Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Report: More investment in scientific research comes from private companies than from the state

Photo: Archive

State funding for research in Bulgaria was only 0.25% of GDP last year, despite commitments, outlined in the National Scientific Research Strategy, to reach 0.50% in 2021 and 0.70% in 2022. 

This is stated in the Annual Report on the Status and Development of Research in Scientific Organizations and Higher Education Institutions in 2021. According to the report, business invests in science more than the state, but private funding is almost entirely for applied research, not basic research, and so the funds remain in enterprises. Another problem mentioned is the advanced age of researchers and the ineffective management of the achievements and their marketing. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Price of natural gas in Bulgaria rises by 11%

The increase in the price of natural gas in December is nearly 11 percent, which means up to nearly 39 euros per megawatt-hour, excluding taxes. This was what representatives of Bulgargaz said during the public discussion of..

published on 11/28/24 11:20 AM

Supreme Administrative Court has once again failed to elect chair

There are no candidates for the position of chair of the Supreme Administrative Court (SAC) , BTA has reported. The plenum of the Supreme Judicial Council held a meeting in an attempt to elect head of the institution. The procedure..

published on 11/28/24 10:21 AM

Bulgarians will travel to China without visas

The People's Republic of China is introducing a visa-free regime for holders of Bulgarian passports for business purposes, tourism, visiting relatives or friends, official visits or transit, for no more than 30 days. The Situation..

published on 11/28/24 8:50 AM