Challenges to the Indicators on Science, Technology and Innovation Development

The paper attempts to define the challenges to the indicators on science, technology and innovation development which result from the contemporary dynamics of the global knowledge based economy progress and the pursued challenges of identification of the specific national priority dimensions for public funding research and innovation projects on the case of Bulgaria. It is argued that recent the most widespread methodologies of positioning science, technology and innovation indicators do not propose enough precise instruments to define the national context of the research and innovation policy which allows meeting the challenge of dynamics of global economy. The paper suggests the solution of the problem of identification of specific national priorities in science, technology and innovation development is connected with a separate measurement of solvent demand and supply of knowledge. Further some results of application of this methodological approach are presented, based on Bulgarian case, and the tendencies of demand and supply of knowledge are summarised in a figure.