Design

Sofia Set to Host International Conference on Innovation and Creativity

Sofia, the vibrant capital of Bulgaria, is gearing up to host a prestigious international conference focused on innovation and creativity. Following the resounding success of the CreaTech Summit South-East Europe in 2023, the city is once again poised to become the epicenter of cutting-edge ideas and groundbreaking initiatives.

Some 40 pct of firms engage in innovation activities

Some 39.8 percent of enterprises with 10 or more employees were considered as "innovation active" during 2020-2022, according to a survey by the Turkish Statistical Institute (TÜİK).

This was 38.5 percent in the 2018-2020 period, said TÜİK on Dec. 12.

Over 70 percent of large enterprises with more than 250 employees introduced new or improved products (goods or services).

Few Greek innovation leaders

While Greece has picked up speed in terms of innovation and strengthening the technology sector, businesses, especially small and medium-sized ones, still have a long way to go to boost their performance in this field, which is an obstacle for their further development.

Pages