ISSN:
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2025
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«MODERN
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310
OPPORTUNITIES TO USE INNOVATIVE FACTORS IN ENSURING
MACROECONOMIC STABILITY IN UZBEKISTAN
Norbotayeva Farangiz Kuvondiq kizi
master of Tashkent State University of Economics.
https://doi.org/10.5281/zenodo.14646562
Abstract. This article develops scientifically based proposals and practical
recommendations on the formation of a new open innovation model in industrial production to
ensure the macroeconomic stability of our country, increasing the possibilities of using innovative
factors by creating an institutional environment for innovative development of Regions.
Keywords: Macroeconomic stability, innovative factors, innovative development,
innovative economy, innovative environment, scientific and technical potential, use of innovations,
new innovative products, innovative activities of enterprises, innovative policies.
ВОЗМОЖНОСТИ ИСПОЛЬЗОВАНИЯ ИННОВАЦИОННЫХ ФАКТОРОВ В
ОБЕСПЕЧЕНИИ МАКРОЭКОНОМИЧЕСКОЙ СТАБИЛЬНОСТИ В
УЗБЕКИСТАНЕ
Аннотация. В статье разрабатываются научно обоснованные предложения и
практические рекомендации по формированию новой модели открытых инноваций в
промышленном производстве для обеспечения макроэкономической стабильности нашей
страны, повышения возможностей использования инновационных факторов путем
создания институциональной среды для инновационного развития регионов.
Ключевые слова: Макроэкономическая устойчивость, инновационные факторы,
инновационное развитие, инновационная экономика, инновационная среда, научно-
технический потенциал, использование инноваций, новая инновационная продукция,
инновационная деятельность предприятий, инновационная политика.
Along with the rapid development of scientific and technical potential in the world, the
intelectualization of the main factors of production is growing. The introduction of innovation has
become an important factor in economic growth and ensuring the competitiveness of the market.
The issue of increasing the efficiency of the use of funds allocated to enterprises and
scientific communities in the conditions of the crisis in the world economy comes to the fore. For
these purposes, the European Innovation Scoreboard — EIS (European Innovation Scoreboard-
EIS) is published annually in the states of the European Union.
ISSN:
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2025
International scientific journal
«MODERN
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АND RESEARCH»
VOLUME 4 / ISSUE 1 / UIF:8.2 / MODERNSCIENCE.UZ
311
On the basis of the method of analyzing the environment of the functioning, indicators of
technical efficiency have been calculated for a number of EU states.
Based on the results obtained, all states are grouped into 4 groups: innovative leader States;
innovative followers; countries that are moderate innovators; countries that lag behind innovative
development.
Using this method, the following indicators are analyzed:
- Scientific intensity of GDP;
- the number of scientists per million inhabitants;
- expenses incurred in the field of education, relative to GDP;
- number of National applications filed for patents;
- high-tech exports, compared to gross industrial exports;
- export of Information Communication Technologies, in relation to total exports.
In general, the decisive factor that determines the sustainable development of the
innovative economy in the current period is the formation and development of the country's
innovative environment, the creation and use of new technologies for the production of products,
associated with the use of the results of developments for the creation of new types of products in
terms of scientific research.
In our country, in terms of qualitative improvement of the structural structure of the
industrial production sector, the formation of a new structural composition of the industry and the
improvement of the targeted use of the industrial potential of the regions, the specialization scale
of industrial production areas and the priorities of network activity are being placed.
However, the formation of a new open innovation model in industrial production, the
regions require the institutional environment of innovative development and the identification of
structural elements of this environment, ensuring the macroeconomic stability of industrial zones
through a system of preferences, the transition from traditional industrial production to an
innovative production path and qualitative improvement of the composition of industrial exports.
The president of the Republic of Uzbekistan M.Mirziyoev noted in his appeal to the
Supreme Assembly:"...in free economic zones and small industrial zones, it is necessary to
organize the placement of business entities, granting them privileges and preferences in an
organizational and legal way.
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2025
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First of all, it is necessary to provide such an opportunity to entrepreneurs and foreign
investors who are releasing products for export, establishing innovative and high-tech
production"
1
.
It should be noted that ensuring the macroeconomic stability of the national economy is
carried out on the basis of innovative development of industrial production.
And this can be justified by the following:
- income from industrial production is the main source of financial and investment
resources.
At the moment, the export-oriented sectors of the industry provide the bulk of foreign
exchange revenues that allow the import of new techniques and technologies;
- industrial production, along with food products, is also a manufacturer of tools, machines,
materials necessary for the modernization of industries and other industries;
- the modernization of industry sets the stage for the transition to an innovative economy.
Only the constant creators of goods and methods of production, new to the enterprise, the
market and the world, win in an atmosphere of growing fierce competition;
- the modernization of industry sets the stage for the transition to an innovative economy.
Only the constant creators of goods and methods of production, new to the enterprise, the
market and the world, win in an atmosphere of growing fierce competition.
Today it is possible to witness an increase in the volume of the use of innovations in the
country's economy (Table 1).
In the table above, the number of enterprises and organizations that introduced innovations
in our country in 2021 is 935, while the number of enterprises in question is 1024 by 2024.
The number of innovations introduced (technological, marketing, organizational),
however, was 1,819 in 2021, compared to 2,046 in 2023 and 2,558 in 2020.
The total volume of innovative products (goods, works and services) produced is 8023.6
billion in 2021.the sum is, and by 2024 it has increased by almost 4 times compared to 2021 to
28,871.5 crore.it can be seen that the sum was formed.
1
Address of the president of the Republic of Uzbekistan Shavkat Mirziyoev to the Supreme Assembly // People's
word. December 23, 2020.
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VOLUME 4 / ISSUE 1 / UIF:8.2 / MODERNSCIENCE.UZ
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Table 1.
Analysis of innovative activities of enterprises and organizations
2
2021 у.
2022 у.
2023 у.
2024 у.
Number of enterprises and organizations that have introduced innovations:
Technological
894
893
975
982
Marketing
14
20
22
17
Organizational
27
20
26
25
Number of innovations introduced:
Technological
1737
1816
1946
2482
Marketing
36
51
62
42
Organizational
46
39
38
34
The volume of innovative products (goods,
works and services) developed, billion.
soum
8023,6
10688,2
18543,3
28871,5
Costs for innovation, billion. soum
5528,3
2571,4
4162,3
4707,2
The proportion of new innovative types of products in industrial production was 69.7
percent in Germany, 43.7 percent in the United Kingdom, and 41 percent in Norway
3
. In a number
of industries of Uzbekistan, a new type of innovation is provided by the creation of finished
products and production production products with the name of degree of industrial diversification.
For example, the total production volume of the network during 2019 - 2023 was the share
of new type of products: from 0.02% to 2.2% in the light industry; from 0.6% to 2.5% in the food
industry; from 1.7% to 7.5% in the chemical and petrochemical industries; from 0.1 Foyez in
metallurgy to 6.8 Foy. Thanks to this, the volume of production of industrial products the share of
products of the new type of innovation was increased from 4.5% in 2018 to 10.2% in 2024, and
the proportion of products to the corresponding period of the year mastered was 138.9%
4
.
The formation of an innovative economy in the Republic of Uzbekistan, achieving a high
level of economic growth quality, entering the market of high-tech products and taking its place
in the market of innovative technologies is a complex process that requires a long market period
and a large amount of foreign investment
5
. The share of foreign investments and loans invested in
fixed capital in our republic in financing sources is growing at 21.7 percent in 2019, 28.8 percent
www.stаt.uz - Official website of the statistical agency under the president of the Republic of Uzbekistan.
3
http://www.wоrldbаnk.оrg – World Bank official website
www.stаt.uz - Official website of the statistical agency under the president of the Republic of Uzbekistan.
5
Ulashov, A. R. (2024). Ways to increase investment activity of enterprises in Uzbekistan.
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in 2020, 21.4 percent in 2022, and 29.2 percent by 2024. 31,350.0 crore in the national economy
in 2024. SoC. foreign investments in fixed capital were absorbed
6
.
Figure 1. The share of new innovative types of products in the volume of production
of industrial products, in percentage, (2024)
7
The transition of the Republic of Uzbekistan to an innovative economy leads to an increase
in the volume of innovative products, works and services in the country's GDP and an increase in
the number of enterprises and organizations operating in it. For example, the volume of innovative
products increased from Rs 1325 crore in 2018 to Rs 21746 crore by 2024. Accordingly, the
number of enterprises producing innovative products in our Republic increased from 289 in 2020
to 2456 by 8.5 times by 2024. Including, for the first time, the number of enterprises that have
mastered the production of innovative products, Works, Services has increased to 1007.
In particular, in the development strategy of the New Uzbekistan for 2022-2026, special
attention is paid to the promotion of research and innovation activities, the creation of effective
mechanisms for the practical implementation of scientific and innovation achievements, the
establishment of specialized scientific and experimental laboratories, high technology centers and
technoparks under higher educational institutions and research institutes
8
.
At the same time, in accordance with the decree of the president of the Republic of
Uzbekistan dated November 29, 2017 PF-5264, in order to ensure the rapid innovative
development of all sectors of the economy and the social sphere on the basis of advanced foreign
www.stаt.uz - Official website of the statistical agency under the president of the Republic of Uzbekistan.
7
http//www.wоrldbаnk.оrg
- World Bank official website
8
Ulashov, A. (2023). The Main Areas of Development of Small Business and Private Entrepreneurship in Ensuring
Economic Activity.
EUROPEAN JOURNAL OF BUSINESS STARTUPS AND OPEN SOCIETY
,
3
(6), 23-29.
0,00%
10,00%
20,00%
30,00%
40,00%
50,00%
60,00%
70,00%
Germany
Great Britain
Norway
Ўзбекистон
69,70%
43,70%
41%
10,20%
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experience, modern achievements of World Science, innovative ideas, developments and
technologies, the following are established as the main directions:
-the creation of a strategic planning system that will allow the formation of future models
of innovative development of priority areas and sectors on the basis of long-term scenarios for
increasing the intellectual and technological potential of the country;
-introduction of innovative forms of Public Administration that ensure optimization and
simplification of procedures for the provision of public services, increase the efficiency of the
activities of Public Administration bodies;
-to provide comprehensive support and promotion of research and innovation activities,
first of all, creative ideas and developments of the younger generation, as well as favorable
conditions for the active participation of talented youth in this activity;
- establishing long-term cooperation with advanced foreign (international) organizations in
the field of innovation activities, including their know-how, nanotechnology and the production
of high-tech goods (works, services), modern forms of strategic planning for the public
administration system, innovative ideas in order to effectively implement the measures established
in the action strategy "priorities for the development and liberalization of the economy"for 2017-
2021, a concept has been developed that explains step by step the state policy aimed at"the
introduction of developments and technologies", which consists of 10 steps. The first five points
indicate the need to form a favorable environment for innovation in the economy. It is only when
these tasks are fulfilled that it is possible to create a favorable environment for innovative
development, so that the financial support of innovation in Uzbekistan can pay off.
In addition to providing a favorable environment, direct financing of scientific research and
innovation, an integral component of innovation policy, is also considered important. An active
financial support policy is more attractive to the state. Because it seeks to achieve accurately
measured results faster. And creating an attractive environment is a long process in relation to it,
complex systematization and in it it is impossible to know in advance who is a clear beneficiary.
The law of the Republic of Uzbekistan "on innovative activities", which is currently under
discussion, provides for the implementation of the innovation policy through the state program for
the development of a national innovation system, approved for a period of 5 years.
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Address of the president of the Republic of Uzbekistan Shavkat Mirziyoev to the Supreme
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