Role of the Higher Economic Education for the Development of Economic Activity in Varna

The article examines the role of the higher economic education in the Higher School of Commerce, which was founded by entrepreneurs and whose successor is the University of Economics - Varna, for the training of highly qualified personnel for the economy and for the development of economic activity in the region. The Higher School of Commerce was opened by Order No. 7177 of 28 September 1920 of the Minister of Commerce, but even before the opening of the first Bulgarian universities, Bulgarians began to seek to acquire knowledge for the needs of the developing commercial activity during the Renaissance. The aim of this paper is to analyse the relationship between higher economic education and entrepreneurship - at the time of the establishment of the Higher school and our modern times - in the light of a historical overview. The practical necessity of analyzing the tendencies and challenges for the future development of the university stems from its contribution to the training and professional realization of studenteconomists. In conclusion and as a result of the research, conclusions and summaries are made regarding the role of the higher economic education for the economic development of the Varna region.