Authors

  • Murotjonova Mubina Dilshod Qizi
    Jizzakh Branch Of The National University Of Uzbekistan Named After Mirzo Ulugbek, Faculty Of “Psychology”, 5230100 - Economy (By Industries And Sectors), Student Of Group 140-20, Uzbekistan

DOI:

https://doi.org/10.71337/inlibrary.uz.ijasr.131281

Keywords:

Information and communication technologies telecommunications digital economy

Abstract

Today, the development of the digital economy has become one of the urgent issues in the development of the financial sector. In the conditions of the digital economy, advanced technologies, digital transformation, artificial intelligence, blockchain and virtual reality are of great importance. The technologies considered in this article are the latest technologies of the digital economy, the emergence and development of which have a strong impact on all sectors of the economy and social activities, including production, health, education, financial services, transportation and other areas showed a secret. In this article, the importance of the role of information technology in the development of the economy of Uzbekistan, together with various economic reforms, has been demonstrated through reforms in the world and in our country.


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Volume 03 Issue 07-2023

173



International Journal of Advance Scientific Research
(ISSN

2750-1396)

VOLUME

03

ISSUE

07

Pages:

173-180

SJIF

I

MPACT

FACTOR

(2021:

5.478

)

(2022:

5.636

)

(2023:

6.741

)

OCLC

1368736135
















































A

BSTRACT

Today, the development of the digital economy has become one of the urgent issues in the development of
the financial sector. In the conditions of the digital economy, advanced technologies, digital transformation,
artificial intelligence, blockchain and virtual reality are of great importance. The technologies considered
in this article are the latest technologies of the digital economy, the emergence and development of which
have a strong impact on all sectors of the economy and social activities, including production, health,
education, financial services, transportation and other areas showed a secret. In this article, the importance
of the role of information technology in the development of the economy of Uzbekistan, together with
various economic reforms, has been demonstrated through reforms in the world and in our country.

K

EYWORDS

Information and communication technologies, telecommunications, digital economy, LTE, 4G
communication, 5G communication, digital transformation, strategic document.

I

NTRODUCTION

The population of the Republic of Uzbekistan is
growing, which in turn leads to the economic

activity of the population and measures to
strengthen the activities of industrial enterprises,

Journal

Website:

http://sciencebring.co
m/index.php/ijasr

Copyright:

Original

content from this work
may be used under the
terms of the creative
commons

attributes

4.0 licence.

Research Article

EFFECTIVE DEVELOPMENT OF INDUSTRIAL ENTERPRISES
AND COUNTRY INNOVATION ACTIVITY BASED ON
INFORMATION TECHNOLOGIES IN THE DIGITAL ECONOMY


Submission Date:

July 20, 2023,

Accepted Date:

July 25, 2023,

Published Date:

July 30, 2023

Crossref doi:

https://doi.org/10.37547/ijasr-03-07-30


Murotjonova Mubina Dilshod Qizi

Jizzakh Branch Of The National University Of Uzbekistan Named After Mirzo Ulugbek, Faculty Of

Psychology

”, 5230100

- Economy (By Industries And Sectors), Student Of Group 140-20, Uzbekistan

Murotjonova Mubina Dilshod Qizi

Jizzakh Branch Of The National University Of Uzbekistan Named After Mirzo Ulugbek, Faculty Of

“Psychology”, 5230100

- Economy (By Industries And Sectors), Student Of Group 140-20, Uzbekistan


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Volume 03 Issue 07-2023

174



International Journal of Advance Scientific Research
(ISSN

2750-1396)

VOLUME

03

ISSUE

07

Pages:

173-180

SJIF

I

MPACT

FACTOR

(2021:

5.478

)

(2022:

5.636

)

(2023:

6.741

)

OCLC

1368736135















































and leads to the development of not only industry,
but also the overall economic activity of the
republic. The digital revolution, which is
manifested as a new stage of economic and
technological development, has rapidly changed
human life, created wide opportunities, and
started a period of further tightening of the
international competition.

The increase in the share of innovative activity
has led to the fact that innovations are considered
the wealth of the country, like minerals,
production capacity and intellectual potential.
There is no way to effectively use the innovative
and scientific-technical potential in the interests
of our country and its citizens without creating
the legislative basis for the formation and
implementation

of

a

multi-disciplinary

innovation policy in our country. The head of our

state stated that “Although our country has risen

by 8 points in the international information and
communication technology development index in
2019, it is still far behind. It is also true that most
ministries, agencies, and enterprises are far from
digital technologies. Of course, we know very well
that the formation of the digital economy requires
the necessary infrastructure, a lot of money and
labor resources. However, no matter how difficult
it is, if we don't start today, when will we?!
Tomorrow will be too late. Therefore, active
transition to the digital economy will be one of
our top priorities in the n

ext 5 years”.

Digital technologies not only increase the quality
of products and services, but also reduce excess
costs. At the same time, they are also an effective
tool in eliminating the scourge of corruption,

which worries and bothers me a lot. We all need
to understand this deeply. It is possible to widely
introduce digital technologies in state and
community management, social sphere, increase
efficiency, in a word, dramatically improve

people’s lives.

According to the results of various studies, the
weight of the digital economy in the world
economy ranges from 4.5 to 15.5 percent. The
United States and the People's Republic of China
account for almost 40 percent of the value added
in the global information and communication
technology sector and 75 percent of the patents
related to blockchain technologies. According to
the statistics provided by the President of our
country Sh.M.Mirziyoyev at the event dedicated
to the development of information technologies
on February 13, 2020, the share of the digital
economy in the gross domestic product in the
United States is 10.9 percent, in China it is 10
percent, and in India it is 5.5 percent. In
Uzbekistan, this figure does not exceed 2 percent.
To appreciate the growing importance and
influence of digitization, it is enough to look at the
share of global market capitalization of several
large technology companies and digital platforms
in the last decade. In today's information age, the
information communication system continues to
develop consistently. Today, it is impossible to
imagine our life without modern information
technologies. At the national level, the
development of this sector has become one of the
important factors.

That is why special attention is being paid to the
development of telecommunication networks in


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(ISSN

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VOLUME

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ISSUE

07

Pages:

173-180

SJIF

I

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FACTOR

(2021:

5.478

)

(2022:

5.636

)

(2023:

6.741

)

OCLC

1368736135















































our country. In particular, mechanization and
development of the industry according to
international standards have been identified as
priorities. As a result of practical efforts, the
efficiency of creating and using information
resources in remote regions of our country is
increasing. The choice of the state to develop the
digital economy opens up new directions in the
field of information technologies and in general,
in the field of circulation of electronic documents.

The turn to “digital

technologies” was caused by

the development of the worldwide Internet
network and quality communication.

Methodical approach to research. Studying the
legal campaigns for the development of the digital
economy in our country;

- to study the place of the digital economy in the
development of the countries of the world;

- analysis of reforms in our country in numbers;

- presentation of conclusions and proposals.

The main results of the research. In modern
conditions, the governments of various countries
are spending large amounts of money on
scientific research and innovation. Developed
countries spend about 3% of GDP on innovation,
while countries with transition economies spend
much less. However, in the context of the global
economic crisis, the task of increasing the
efficiency of the use of funds allocated to
enterprises and scientific groups is in the first
place. In this regard, we come across the concept
of economic efficiency. For these purposes, the
European Innovation Indicators (EIK) are

published annually in the countries of the
European Union. Also, in 2007, technical
efficiency indicators were calculated for a
number of EU countries based on the method of
analyzing the working environment. The analysis
of the competitiveness of the Belarusian economy
and the impact of innovations on this indicator
was carried out based on the method of analyzing
the activity environment. In this study, the author
used 43 countries, 3 input parameters (GDP
intensity, number of scientists per million people,
education expenditure relative to GDP%), as well
as 3 variables (number of national patent
applications, high technologies) exports as a % of
industrial exports, ICT exports in the total export
volume%). The result shows that profit in this
case is created not by material production
(industrial economy), not by finance (capital), but
by innovation fields and the intellect of scientists.
Researchers E. Toffler, F. Fukuyama, D. Bell, J.
Naisbitt and others believe that for most
developed countries in the modern world, it is the
innovative economy that provides global
economic superiority. Currently, the United
States, Germany, Japan, Australia, Canada,
Sweden, Finland, Singapore, Israel and other
countries are among the countries with
innovative economy, which have developed
venture business of innovative economy. If we
pay attention to the following thoughts of Karl
Schwab, we should understand how technologies
are changing our lives and how they will change
the lives of the future generation, because these
technologies are completely changing the
economic, social, ecological and cultural


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(ISSN

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VOLUME

03

ISSUE

07

Pages:

173-180

SJIF

I

MPACT

FACTOR

(2021:

5.478

)

(2022:

5.636

)

(2023:

6.741

)

OCLC

1368736135















































conditions of our lives. Who will develop the
digital economy? An important question arises.

The National Project Management Agency under
the President of the Republic of Uzbekistan is an
authorized div in the field of introduction and
development of the digital economy.

In addition, the Ministries of Economy, Finance,
Information Technology, Justice, and other state
structures have specific responsibilities and tasks
for the development of the digital economy. This
was also emphasized in President Shavkat

Mirziyoyev’s Address to the Senate and

Legislative Chamber of the Supreme Assambley. It
should be noted that some elements of the digital
economy are already successfully operating in the
life of our country. In particular, taking into
account the mass transfer of documents and
communications to digital means, authorization
of electronic signatures and communication with
the state are also being transferred to electronic
platforms.

According to UN Secretary General Antonio

Guterres, “the digital economy can create new

risks, including threats to cyber security,
facilitation of illegal economic activities, and
violations of privacy. Making new decisions
requires collaborative action by governments,
civil society, academic groups, the scientific

community, and the technology sector”.

In fact, it is necessary to strengthen international
cooperation as much as possible in the expansion
of the scale of the digital economy. At this point, it
should be noted with pleasure that as a result of
the effective measures being taken in the field of

information security in Uzbekistan in 2019, it
rose by 41 places and took 52nd place in the
Global Cyber Security Index.

In accordance with the decision of the President
of the Republic of Uzbekistan No.2126 of
February 12, 2014, the work on the development
of the network of the national mobile
communication operator of the GSM standard is
being continued, the expansion of the mobile
communication network of the GSM standard
throughout Uzbekistan has been carried out.

In 2019-

2020, JSC “Uzbektelecom” implemented

10 investment projects with a total equivalent of
282.8 million US dollars from all sources of
financing (implementation of the projects is
considered to be carried over from 2019 to 2020,
of which 111.9 million were spent in 2019. USD,
USD 170.9 million in 2020). Including:

The sources of funding for projects implemented
in 2019-2020 are as follows:

100 mln. about US dollars due to loans from
International Financial Institutions;

90 mln. USD from telecommunications
equipment manufacturers product credit
account;

3.1 mln. US dollars from foreign direct
investment;

58.8 mln. US dollars from the company’s own

funds.

According to funding sources:

1. The following projects were implemented at
the expense of loans from international financial


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VOLUME

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173-180

SJIF

I

MPACT

FACTOR

(2021:

5.478

)

(2022:

5.636

)

(2023:

6.741

)

OCLC

1368736135















































institutions: “Modernization of switching centers
based on IMS technology” project.

2. “Extension of trunk and multiservice data

transmission networks based on DWDM

technology” project.

The following projects were implemented at the
expense of product loans of telecommunications
equipment manufacturing companies and loans
from foreign banks:

“UzMobile” project to modernize the

broadband connection network of the mobile
operator, create a data storage and processing
center and expand the DWDM transport
network;

“Expansion of modern telecommunications
services in the territories of the Republic”

project;

Project “Extension of data storage center”;

“UzMobile” national communication operator

network expansion project.

At the expense of direct foreign investment:

The project “Launching the production of
optical fiber analog cables” is being

implemented.

Project “Uzbektelecom” AK and Asia is being

implemented in cooperation with investors
from developed countries in the region.

“Global Optical Communication Uzbekistan”

joint venture was established to implement
the project.

Project implementation period: 2020-2021.

Own funds of “Uzbektelecom” JSC project
“Construction of optical fiber communication

lines across the Rep

ublic” was implemented.

As a result of the implementation of the above
projects, the following results were achieved in
2020:

speed of trunk and multiservice data
transmission networks to regional centers is
200 Gbit/s. to district centers 40 Gbit/s.
expanded to;

the possibility of inter-network connection
has been expanded to 23886 E1 digital ports;

the capacity of transport switching centers
increased

to

701,500

simultaneous

connections;

8 RRLs were modernized in the process of
equipment;

431 mobile communication base stations
were built;

3012 mobile communication base stations of
2G standard were modernized on the basis of
3G/4G technology;

storage capacity of existing data and
processing centers increased by 10 Petabytes;

the above analysis shows that the company
has increased its prospects for high results as
well as using the investments effectively.

C

ONCLUSIONS

In the current era of human development and in
the future, the qualitative development of
economic networks, the social sphere and the
state management system is directly related to
the

widespread

introduction

of

digital


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SJIF

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)

(2022:

5.636

)

(2023:

6.741

)

OCLC

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technologies. The prospect of our country's
development also depends on the development of
the digital economy and the level of coverage of
digital technologies. To achieve this, it is
appropriate to list the following basic conditions
and priorities for the development of a digital
economy:

Creating an institutional environment and
digital infrastructure for the stable operation
of digital technologies, providing public
services, wide introduction of digital
technologies in the real sector of the economy,
healthcare and other areas, as well as
developing the territory of the Republic of
Uzbekistan step by step to ensure as complete
coverage as possible with the possibilities of
connecting to the global Internet network at
the level of countries;

Expanding the scope of personnel training and
training

qualified

programmers

and

engineering

personnel

with

in-depth

knowledge in these areas, teaching modern
information technologies that fully meet
international standards at all levels of the
educational system, including with our
foreign partners trial implementation of
projects with a high joint result in the territory
of Uzbekistan;

Strengthening the scientific-theoretical base
in the field of digital economy and supporting
scientific activities in this field with the

purposeful use of the funds of the “Digital
Trust” fund;

Conducting seminars, courses and other
events in educational institutions in order to

promote and expand “digital literacy” among

the broad strata of the population, to involve
them in mastering information technologies;

Strengthening the regulatory framework and
improving legislation in the field of digital
economy,

To organize a labor market that meets the
requirements of the digital economy and to
improve the qualifications of specialists for
the rapid assimilation of new technologies;

Organization of modern scientific production
laboratories for innovative developments.

International experience shows that today digital
technologies are rapidly developing mainly in the
scientific community and the private sector.
Therefore, the state should create a favorable
ecosystem by supporting innovative projects and
IT companies in these areas.

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(ISSN

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VOLUME

03

ISSUE

07

Pages:

173-180

SJIF

I

MPACT

FACTOR

(2021:

5.478

)

(2022:

5.636

)

(2023:

6.741

)

OCLC

1368736135















































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Pages:

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Meeting of the President of the Republic of Uzbekistan Shavkat Mirziyoyev with scientists and young people on January 31, 2020. February 1, 2020.

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Mesenbourg T.L. (2001) MeasuringtheDigital Economy, US Bureau of the Census, Suitland. Available at: (acc. 01/02/20). ions. Canberra: DBCDE (2009) Australia’s Digital Economy: Future Direct.

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