Business Management

ISSN: 0861-6604-Print Edition
ISSN: 2534-8396-Electronic Edition

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  • Karmen Dimitrov Vranchev
    IMPACT OF DIRECT GERMAN INVESTMENTS ON BULGARIAN ECONOMY
    JEL: F21, E22, O1.
    Keywords: FDI, effects of FDI, economic growth
    Abstract: The impact of foreign direct investments on the economy of the host country is indisputable. They affect national production, its volume and structure, trade (imports and exports), the local market and competition, employment and income, innovation and technological development, etc. Their effects are evident at company (micro), state (macro) and regional levels. The article analyzes the significance of Germany and the direct investments of German origin for our economy, as well as the impact of Aurubis Bulgaria as the largest German investment through direct, indirect and multiplier effects on the metallurgical industry in Bulgaria and the company’s role in the economic growth of the country.
  • Lyuben Kirev
    TECHNOLOGICAL TRANSFER BY TRANSNATIONAL CORPORATIONS AND THE GLOBALIZATION OF KNOWLEDGE
    JEL: E22, F21
    Keywords: technological transfer, transnational corporations, globaliza¬tion of knowledge, foreign investments, international trade, licenses, know-how, knowledge-consuming production.
    Abstract: The subject of study in this paper is the transfer of technology and the globalization of knowledge by transnational corporations through the export of foreign direct investment, international trade in knowledge-consuming goods and the buying and selling of licenses, patents and know-how. It is indicated that the transfer of technology worldwide through the sale of licenses and know-how and the export of knowledge-consuming output is the exclusive responsibility of transnational corpora¬tions that are also engaged in the import and export of foreign direct investment.

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  • Editor in chief: Prof. Mariyana Bozhinova, PhD
  • Co-editor in chief: Prof. Krasimir Shishmanov, Ph.D.