Siyka Demirova
Sibel Ahmedova
Technical University of Varna, 1 Studentska Str., Varna, Bulgaria
Every fast-growing economy is identified by its innovative businesses and ever-expanding markets. A vital prerequisite for the development of innovation and creation of a higher value-added economy is the provision and encouragement of independent economic activity. Enhancing entrepreneurial mindsets, skills and attitudes of young people is associated with innovation and risk-taking and is forms an integral part of a country’s ability to prosper in a rapidly changing and highly competitive market. In light of this, the purpose of the present paper is to explore and analyze the opportunities for implementing innovative ideas among young entrepreneurs. The results of the research study will help identify the main problems and significant challenges young entrepreneurs are likely to encounter.
Key words
innovative ideas, young entrepreneurs, highly competitive market
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