The patent activity in Bulgaria

Fani Koleva, Miglena Molhova

Abstract

 

It is often considered that the use of innovative technology solutions in the company's business provides competitive advantage to the company in the market. It is assumed that there is a correlation between the use of intellectual property rights and good innovation performance. This article discusses the relationship between patent activity and innovation, and this link is followed in the direction of protection of technological solutions - cost and effectiveness of the patent system - the economic benefits of protecting the technology through patent.