Social Enterprise & Capacity Building in Bulgaria Dr. Evgeni Evgeniev Co-Creating Social...
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Transcript of Social Enterprise & Capacity Building in Bulgaria Dr. Evgeni Evgeniev Co-Creating Social...
Social Enterprise & Social Enterprise & Capacity Building in Capacity Building in
BulgariaBulgariaDr. Evgeni EvgenievDr. Evgeni Evgeniev
Co-Creating Social Entrepreneurship for GrowthCopenhagen Business School
2-3 April, 2014
Co-Creation in the Eastern Co-Creation in the Eastern
European ContextEuropean Context
• Emerging economies
• Two key ideas (Prahalad, et al.)- Focus on the centrality of the individual (N=1)- Focus to access to resources, not ownership
(R=G)
New competition challenge: The meaning of value has changed
Consumer-firm dynamics changed Consumer-firm dynamics changed dramatically in past hundred yearsdramatically in past hundred years
Momentum Hall, Salt Lake city, USA
Establishment: 1998 (Bulgaria)Ownership: BulgarianEmployees: Started with 3 workers, 300 professional staff today.Sales points: over 20 countriesGlobal market: 60 % shareRevenues in 2013 – 60 % increaseRevenues in 2014 – over 60 % expectedTop Markets: US, CA, DE, FranceInnovation: Unique Designs AppliedWalltopia Eco-System – creation and booking of routes (for climbers to share experience) in open online platform in gyms around the world.
Chris Sharma (best climber in the world) Chris Sharma (best climber in the world)
is working closely with Walltopiais working closely with Walltopia
Sender One Hall, near Los Angeles, USA
Figure 2: Bulgaria ranks last among EU Figure 2: Bulgaria ranks last among EU
member states in terms of Innovationmember states in terms of Innovation
Source: Innovation Union Scoreboard, European Commission, 2014.
Micro and Small Firms are Important in Micro and Small Firms are Important in
BulgariaBulgaria
Government as Innovation CatalystGovernment as Innovation Catalyst• Figure 7
7
Macroeconomic and regulatory context
Macroeconomic and regulatory context
Education and
Training System
Education and
Training System
Outcomes: Growth, jobs, competitiveness
Outcomes: Growth, jobs, competitiveness
State
Firms
FinanceResearch
National Innovation Capacity
National Innovation Capacity
ProductProduct
Communicational infrastructureCommunicational infrastructure
Market conditions
Market conditions
Source: World Bank, 2013.
Tested hypothesis:
“Firms with a higher degree of involvement in co-creation activities are in a better position to articulate the innovative aspects of their new products, processes and services.”
Source: Tanev, St. et. Al (2011), Journal of Innovation Economics
Sofia Tech Park as a Value Co-Sofia Tech Park as a Value Co-
Creation Eco-systemCreation Eco-system
1. EDUCATIONExisting educational programsDiaspora/New cooperation programsPartnerships with international universities
2. FUNDING RESOURCESEquity funds: JEREMIE (public and private funding)National Innovation FundOther (business angels, risk funds, etc.)
3. SCIENCEResearch teams /projectsDiasporaIndividual researchers5. TENANTSMultinationals Local (mature) companiesStart-ups
4. MENTORS AND SUPPORT NETWORKIncubation services for start-upsClustersGlobal partnership networks
Thank you!Thank you!
Dr. Evgeni EvgenievAssociate Professor, VUZF UniversitySofia, [email protected]