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THE ROLE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
Eshqulova Dilorom Abduravupovna
Termiz State University, 3rd year student of Human
Resources Management
https://doi.org/10.5281/zenodo.12151250
Abstract
This article describes the role of entrepreneurship in economic
development. In Uzbekistan, the socio-economic relations of the entrepreneurial
society are embodied, clearly manifested, and are becoming a rapidly developing
and dynamic field. Its place and role in the formation of market relations and
economic development in the country is becoming more and more significant.
We know that the main source of income of the developed countries of the world
is business.
Key words:
entrepreneurship, entrepreneur, services, technologies,
economy
Introduction
The first scientific studies on entrepreneurship were carried out by the
great scholars of the 18th century, R. Cantilon, A. Turgot, F. Kene, A. Smith, J. B.
Sey and others. Therefore, the emergence of the concepts of "entrepreneur" and
"entrepreneurship" corresponds to this period. Later, such research expanded
and took on the appearance of a separate scientific direction, and the practical
application of their results began to show an effective effect on the economy.
One of such results is the definition and enrichment of the concept of
"entrepreneurship".
Schumpeter hypothesizes that economic development is a process
consisting of stages of harmonization of production factors. This means that
each new combination of production factors is a stage of economic development.
Only an entrepreneur is capable of implementing such new combinations.
Because he was an innovator, creator, inventor, he created a new harmony, that
is, mastering the production of previously unknown benefits, new sources of
raw materials, new technology, perfect systems of production organization and
management, strives for success and achieves it. That is why the entrepreneur
occupies a central place in the development and modernization of the economic
horse. Therefore, entrepreneurial innovation is related to the creation of new
goods, services, technologies, methods, and is able to bring economic efficiency
to a completely new level.
In Uzbekistan, entrepreneurship is showing its creative, reforming and
innovative power in the socio-economic development of the country and is
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taking a place accordingly. Of course, it is not easy to completely transition from
one socio-economic system to another, it is necessary to solve many
contradictions and problems. Moreover, entrepreneurship is being formed as a
multifaceted, multifaceted, multifaceted complex system. Scientific analysis of
such a complex system and its problems and finding solutions should be a
continuous scientific and educational process. Currently, the main science that
studies the field of entrepreneurship, its activities, relationships, and problems
is the basics of entrepreneurship. So, entrepreneurship is an object of the
science of the basics of entrepreneurship, but this science has not yet taken a
proper place in the economic sciences. Its purpose should be in accordance with
the purpose and role of entrepreneurship in the socio-economic system and
development of the country: This requires that a wider place be given to the
study and teaching of this subject.
In the early stages of the development of countries where the market economy
did not exist, the growth of ideas about entrepreneurship was considered to be
the most important characteristic of management skills, and the activity of a
manager is more important than the role of an innovator. But the transition to a
high-tech economy brings out such an interpretation of entrepreneurship, which
is mainly related to innovation processes and their dissemination on the basis of
their own innovations or on the basis of involvement in innovative innovation.
Accordingly, imitative entrepreneurship is of great importance in the economic
development of a country with an agrarian economy and in the first stage of
industrialization. It is based on technology that involves the use of available and
easily available resources, management skills, and technical knowledge. We
believe that it is necessary to study the thoughts, opinions, views on business
activity and concept, and analyze them in depth in order to add certain
clarifications to them. It is known that entrepreneurial activity and the concept
that reflects it are multifaceted and complex phenomena. Therefore, it is
necessary to determine their essence according to their separate sides, edges,
and directions. First of all, we will look at the general and concrete levels of the
concept of entrepreneurship. At the general level of entrepreneurship, it is
necessary to distinguish between its two states - static and dynamic states.
Entrepreneurship appears as an approach in a static state, and as a process and
activity in a dynamic state. Entrepreneurship is an approach that consists in
finding and using opportunities to improve existing methods of doing work and
to use new ones. This approach, unlike the traditional approach, includes active
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elements such as curiosity, creative steps, and initiative. Entrepreneurship is a
process, an activity, an entrepreneurial approach to the goal set.
Entrepreneurship is important to raise production to a new, higher level in
terms of quality by restructuring production, combining and organizing
production factors (labor, labor tools, labor objects) in a new harmony, and
more effectively coordinating production relations with productive forces.
contributes. This creates new, additional opportunities for the implementation
and development of production, and their implementation ensures the increase
in productivity of existing capacities, the production of additional products and
the increase in efficiency. Entrepreneurship actively involves the previously
unused population savings, local resources, production and household waste,
and foreign investments into the socio-economic process, leading to the
expansion of production, increase of national product and wealth.
Entrepreneurship is not only a source of personal income, but also a significant
source of income for the state. A large part of the state budget revenues falls on
the business sector. Therefore, entrepreneurship plays a major role in filling the
budget, increasing the power of the state, and providing funds for social and
economic development. Thus, entrepreneurship plays an important role in
improving the life and well-being of the population, its cultural and spiritual
development, raising the country's production, export, economic potential,
strengthening its independence, and socio-economic development.
Entrepreneurship has developed significantly in Uzbekistan and has
reached a certain level in its development. After the independence of Uzbekistan,
great attention was paid to the liberalization of the economy and trade, the
creation of various forms of property, and the development of competition. It
was recognized that entrepreneurship plays an important role in the solution of
these issues and, in general, in the social and economic development of the
country, and the creation of necessary conditions for the formation and
promotion of entrepreneurship in the republic was started. First of all, the
Constitution and laws of the Republic of Uzbekistan recognized
entrepreneurship and paved the way for its formation and development. On
February 15, 1991, the first law "On Entrepreneurship in Uzbekistan" was
adopted and it served as the main legal basis for entrepreneurship. Later, the
necessary changes and additions were made to this law, it was improved a lot,
and it was supplemented and strengthened by a number of other laws and
decisions, statutory legal documents. In the development of entrepreneurship in
Uzbekistan, the increase of economic freedom and the reduction of
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administrative and legal restrictions, the state support of entrepreneurship (first
of all, small, private, joint entrepreneurship), the opening of new opportunities
and areas of entrepreneurial initiative, tax reforms and administrative reforms
have also helped greatly. In the country, the capital market and business funding
opportunities have expanded, new financial institutions and information
provision have developed, the patent-licensing system has been strengthened,
new types of economic activity have appeared and are expanding. Necessary
conditions have been created for faster establishment and development of
entrepreneurship in the republic, and for it to take its rightful place in the
society, and they continue to be improved. The most important of them and the
basis for other conditions is the legal framework. This base is expanding,
strengthening, improving and developing year by year.
In conclusion, we can say that in the current era of globalization, countries with
underdeveloped economies remain dependent on other large countries. In order
to prevent it, many countries started to develop their business sector. In
particular, the business sector is developing rapidly in Uzbekistan. Previously,
semi-finished products were sold abroad, but now the production of finished
products, that is, the cluster system, has also been revolutionized. In the
development of the economy, industries such as entrepreneurship and delivery
are dependent on each other. Taking into account such problems, countries are
building their own transport routes.
References:
1. On encouraging the development of small and private entrepreneurship. Law
of the Republic of Kazakhstan, December 21, 1995.
2. About limited liability and additional liability companies. Law of Republic of
Kazakhstan, December 6, 2001.
3. State program to support the development of small business and private
entrepreneurship. August 28, 1995.
4. On the establishment of the Private Entrepreneurship and Small Business
Support Fund (Business Fund). Decree of the President of the Republic of
Uzbekistan, July 26, 1995.
5. On additional measures to encourage the development of small and medium
entrepreneurship. Decree of the President of the Republic of Uzbekistan, January
31, 1997.
6. On measures to further encourage the development of private
entrepreneurship, small and medium-sized businesses. Decree of the President
of the Republic of Uzbekistan, April 9, 1998.
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7. On the creation of a fund for the support of farmers and farms. Decree of the
President of the Republic of Uzbekistan, 1999
