The article considers the definition, nature, types and types of human capital, the emergence of the concept and socio-economic category of «human capital», individual, corporate and national human capital, as well as the narrow and broad definition of human capital and the historical development of countries and civilizations in the context of human capital. Based on the analyzes and results, conclusions are given on the definition of human capital as one of the significant elements of the new economic system, and ensuring the effectiveness of its formation will create conditions for profitable activities, and, as a result, the socio-economic, scientific, technological and resource-ecological development of our countries. The development of human capital should be the main strategic goal of the state.
The article deals with the development of small business based on the experience of foreign countries, given offers and recommendations for improving the mechanism of sustainable small business in our country using the latest technologies and economic development strategies.
The article examines the existing problems in the activity of small business entities in industrial sectors of Uzbekistan, and the tasks they face. Priority directions and trends of the mechanism of sustainable development of small business entities were also considered. The authors developed proposals through an individual approach to this issue.