31Z 2021-04-26T20:58:31Z 2021-03 Report http://documents.worldbank.org/curated/en/116171619081557906/Bulgaria-Functional-and-Governance-Analysis http://hdl.handle.net/10986/35508 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Sofia Economic & Sector Work Economic & Sector Work :: Public Expenditure Review Europe and Central Asia Bulgaria
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic PUBLIC EXPENDITURE REVIEW
SCIENCE AND TECHNOLOGY INNOVATION
INNOVATION POLICY
GOVERNANCE
POLICY INTERVENTION
COMPETITIVENESS POLICY
spellingShingle PUBLIC EXPENDITURE REVIEW
SCIENCE AND TECHNOLOGY INNOVATION
INNOVATION POLICY
GOVERNANCE
POLICY INTERVENTION
COMPETITIVENESS POLICY
World Bank
Bulgaria Functional and Governance Analysis
geographic_facet Europe and Central Asia
Bulgaria
description Bulgaria exhibits one of the lowest innovation performances in Europe, driven by very low levels of research investment compared to peers. This slow growth will likely be exacerbated by the Coronavirus (COVID-19) pandemic and ensuing economic crisis, which have disproportionately affected Bulgaria’s smaller and younger firms, a typically the firms with the highest potential for productivity growth. Moreover, a rapidly aging population and high emigration rates raise the potential for increasing labor shortages and skills mismatches over the medium term. Accelerating productivity growth will require large improvements to the country’s science, technology, and innovation (STI) performance, which currently ranks among the weakest in the EU across multiple indicators. There is a clear need to modernize the national research system particularly in the public sector to improve the performance of research institutions, with a focus on research excellence, market-oriented research agendas, and technology transfer. The goal of this report is to provide in-depth assessments of the functionality and governance of key Bulgarian STI support instruments and to provide recommendations for improvement of the government’s current and future portfolio of STI support programs. The work represents the second phase of the World Bank’s Bulgaria Public Expenditure Review for Science, Technology, and Innovation (PER STI) project.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Bulgaria Functional and Governance Analysis
title_short Bulgaria Functional and Governance Analysis
title_full Bulgaria Functional and Governance Analysis
title_fullStr Bulgaria Functional and Governance Analysis
title_full_unstemmed Bulgaria Functional and Governance Analysis
title_sort bulgaria functional and governance analysis
publisher World Bank, Sofia
publishDate 2021
url http://documents.worldbank.org/curated/en/116171619081557906/Bulgaria-Functional-and-Governance-Analysis
http://hdl.handle.net/10986/35508
_version_ 1764483180564316160

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