2020
DOI: 10.14254/2071-8330.2020/13-2/11
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Development of bio-based economy: Entrepreneurial endeavors and innovation across Bulgarian wine industry

Abstract: We are living in a time when the population of the Earth is increasing and the available resources are decreasing. The latter requires the establishment of a smart and sustainable bio-based economy, and the creation of such an economy is tightly associated with the implementation of innovations. Bulgarian wine industry is a sector, where possibilities of innovations related to bio-economy are vast and open. Thus, the current study aims at identifying the entrepreneurial endeavours and the innovations' involvem… Show more

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Cited by 12 publications
(5 citation statements)
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“…A covetable modern business feature is proactiveness, which enables taking advantage of unimaginable market opportunities (Al-Mamary & Alshallaqi, 2022). Therefore, entrepreneurial endeavours are often caused by proactiveness in the innovations' involvement (Angelova & Pastarmadzhieva, 2020). Proactiveness is a firm's ability to react to entrepreneurial opportunities in a hypercompetitive and hyper-turbulent environment.…”
Section: Entrepreneurial Orientation: Proactivenessmentioning
confidence: 99%
“…A covetable modern business feature is proactiveness, which enables taking advantage of unimaginable market opportunities (Al-Mamary & Alshallaqi, 2022). Therefore, entrepreneurial endeavours are often caused by proactiveness in the innovations' involvement (Angelova & Pastarmadzhieva, 2020). Proactiveness is a firm's ability to react to entrepreneurial opportunities in a hypercompetitive and hyper-turbulent environment.…”
Section: Entrepreneurial Orientation: Proactivenessmentioning
confidence: 99%
“…This only highlights the need for urgent solutions and their implementation in the field of renewable energy (Androniceanu & Sabie, 2022). They can be developed on the innovative basis in this area (Angelova & Pastarmadzhieva, 2020;Gavkalova et al, 2022). The EU's green course is the implementation of sustainable, innovative technological solutions in everyday human life.…”
Section: Comparative Assessment Of Green Deal Information Management ...mentioning
confidence: 99%
“…In this sense, wine tourists are increasingly aware of the environment and value positively the sustainable practices developed by wineries, as well as the sale of organic, natural and biodynamic wine by wineries (Szolnoki and Tafel, 2022). This is leading wineries to develop more and more ecological innovations that favour their adaptation to the environment while satisfying the environmental needs of wine tourists (Angelova and Pastarmadzhieva, 2020). Despite the growing need, to the best of our knowledge, no previous empirical studies have analysed the role of wine tourism in catalyzing green innovations.…”
Section: Introductionmentioning
confidence: 99%