Bulgaria's position in the Global Innovation Index has remained unchanged at 38th place, but the country continues to see a decline in its performance across key indicators. The Bulgarian Industrial Chamber’s (BIC) annual analysis highlights that, unlike many other nations that have shown improvements in their innovation metrics, Bulgaria’s overall results have worsened for the second consecutive year. This trend is worrying, as it suggests that the country’s efforts to foster innovation and technological advancement are not yielding the expected results.
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