Beneficial and Harmful Products, Innovations and Denovations

Authors

  • Assist. Prof. Dr Leona Aslanova Department of Administration Management and Political Sciences, Faculty of International Economics and Administration, Varna Free University "Chernorizets Hrabar" Author

DOI:

https://doi.org/https://doi.org/10.37075/RP.2024.4.02

Keywords:

Entrepreneurship, Innovation, Denovation, Regress, Progress
D63, E22, H50

Abstract

Is there more innovations or more denovations in Bulgaria? In asking this question we need to clarify the economic dependence between the two concepts. In this academic article we consider the introduction of a new economic concept, phenomenon and term „denovation“, which has the following principle characteristics: 1) the principle of antithesis – reducing or nullifying the impact of innovation; innovation works in the opposite direction to the economic impact of innovation on society; 2) the principle of the center and periphery – denovation always occurs in the center; 3) the principle of the speed of market penetration – denovation always enters and spreads faster than innovation.

References

JA Robinson, D Acemoglu (2012). Why nations fail: The origins of power, prosperity and poverty. London: Profile Books. URL: https://www.lse.ac.uk/assets/richmedia/channels/publicLecturesAndEvents/slides/20110608_1830_whyNationsFail_sl.pdf

Drucker, P. F. (1985). Innovation and Entrepreneurship: Practice and Principles. Butterworth Heinemann. URL: https://www.google.bg/books/edition/Innovation_and_Entrepreneurship/U6epQgAACAAJ?hl=id

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Published

2024-12-19

Issue

No. 4 (2024)

Section

Articles

License

Copyright (c) 2024 Leona Aslanova (Author)

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Authors retain copyright to their works.

All publications are distributed under the terms of the Creative Commons Attribution 4.0 International (CC BY 4.0) license.

How to Cite

Aslanova, L. (2024). Beneficial and Harmful Products, Innovations and Denovations. Research Papers, 4, 43-51. https://doi.org/https://doi.org/10.37075/RP.2024.4.02