«Yangi O‘zbekiston: Moliyaviy hisobotning xalqaro
standartlarini joriy etishda muvaffaqiyatli
xalqaro tajriba» 16 dekabr, 2022 yil.
16
Abstract:
Enterprises engaged in private business and entrepreneurship in our region
cover all sectors of the national economy. This, the importance of business entities and
individual entrepreneurs is growing, and our state creates benefits for them. The innova-
tive development of entrepreneurial activity and its support and stimulation by financial
institutions have been developed and identified.
Keywords:
financial institutions, entrepreneurship, innovative development, globaliza-
tion, competition, marketing.
Today, large-scale socio-economic reforms in our country are being carried
out in the context of the transformation taking place in the global economy. At
present, the technical base of production is being intensively developed, and the
network and territorial composition of national economies is being optimized.
Among these changes are the rapid development of small business and private
entrepreneurship, the expansion of its activities, and the list of tasks it performs.
Approved by the Decree of the President of the Republic of Uzbekistan dated
February 7, 2017 “On the Action Strategy for the Further Development of the
Republic of Uzbekistan” “In the third direction of the Action Strategy for the five
priority areas of development of the Republic of Uzbekistan in 2017-2021, it is aimed
at further development and liberalization of the economy. The purpose of this is
to strengthen macroeconomic stability and maintain high economic growth rates,
increase the competitiveness of the national economy, continue institutional and
structural reforms to reduce state participation in the economy, protect private
property, further strengthen its priority position, and stimulate development. small
businesses and private entrepreneurship identified such issues as the expansion of
foreign economic relations, and the development of production of products and
spices intended for export.
In order to achieve this it is essential to:
- create necessary conditions for an open economy, healthy competition,
business and investment environment;
KHOJIAKBAR FAYZULLAEV
Senior Lecturer, Tashkent
State University of Economics
Tashkent, Uzbekistan
akbarfayz702@gmail.com
INNOVATIVE ACTIVITY OF
ENTERPRISE SUBJECTS:
CHARACTERISTICS AND
PROBLEMS - DEVELOPMENT
TENDENCIES UNDER
GLOBALIZATION
https://doi.org/10.47689/STARS.univer-
s i t y - 5 - p p 1 4 -1 6
STARS International University
17
- reduce state participation in the economy, increasing the number of jobs due
to the rapid development of the private sector;
- ensure high rates of economic growth through the modernization and
diversification of the economy, increasing labor productivity;
- fight the “hidden” economy, reduce sharply its size;
- continue consistently the policy of currency liberalization and conduct a stable
monetary policy;
- train qualified personnel capable of solving strategic problems of economic
development;
In the Republic of Uzbekistan in subsequent years, measures are being
implemented to reduce the participation of the state in the economy, further
development of private entrepreneurship, and transition to innovative development.
As each country makes practical plans for the future, it is necessary to take into
account the fact that the conflict of interests and competition on a global scale is
escalating, and the international situation is heating up.
Especially at current global level, the global crisis, resulting from the widespread
spread of coronavirus infection and economic and political disagreements
between countries, has caused a sharp reduction in production and consumption
in countries with large economies, disruption of global production chains and trade
relations, and a decrease in prices for raw materials in the world. financial market
and the deterioration of market conditions and a sharp decline in the income of
the population will lead to a deterioration in the level and quality of life.
The aggravation of the economic and socio-political situation in a number
of countries, in particular, the growth of the budget deficit, the growth of
unemployment, the growth of the shadow economy, the decline in industrial
production, social tension, and political instability in society directly negatively
affect the interests of our country in pursuing an effective foreign trade policy.
According to the State Statistics Committee of the Republic of Uzbekistan (1), in
2020 the foreign trade turnover of the republic is 36299.3 million 5451.7 million
US dollars compared to 2019. US dollars decreased by 13.1%. In such conditions, in
the development of the foreign economic activity of the Republic of Uzbekistan,
which is part of the world economic system, it is necessary to strengthen the
importance of small businesses and private entrepreneurship in diversifying and
geographically expanding the structure of the country’s economy. foreign trade,
improving the state budget, living standards, and quality of the population.
One of the main directions for achieving these goals is the creation of a healthy
competitive environment through the reform and development of the leading
sectors of the economy, the gradual reduction of state participation in foreign
economic activity, and the expansion of the participation of small businesses and
private entrepreneurs.
But at the same time, it should be noted that the current level of global integration
is differentiated in relation to countries and regions, as well as to individual markets.
The global crisis that began at the end of 2019 and continues to this day, as a
result of the spread of various dangerous infections, has led to a sharp reduction
in production and consumption in almost all countries of the world, the collapse of
global production chains and trade relations, raw materials in the financial market,
and lower prices for goods and the deterioration of the world market, which in
«Yangi O‘zbekiston: Moliyaviy hisobotning xalqaro
standartlarini joriy etishda muvaffaqiyatli
xalqaro tajriba» 16 dekabr, 2022 yil.
18
turn affects a sharp decline in incomes of the population, leads to a deterioration
in the standard of living and quality of life.
Similar negative situations occurring in the world economy had a negative
impact on the economy of the Republic of Uzbekistan, which is part of the world
economic system. This, in turn, requires the implementation of certain measures
to mitigate the negative consequences of the current situation. The main attention
was paid to supporting the rapidly developing sectors of the republic’s economy
and ensuring their sustainability.
In pursuance of the Decree of the President of the Republic of Uzbekistan dated
March 19, 2020 “On priority measures to mitigate the negative impact of the
coronavirus pandemic and the global crisis on the sectors of the economy”, the
“Fund to Combat” was established and the following were identified as the main
areas of its use:
a) material incentives for activities carried out by medical institutions to combat
the spread of coronavirus infection, and medical workers directly involved in them;
b) expansion of guarantees and compensation of interest expenses on loans
issued by the State Fund for Support of Small Business and Entrepreneurship,
primarily for the production, purchase, and sale of socially significant consumer
goods, additional infrastructure aimed at expanding economic activity and
employment in the territories of the republic, implementation of projects, and also
the construction of utilities, primarily in small industrial zones;
c) expansion of social support for the population, improvement of the level and
quality of life of the population.
Адабиётлар руйхати:
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Халқаро молия корпорациясининг «Бизнес юритиш» йиллик ҳисоботида Ўз-
бекистон Республикасининг рейтингини яхшилашга доир қўшимча чора-тад-
бирлар тўғрисида”. –Т.: 2019 йил 5 февраль, ПҚ-4160-сон.
2.Мирзиёев Ш. М. Танқидий таҳлил, қатъий тартиб-интизом ва шахсий жа-
вобгарлик – ҳар бир раҳбар фаолиятининг кундалик қоидаси бўлиши керак.
–Т.: Ўзбекистон, 2017. – 104 б
3.Симионова Н. Е. Понятие бизнес-среды предприятия. http://www.
involveman.ru/kars-572-1.html // involveman: привлечение менеджмента.
4.Ходиев Б.Ю., Қосимова М.С., Самадов А.Н. Кичик бизнес ва хусусий тад-
биркорлик. Ўқув қўлланма. –Т.: ТДИУ, 201
5.Шалбаева А.Р. ИННОВАЦИОННАЯ ДЕЯТЕЛЬНОСТЬ И ОБЪЕКТИВНЫЕ
ПРЕДПОСЫЛКИ МОДЕРНИЗАЦИИ ИННОВАЦИОННОЙ СФЕРЫ ЭКОНОМИКИ
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его инновационного развития / Т.С. Бронникова, А.В. Федотов // Вопросы
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