Authors

  • Shakhlo Rakhimova
    Assistant Of The Tashkent Financial Institute, Uzbekistan

DOI:

https://doi.org/10.37547/ijmef/Volume03Issue12-06

Keywords:

The digital economy Business-to-Consumer an organization

Abstract

In Uzbekistan, entrepreneurship is considered one of the main factors in the development of the country's economy, and its support by the government requires the wide involvement of digital technologies in this field. In particular, the use of digital technologies in the provision of services by customs, tax, banking and other systems, the introduction of remote services, and the reduction of the interference of the information factor as much as possible will ensure that the ongoing developments in this field will be more effective.


background image

Volume 03 Issue 12-2023

30


International Journal Of Management And Economics Fundamental
(ISSN

2771-2257)

VOLUME

03

ISSUE

12

P

AGES

:

30-33

SJIF

I

MPACT

FACTOR

(2021:

5.

705

)

(2022:

5.

705

)

(2023:

7.

448

)

OCLC

1121105677















































Publisher:

Oscar Publishing Services

Servi

ABSTRACT

In Uzbekistan, entrepreneurship is considered one of the main factors in the development of the country's economy,

and its support by the government requires the wide involvement of digital technologies in this field. In particular, the

use of digital technologies in the provision of services by customs, tax, banking and other systems, the introduction

of remote services, and the reduction of the interference of the information factor as much as possible will ensure

that the ongoing developments in this field will be more effective.

KEYWORDS

The digital economy, Business-to-Consumer, an organization, the Internet.

INTRODUCTION

In the context of the digital economy, the use of

modern innovative technologies in the field of

entrepreneurship, the widespread introduction of

online sales and auctions, the transition to the use of

online banking services and delivery services will serve

to further develop this sector. The introduction of e-

commerce systems in the industry provides innovation

and wide development of competitiveness and is one

of the main factors of economic growth in the industry.

On a global scale, global e-commerce sales have grown

tenfold in the last few years.

According to the international research company

"eMarketer", in 2019, the volume of e-commerce sales

worldwide was 3.535 trillion US dollars, and by 2023,

this figure will almost double. One of the most popular

types of e-commerce is B2S (Business-to-Consumer),

Research Article

ON THE NEED TO SUPPORT ENTREPRENEURSHIP IN THE DIGITAL
ECONOMY

Submission Date:

December 06, 2023,

Accepted Date:

December 11, 2023,

Published Date:

December 16, 2023

Crossref doi:

https://doi.org/10.37547/ijmef/Volume03Issue12-06


Shakhlo Rakhimova

Assistant Of The Tashkent Financial Institute, Uzbekistan

Journal

Website:

https://theusajournals.
com/index.php/ijmef

Copyright:

Original

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

attributes

4.0 licence.


background image

Volume 03 Issue 12-2023

31


International Journal Of Management And Economics Fundamental
(ISSN

2771-2257)

VOLUME

03

ISSUE

12

P

AGES

:

30-33

SJIF

I

MPACT

FACTOR

(2021:

5.

705

)

(2022:

5.

705

)

(2023:

7.

448

)

OCLC

1121105677















































Publisher:

Oscar Publishing Services

Servi

which

covers

business-to-consumer

business

relationships. In this case, an organization or an

individual can order and pay for the purchase of goods

using the Internet. Ordered goods will be delivered to

the postal address of an individual by conventional mail

or courier service. This is done very quickly and

conveniently, leading to a sharp reduction in funds,

time and other costs.

In the world, the online trade market through

electronic commerce systems is developing more and

more. Companies such as Amazon, the world leader in

this field, as well as China's Alibaba and JD.com, are

considered supergiants of this direction, and currently

their share is around 40 percent of the world's online

store sales, they control seven out of ten of the largest

e-commerce markets in the world, and goods in the

global logistics network determines the direction of

movement.

Article 3 of the Law of the Republic of Uzbekistan "On

Electronic Commerce" states that "Electronic

commerce is the sale of goods, works, services, and

transactions carried out in accordance with the

contract using information systems."

In the Resolution of the head of our state "On

measures for the rapid development of electronic

commerce" "Development of the sectors of the

country's economy, expansion of the geography and

volume of exports of local business entities, sale of

national products to the world market through the

Internet, development of electronic commerce, taking

into account its role in the improvement of payment

systems creation of favorable conditions for According

to it, e-commerce participants are given a number of

benefits and facilities, which will serve the

development of the sector. In particular, electronic

checks, receipts, messages and other methods that

allow the identification of the parties to the

transactions formed by the information systems during

the provision of services by business entities have been

equated to receipts, vouchers, tickets and other

documents confirming payments for goods (services),

transfer of funds to the service bank may be accepted

in the form of cash.

E-commerce entities have the right to accept payments

through corporate bank cards of business entities, as

well as electronic payment systems, using payment

terminals in the implementation of trade activities,

virtual terminals (E-POS) are equal to this type of cash

registers and payment terminals. It is allowed to sell

medicines and medical products through electronic

commerce, taking into account the requirements of

legal documents.

Reforms in the field of e-commerce development in

Uzbekistan are bearing fruit today. Today, in our

country, budget organizations have switched to 100%

electronic trading system for the goods and services

they purchase at the expense of budget funds. This, of

course, serves to ensure that goods and services are

available at transparent and realistic prices, save time,

prevent corruption, and ensure the correct and


background image

Volume 03 Issue 12-2023

32


International Journal Of Management And Economics Fundamental
(ISSN

2771-2257)

VOLUME

03

ISSUE

12

P

AGES

:

30-33

SJIF

I

MPACT

FACTOR

(2021:

5.

705

)

(2022:

5.

705

)

(2023:

7.

448

)

OCLC

1121105677















































Publisher:

Oscar Publishing Services

Servi

effective use of budget funds. The achievements of

Uzbekistan in this field have been recognized by the

World Bank and various international organizations

and have confirmed its effectiveness.

In addition, fundamental positive changes are taking

place in other main segments of e-commerce, namely

B2C (business and population), B2B (business and

business), S2S (population and population), B2G

(business and government). Among the population of

Uzbekistan, especially young people, the wide use of

opportunities created in the field of electronic

commerce systems, implementation of various tax,

water, electricity services through electronic payment

systems, implementation of the purchase of various

electronic goods and other goods through the Internet

system, and the use of other opportunities are

expanding. Especially in the conditions of the

pandemic, the volume of use of e-commerce services

has increased several times.

The volume of purchases of various goods (especially

electronics and supplies) from the US, China and other

countries using e-commerce tools (Alibaba, Google,

JD.com, etc.) is increasing day by day. The ever-

increasing volume of e-commerce products, various

foreign parcels and small packages coming through

customs posts, is creating an unprecedented number

of exchanges, and the cooperation between the postal

and customs services of various countries is required to

be more perfect than ever. Existing customs

procedures and regulatory mechanisms are required to

adapt to the rapid growth of e-commerce today.

The development of the new e-commerce market

requires

strengthening

cooperation

with

the

International Customs and Transport Offices of the

Universal

Postal

Union

(Universal

Customs

Organization), the International Air Transport

Association, and the International Civil Aviation

Association in order to ensure the continuous,

coordinated and reliable operation of the global

logistics network.

There are several tasks that need to be solved in the

context of the development of the e-commerce

system in Uzbekistan, one of which is to reduce the

time of delivery of goods from foreign online stores

and facilitate the transfer of goods sent abroad from

our online stores. In particular, based on the

international experience in this regard, the creation of

"special" customs warehouses 63 and full automation

of their activities would also bring great convenience.

For this purpose, it is possible to create bond zones

aimed at the markets of Uzbekistan, Turkmenistan,

Tajikistan, Kazakhstan and, in the near future,

Afghanistan. This provides an opportunity for the

further development of cross-border trade relations of

Uzbekistan

with

neighboring

countries,

the

acceleration of the delivery of goods sent through e-

commerce in the customs "bond zones" to be created,

and the further increase of convenience for customers.


background image

Volume 03 Issue 12-2023

33


International Journal Of Management And Economics Fundamental
(ISSN

2771-2257)

VOLUME

03

ISSUE

12

P

AGES

:

30-33

SJIF

I

MPACT

FACTOR

(2021:

5.

705

)

(2022:

5.

705

)

(2023:

7.

448

)

OCLC

1121105677















































Publisher:

Oscar Publishing Services

Servi

At the same time, it will be necessary to develop

mechanisms for sending goods produced in

Uzbekistan to other countries through electronic

commerce. These issues can be implemented by

carefully studying them with the participation of

experts and, if necessary, making amendments to the

existing regulatory documents. In the near future, the

world trade turnover is preparing to fully transition to

the electronic commerce system, which is fast,

convenient and cheap, and it is expected that the

countries that have fully adapted it, and widely use its

convenience and advantages, will have great

opportunities and provide employment to a large

number of people.

The development of e-commerce in our country

remains one of the urgent tasks of today, and it is

necessary to use all opportunities to find ways of its

further development, and to make its implementation

one of the important tasks.

REFERENCES

1.

Decree of the President of the Republic of

Uzbekistan dated January 28, 2022 No. PF-60 "On

the development strategy of New Uzbekistan for

2022-2026".

2.

Besner C., Hobbs B. Project management practice,

generic or contextual: A reality check // Project

Management Journal. 2008. Vol. 39. #1. P. 16

33.

3.

Ika LA Project success as a topic in project

management journals // Project Management

Journal. 2009. Vol. 40. #4. P. 6

19. DOI:

10.1002/pmj.20137

4.

Dergachyova T.A. Digitization and monitoring of

investment projects // New trends in economic

science and education / TF REU im. G,V,

Plekhanova. 2021.

5.

Teplova T.V. Investment leverage maximization

cost company. Praktika rossiiskikh predpriyatiy. M.,

2007. 6. http://www.sciencedirect.com.

References

Decree of the President of the Republic of Uzbekistan dated January 28, 2022 No. PF-60 "On the development strategy of New Uzbekistan for 2022-2026".

Besner C., Hobbs B. Project management practice, generic or contextual: A reality check // Project Management Journal. 2008. Vol. 39. #1. P. 16–33.

Ika LA Project success as a topic in project management journals // Project Management Journal. 2009. Vol. 40. #4. P. 6–19. DOI: 10.1002/pmj.20137

Dergachyova T.A. Digitization and monitoring of investment projects // New trends in economic science and education / TF REU im. G,V, Plekhanova. 2021.

Teplova T.V. Investment leverage maximization cost company. Praktika rossiiskikh predpriyatiy. M., 2007. 6. http://www.sciencedirect.com.