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Author: search.filters.author.Baltov, Milen

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    THE SMART SPECIALISATION FOCUS TO THE INDUSTRIAL REGIONAL SCALE
    (Бургаски свободен университет, 2021) Baltov, Milen
    The focus of this paper is to provide a model for indexing the innovation activity of the companies at national (macro level) and regional level (micro level in two regions), depending on their sectoral affiliation (under NACE) and establishing inconsistencies analysis) to the already identified priority thematic areas at the end of the implementation period of the Integrated Intelligent Specialization Strategy (ISIS). The presented model will serve to correct the existing or validate new priority thematic areas for the post-2021 period and will present criteria for new (for the next programming period) compliance of the fields both with the specifics of the circular economy and with the expected new in territorial aspect planning regions in the Republic of Bulgaria. The research objectives, met are on a desk research of the existing models for assessing the innovation activity of the companies and in particular the activity towards the principles of the circular economy will be made, and on a field research of some 150 business units from the Southwest and South-Eastern regions in Bulgaria, surveyed on the basis of their behavior and behavioral and management decisions of their owners / managers.
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    ROLE OF FINANCIAL EDUCATION ACTIVITIES TOWARDS INVESTMENT DECISIONS IN AN EMERGING COUNTRY OF PAKISTAN
    (Бургаски Свободен Университет, 2017) Husnain, Muhammad; Baltov, Milen; Quayyoum, Sobia
    Asset allocation is an investment strategy that aims to balance risk and reward by apportioning a portfolio's assets according to an individual's goals, risk tolerance and investment horizon. There is no simple formula that can find the right asset allocation for every individual. Therefore, investors may use different asset allocations for different objectives. Financial Literacy is the education and understanding of various financial areas, and it includes the knowledge of making appropriate decisions about personal finance. This paper discuss the role of financial education activities towards investment decisions in an emerging country of Pakistan. Further, we discuss the importance of demographics and financial literacy towards the investment decisions in Pakistan.
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    EMPLOYEE INVOLVEMENT CULTURE OF PUBLIC ENTERPRISES NEPAL
    (Бургаски Свободен Университет, 2017) Dhakal, Daya; Baltov, Milen
    Public enterprises are directly relates to the interest of public therefore smooth operation of PEs is concern of government. Current performance of PEs are not good which creates financial burden to the government. Several literature explained employee involvement culture affects organizational performance. Study over this issue is less priority by Nepalese researchers. Therefore, this study is humble effort of fulfil this gap and explore association of involvement culture with performance. Different statistical tools comparative study, correlation and regression used to explore interrelationship of involvement with performance. The result shows, successful PEs have strong involvement culture as explained in previous empirical study
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    THE DIGITAL PUSH TO THE REGIONAL SMART SPECIALISATION IN THE QUADRUPLE-HELIX FRAMES
    (Бургаски Свободен Университет, 2020) Baltov, Milen
    Contemporary digital technologies lead to globalization, help solve environmental problems, necessitate the emergence of new business models and create conditions for significant regional differences in the living standards of the population. A need arises to devise strategies for achieving a balanced and sustainable economic and social development of regions and for overcoming the existing intra-regional and inter-regional disparities. In line, the Quadruple Helix Model of innovation recognizes four major actors in the innovation system: science, policy, industry, and society. In keeping with this model, more and more governments are prioritizing greater public involvement in innovation processes. The design, building and functioning of smart regions provides the opportunity to come up with effective solutions for optimal utilization and saving of energy, reduction of the consumption of non-renewable resources, control of environmental waste, ensuring sustainable development, optimization of the efficiency of urban systems, that leads to increasing the quality of life of the populations.
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    „THE BLUE ECONOMY” INVESTMENTS PROMOTION
    (Бургаски свободен университет, 2018) Baltov, Milen
    The idea of the „blue economy” is related to the promotion of economic growth, social inclusion, and living standards in line with ensuring environmental sustainability of the coastal areas at the seas, oceans and rivers. It refers to the decoupling of socioeconomic development through sea-related sectors and activities from environmental degradation. The blue economy has diverse components, including established traditional maritime industries such as fisheries, tourism, and maritime transport, but also new and emerging activities, such as offshore renewable energy, aquaculture, seabed extractive activities, and marine biotechnology and bioprospecting. A number of services provided by ocean ecosystems, and for which markets do not exist, also contribute significantly to economic and other human activity such as carbon sequestration, coastal protection, waste disposal and the existence of biodiversity.