Opportunities for innovation activity of enterprises from the dairy sector in the food industry

Dairy processing enterprises in Bulgaria are faced with the need to implement modern equipment and technological updates in order to guarantee the quality and control of the manufactured products. The investment policy should be aimed at expanding the assortment range, competitiveness and entry into...

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Main Author: Bichurova Iva
Format: Article
Language:English
Published: EDP Sciences 2024-01-01
Series:BIO Web of Conferences
Online Access:https://www.bio-conferences.org/articles/bioconf/pdf/2024/21/bioconf_foset2023_04008.pdf
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author Bichurova Iva
author_facet Bichurova Iva
author_sort Bichurova Iva
collection DOAJ
description Dairy processing enterprises in Bulgaria are faced with the need to implement modern equipment and technological updates in order to guarantee the quality and control of the manufactured products. The investment policy should be aimed at expanding the assortment range, competitiveness and entry into new markets. The paper analyzes the results of a research of innovation activity in dairy enterprises. The new economic situation requires companies to generate and absorb increasingly competitive innovations, to maintain and develop high innovation activity. This is becoming an increasingly important condition for their effective functioning and survival. All enterprises have a positive attitude towards innovative behavior, which is a necessary but not sufficient condition for carrying out innovative activity and achieving the relevant results. In any organization, it is necessary to provide conditions for the introduction of innovations, therefore it must have such a structure and processes that assume and implement appropriate innovative behavior. Management principles are the basis for making decisions to stimulate or inhibit innovation activity in enterprises. In this regard, export intensity, R&D expenditures and patent activity are leading in innovation processes.
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spelling doaj.art-ab33a7fea79648c3aad75e57ae4712402024-04-12T07:37:29ZengEDP SciencesBIO Web of Conferences2117-44582024-01-011020400810.1051/bioconf/202410204008bioconf_foset2023_04008Opportunities for innovation activity of enterprises from the dairy sector in the food industryBichurova Iva0Department of Economics, Entrepreneurship and Management, University of Food TechnologyDairy processing enterprises in Bulgaria are faced with the need to implement modern equipment and technological updates in order to guarantee the quality and control of the manufactured products. The investment policy should be aimed at expanding the assortment range, competitiveness and entry into new markets. The paper analyzes the results of a research of innovation activity in dairy enterprises. The new economic situation requires companies to generate and absorb increasingly competitive innovations, to maintain and develop high innovation activity. This is becoming an increasingly important condition for their effective functioning and survival. All enterprises have a positive attitude towards innovative behavior, which is a necessary but not sufficient condition for carrying out innovative activity and achieving the relevant results. In any organization, it is necessary to provide conditions for the introduction of innovations, therefore it must have such a structure and processes that assume and implement appropriate innovative behavior. Management principles are the basis for making decisions to stimulate or inhibit innovation activity in enterprises. In this regard, export intensity, R&D expenditures and patent activity are leading in innovation processes.https://www.bio-conferences.org/articles/bioconf/pdf/2024/21/bioconf_foset2023_04008.pdf
spellingShingle Bichurova Iva
Opportunities for innovation activity of enterprises from the dairy sector in the food industry
BIO Web of Conferences
title Opportunities for innovation activity of enterprises from the dairy sector in the food industry
title_full Opportunities for innovation activity of enterprises from the dairy sector in the food industry
title_fullStr Opportunities for innovation activity of enterprises from the dairy sector in the food industry
title_full_unstemmed Opportunities for innovation activity of enterprises from the dairy sector in the food industry
title_short Opportunities for innovation activity of enterprises from the dairy sector in the food industry
title_sort opportunities for innovation activity of enterprises from the dairy sector in the food industry
url https://www.bio-conferences.org/articles/bioconf/pdf/2024/21/bioconf_foset2023_04008.pdf
work_keys_str_mv AT bichurovaiva opportunitiesforinnovationactivityofenterprisesfromthedairysectorinthefoodindustry