THE DEVELOPMENT OF SMALL BUSINESS IN UZBEKISTAN’S ECONOMY: THE IMPACT OF MODERN MANAGEMENT AND INNOVATIVE APPROACHES
Keywords:
Small business development, Innovative approaches, Modern management, Economic efficiency, Entrepreneurship opportunities, Competitiveness, Uzbekistan’s economyAbstract
In recent years, Uzbekistan’s economy has experienced significant growth, with the role of small businesses increasingly becoming crucial. Small businesses not only create job opportunities but also enhance economic efficiency by implementing innovative ideas and modern management approaches. Additionally, the development of small businesses has a direct impact on the socio-economic stability of the country.
The aim of this study is to investigate the effectiveness of modern management and innovative approaches in the development of small businesses in Uzbekistan. The research objectives include:
- Analyzing statistical data on the development of small businesses;
- Identifying innovative and modern management approaches;
- Assessing the effectiveness of these approaches and providing practical recommendations.
References
1. State Committee of the Republic of Uzbekistan on Statistics. Annual Economic Indicators. Tashkent, 2024.
2. Karimov, A. Small Business and Innovations. Tashkent, 2023.
3. Islomov, B. Modern Management Approaches. Tashkent, 2022.
4. Google Scholar articles and international research (2019–2024).