{"id":1931,"date":"2025-03-12T12:09:00","date_gmt":"2025-03-12T12:09:00","guid":{"rendered":"https:\/\/jtnresearch.com\/?p=1931"},"modified":"2025-04-07T06:16:35","modified_gmt":"2025-04-07T06:16:35","slug":"over-70-of-bulgarian-companies-rely-on-internal-investments-to-implement-innovations","status":"publish","type":"post","link":"https:\/\/jtnresearch.com\/dk\/over-70-of-bulgarian-companies-rely-on-internal-investments-to-implement-innovations\/","title":{"rendered":"Over 70% of Bulgarian companies rely on internal investments to implement innovations"},"content":{"rendered":"

\"economy.bg\"<\/a><\/p>\n

Media:<\/strong> Economy.bg
\nDate: <\/strong>19.04.2022
\nLink: <\/strong> https:\/\/bit.ly\/4iiWOLz<\/a><\/p>\n

 <\/p>\n

Every second company is determined to seek new development opportunities and increase its production volume in 2022, according to a JTN survey<\/p>\n

\"economy<\/a><\/p>\n

Market research agency JTN conducted a study on the impact of the pandemic on the Innovation sector for Bulgarian companies. Its aim is to identify companies’ innovation capacity, trends, attitudes and main obstacles to their development.<\/p>\n

\"Innovations\"<\/a><\/p>\n

About half of the survey participants indicated that the pandemic had a negative impact on their profits (49%), they had higher operating costs (56%), fewer active customers (53%), and problems with access to materials and raw materials (49%).<\/p>\n

JTN is developing a comprehensive method to define the degree of innovation of companies based on their survey responses. According to it, 37% of companies in the IT, finance, insurance and food sectors are innovative, while 48% in the construction and non-food FMCG sectors do not apply enough innovation in their activities.<\/p>\n

Over 70% of managers claim that they encourage their employees to share their ideas for the development of the company and indicate that they ensure innovation mainly through internal investments. Less than 10% of companies rely on state or European financial funds. More than half of the surveyed managers believe that the bureaucracy, administrative and tax burden on companies should be reduced. As the main obstacles to the development of innovations in Bulgaria, they point to weak state support and the lack of sufficiently qualified and motivated personnel.<\/p>\n

Over the past year, companies have introduced innovations most often in terms of new ways to promote sales (43%) and improving existing company products and services (38%) as an additional effect of the crisis and response to the state of emergency.<\/p>\n

Every second company is determined to seek new development opportunities and increase its production volume in 2022. The most common concerns this year are related to the rise in electricity prices (60%), reduced consumer purchasing power (51%), increased inflationary pressure (47%) and staff shortages (45%).
\nThe top three strongest sectors of the Bulgarian economy are tourism, information technology and agriculture. According to them, the sectors that need the most additional development are agriculture (60%), tourism (55%), education (50%) and healthcare (49%).<\/p>\n

The survey was conducted among 200 founders, owners of Bulgarian companies and high-level managers from various fields, men and women aged 30-61+, balanced by gender, age, place of residence and size of the settlement. The fieldwork was carried out with an online user panel JTN Panel, using the CAWI (Computer Assisted Web Interviewing) methodology. All collected data was verified with the technological-analytical method Field Detective, a proprietary development of JTN and a leading system in the field of CAWI surveys.<\/p>\n

Since 2007, JTN has offered its clients a combination of customized solutions, expert knowledge and constantly improving data quality procedures, guaranteed by patented technologies. In 2020, JTN expanded its product range as part of a comprehensive update of the company’s identity and a reflection of the continuous efforts to provide the best in the world of technologies that actively listen to the user voice and provide useful insights to the business.<\/em><\/p>","protected":false},"excerpt":{"rendered":"

Media: Economy.bg Date: 19.04.2022 Link: https:\/\/bit.ly\/4iiWOLz   Every second company is determined to seek new development opportunities and increase its production volume in 2022, according to a JTN survey Market research agency JTN conducted a study on the impact of the pandemic on the Innovation sector for Bulgarian companies. Its aim is to identify companies’ innovation capacity, trends, attitudes and main obstacles to their development. About half of the survey participants indicated that the pandemic […]<\/p>","protected":false},"author":1,"featured_media":2043,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[9],"tags":[],"_links":{"self":[{"href":"https:\/\/jtnresearch.com\/dk\/wp-json\/wp\/v2\/posts\/1931"}],"collection":[{"href":"https:\/\/jtnresearch.com\/dk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jtnresearch.com\/dk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jtnresearch.com\/dk\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jtnresearch.com\/dk\/wp-json\/wp\/v2\/comments?post=1931"}],"version-history":[{"count":10,"href":"https:\/\/jtnresearch.com\/dk\/wp-json\/wp\/v2\/posts\/1931\/revisions"}],"predecessor-version":[{"id":2017,"href":"https:\/\/jtnresearch.com\/dk\/wp-json\/wp\/v2\/posts\/1931\/revisions\/2017"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jtnresearch.com\/dk\/wp-json\/wp\/v2\/media\/2043"}],"wp:attachment":[{"href":"https:\/\/jtnresearch.com\/dk\/wp-json\/wp\/v2\/media?parent=1931"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jtnresearch.com\/dk\/wp-json\/wp\/v2\/categories?post=1931"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jtnresearch.com\/dk\/wp-json\/wp\/v2\/tags?post=1931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}