As the studies and empirical data indicate that innovations are a significant factor for improving competitiveness, we believe that scientific research in this area may provide support for those who seek to make their business more innovative. There are many works dedicated to general effect of innovations on growth, but less are focused on the role of innovations in certain sectors. Such sector is might be the wine industry. The wine industry in Bulgaria has a long history, experience and has the potential for development. That is why we examine the scope of innovations that can be implemented in the wine industry. Alongside we study the potential of Bulgarian wine industry. The results show that the wine producers in Bulgaria make slow steps towards more contemporary development of the sector, but the more significant results are yet to come.

This paper summarises the arguments and counterarguments within the scientific discussion on the effects of R&D investment on the essential components of the economic development such as economic growth, competitiveness, labour market and...

The observed processes of digitization of the economy resulted in transformation of the labor market as a response to the emerging demands of jobs and processes The observed processes of digitization of the economy resulted in transformation of the labor market as a response to the emerging demands of jobs and processes

The wine industry is traditional sector in the Bulgarian economy. However, at the end of the XX century it faced various challenges. Later, it has started to restore and has developed in number of areas. Nowadays it has new characteristics, based on its strengths and weaknesses. Thus, the purpose of the current study is to identify the competitive advantages of the wine sector in Bulgaria. The object of the research are Bulgarian wine producers, who are small and middle size enterprises (SMEs). The focus of the study is a selection of indicators, which contribute for the identification of their competitive advantages. The data used is of own survey, performed among Bulgarian wine producers. The results show that the main advantages are targeted at qualitative wines from authentic local sorts. This justifies the obligatory direction for differentiation and validation of the Bulgarian wine producers by promoting the wines of local varieties and establishing the identity of the wine regions.