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THEORETICAL FOUNDATIONS AND CONCEPTUAL APPROACHES TO STRATEGIC INNOVATION MANAGEMENT
Madinakhan Shakirova

This article examines the theoretical foundations and conceptual approaches to strategic innovation management and its role in the modern economic system. The essence and content of the concept of "innovation" are analyzed, and various scientific interpretations defining innovation as a process, result, system, tool, and change are systematized and compared. The study also explores the specific features of strategic innovation management in entrepreneurial entities, key factors in the formation of innovation potential, and the regulatory and legal framework. The article analyzes the views of both domestic and foreign scholars (Komarov, Komkov, Asimova, Glazyev, OECD/Eurostat, and others) and substantiates the importance of systemic and evolutionary approaches in innovation management

11/13/2025
  • PDF (Uzbek)
61-69 73 40
A COMPARATIVE ANALYSIS OF INNOVATION EFFICIENCY IN UZBEKISTAN
Umidjon Khoshimov

This study assesses Uzbekistan’s innovation efficiency from 2020 to 2025 using Global Innovation Index (GII) data and compares it with global leaders (Switzerland, Sweden, USA), top overperformers (India, Vietnam, Morocco), and regional peers (Kazakhstan, Azerbaijan). Although Uzbekistan’s overall GII rank improved to 79th in 2025, its innovation outputs remain far below inputs, resulting in an average efficiency gap of 23 ranks. The three countries of India, Vietnam, and Morocco achieve better results than expected based on their input levels, but Kazakhstan and Azerbaijan produce outcomes that fall short of their potential. The main challenge for Uzbekistan is not investment levels but weak conversion of inputs into outputs, due to limited R&D commercialization, weak industry–research linkages, and low high-tech exports. The research suggests Uzbekistan should improve its national innovation system coordination through targeted foreign investment and venture financing for selected sectors to build an innovation-based economy

11/26/2025
  • PDF (Uzbek)
175-187 47 40
CURRENT TRENDS AND FEATURES OF THE DEVELOPMENT OF INNOVATION PROCESSES IN REGIONS
Saodat Bekmurodova

This article provides a scientific analysis of the main characteristics of the innovation system and its infrastructural structure. The study examines the role of innovation system infrastructure in ensuring regional sustainability, identifies the key elements of regional stability, and comprehensively highlights the processes of innovation infrastructure formation. In addition, the interrelation between the formation of innovation infrastructure and regional sustainability is theoretically and practically substantiated

02/11/2026
  • PDF (Uzbek)
363-367 23 8
EFFECTIVE DEVELOPMENT OF THE INNOVATIVE POTENTIAL OF A MANUFACTURING ENTERPRISE IN THE CONTEXT OF A DIGITAL ECONOMY
Saidakhrokhon Nabiev

In this article, the issues of effective development of the innovative potential of a manufacturing enterprise in the context of the digital economy are analyzed from a scientific-theoretical and practical point of view. The study highlights the influence of digital technologies, human capital, financial and organizational resources on the innovative potential of the enterprise. The level of digitalization of production processes, indicators of innovation activity, and their impact on efficiency were also studied. The article develops recommendations for increasing the efficiency of resource use, improving management and innovation processes through the implementation of digital transformation, automated systems, "Big Data," IoT, and artificial intelligence technologies

12/20/2025
  • PDF (Uzbek)
563-570 20 16
THE ESSENCE AND CHARACTERISTICS OF REGIONAL INVESTMENT-INNOVATION PROCESSES
Quvvat Khamraev

This article examines the economic essence of regional investment-innovation processes, their structural components, operational mechanisms, and specific features that emerge at the territorial level. The study analyzes the interrelation between investment activity and innovation development, their impact on the regional economic potential, and the role of infrastructure, institutional environment, and governance mechanisms in improving process efficiency. The research also highlights regional disparities, resource allocation factors, clustering processes, and modern forms of public-private partnerships. The findings provide practical value for enhancing regional competitiveness, formulating innovation development strategies, and improving regional investment policies

12/03/2025
  • PDF (Uzbek)
336-342 44 31
WAYS TO IMPROVE HUMAN POTENTIAL IN REGIONS
Mukhayo Tajieva

It is important in improving human potential in the regions, ensuring economic and social stability. The main problem of the article is the need for equal development of capacity between regions and the effective use of human resources, the development of strategies aimed at increasing the capabilities of the population in different areas, while ensuring the general well-being of society. The paper uses pictorial statistics, the Pearson correlation test, and regression analysis, and consequently shows human capacity building through education, health care, job creation, and the development of innovation in the industry. From this point of view, from a scientific and practical point of view, recommendations have been developed for the effective management of resources in the field of economic development and industry in the regions.

04/24/2025
  • PDF (Uzbek)
744-753 95 39
FOREIGN EXPERIENCE IN DEVELOPING INNOVATIVE INVESTMENT ENTREPRENEURSHIP AND IMPLEMENTING IT INTO THE NATIONAL ECONOMY
Zumrat Gaibnazarova , Jurabek Jamolov , Shavkat Fayziyev

In this article, foreign experiments of the development of innovative-investment entrepreneurship and their possibilities of application in the conditions of the national economy are scientifically-theoretically covered. In the current process of globalization, the introduction of innovations and the effective management of investments have become an important factor in economic development. Foreign experience shows that in the development of innovative-investment entrepreneurship, financial mechanisms, the perfection of the legal base, the initiative of entrepreneurs and the high level of scientific potential occupy an important place. The implementation of these experiences in the national economy makes it possible to develop innovative infrastructure, form a venture capital market, stimulate the private sector and support the activities of startups. At the same time, it is necessary to adapt foreign experience to national conditions, effectively use existing resources and improve the national innovation system. This article will analyze foreign experiences and highlight the mechanisms of their implementation for the Uzbek economy, as well as provide theoretical and practical directions for the development of national innovative and investment entrepreneurship.

09/19/2025
  • PDF (Uzbek)
130-139 96 117
WESTERN EUROPEAN COUNTRIES' EXPERIENCE AND MEASURES IMPLEMENTED IN UZBEKISTAN FOR THE DEVELOPMENT OF INNOVATIVE ACTIVITIES
Sherzod Atamuradov

The article analyzes the measures and mechanisms for supporting innovative activities in Uzbekistan. It examines state strategies, innovation technoparks, financial support, and international cooperation in promoting innovations. In addition, the successful experience of Western European countries in supporting innovation is analyzed, highlighting its relevance and potential application in Uzbekistan. It is noted that the legal and economic conditions created aim to enhance the competitiveness of Uzbekistan's economy through the development of innovation.

11/21/2024
  • PDF (Uzbek)
238-249 63 49
INNOVATION FACTORS FOR THE MANAGEMENT OF THE ACTIVITIES OF HEALTH TOURISM SERVICES
Azizbek G‘ofurov

In this article, the innovative factors of shaping the activities of tourist complexes in order to effectively use the potential of the territory for the rapid development of the sphere of health-improving tourism in the regions are thoroughly studied.

02/25/2025
  • PDF (Uzbek)
340-344 54 16
THE POTENTIAL OF THE GREEN ECONOMY IN THE INNOVATIVE DEVELOPMENT OF REGIONAL INFRASTRUCTURE
Alfira Sayfulina

This article will comprehensively analyze the role and potential of the green economy in the innovative development of regional infrastructure. Global climate changes, restrictions on Natural Resources, and increased environmental pollution are calling for the introduction of a green economy-based development model. Especially at the regional level, the formation of infrastructure in an environmentally sustainable and innovative direction is one of the pressing issues. The article covers the basic principles of the green economy, its impact on infrastructure development, the importance of environmentally friendly energy sources, waste-free technologies and sustainable transport systems. Also considered in regional projects are the possibilities of attracting green investments, increasing environmental efficiency, rational use of resources using digital technologies. This article can be useful for professionals, researchers working in the area of regional infrastructure, as well as practitioners engaged in innovative and environmental approaches.

08/07/2025
  • PDF (Uzbek)
305-314 74 47
THE IMPORTANCE OF ECONOMIC AND ENERGY RESOURCE EFFICIENCY IN SUSTAINABLE ENVIRONMENTAL DEVELOPMENT
Nasiba Khasanova

В статье рассматривается исследовании рассматриваются предложения по рациональному использованию экономических, материальных и природных ресурсов, а также внедрению инновационных решений, снижающих нагрузку на окружающую среду в целях устойчивого развития регионов. Повышение эффективности использования экономических ресурсов позволяет сократить количество отходов, оптимизировать производственные процессы и снизить затраты, одновременно способствуя уменьшению ухудшения состояния окружающей среды и экологии. В нём также предлагаются подходы к возможностям передовых технологических и организационных инноваций, использования возобновляемых источников энергии, процессов экономики замкнутого цикла и экологически безопасных методов производства. Эти подходы играют приоритетную роль в формировании основы сбалансированной стратегии, способствующей экономическому росту и сохранению природных экосистем региона. Изучение этой взаимосвязи рассматривает инновации и ресурсоэффективность как ключевые факторы достижения долгосрочной экологической и экономической устойчивости

09/30/2025
  • PDF (Uzbek)
246-251 65 30
ECONOMIC IMPACT OF THE INFORMATION-DIGITAL ECONOMY ON THE SUSTAINABLE DEVELOPMENT OF SOCIETY
Feruz Nasrullayev

This article provides a scientific analysis of the role of the informatization process in societal development, as well as its impact on economic, social, and spiritual life. The widespread implementation of information and communication technologies (ICT), the process of "digital transformation," and their role in radically changing social relations are examined and analyzed. The research employed methods of literature review, comparative analysis, and a systematic approach. The results indicate that countries with a high level of informatization experience accelerated economic growth rates, enhanced effectiveness of social management, and a highly developed intellectual potential of the population.

10/26/2025
  • PDF (Uzbek)
618-623 38 49
TECHNOLOGIES FOR IMPROVING THE FINANCIAL MANAGEMENT SYSTEM IN SMALL BUSINESS
Farrukh Juraev, Nargiza Jamilova

Cloud technologies, artificial intelligence and analytical programs are becoming increasingly important in small business management. They help small businesses develop their activities, increase efficiency, reduce costs and optimize the decision-making process. The article describes the meaning, essence and mechanisms for the implementation of innovative digital technologies in simplifying financial management and increasing the efficiency of small businesses. By introducing innovative technologies into small business processes, a synthesis of conditions for systemic management was carried out. Innovative development of small businesses, the innovative environment and the potential for innovation are considered and, based on this, are an important factor. The possibilities of accelerating business processes, reducing costs and increasing the level of accuracy and transparency of financial relations are analyzed.

11/21/2024
  • PDF (Uzbek)
94-104 152 75
DEVELOPMENT OF RETAIL INSURANCE: INTERNATIONAL EXPERIENCE AND IMPLEMENTATION PROSPECTS IN THE REPUBLIC OF UZBEKISTAN
Akrom Yuldashev

This article examines international approaches to the development of retail insurance and explores the potential for their adaptation in the Republic of Uzbekistan. Drawing on the Swiss Re Institute – Global Insurance Outlook 2024 and other key sources, it outlines global trends such as digitalization, embedded insurance, microinsurance, and insurtech. A comparative analysis of Uzbekistan, India, Kenya, and Kazakhstan highlights structural barriers and identifies strategic directions for transforming the Uzbek insurance market, with a focus on inclusivity, innovation, and sustainability.

04/19/2025
  • PDF (Uzbek)
567-573 74 40
THEORETICAL FOUNDATIONS OF SPECIAL ECONOMIC ZONES
Jamshed Islamov

This article analyzes the theoretical foundations of the Special Economic Zones (SEZ) concept and their role in economic development. It examines global SEZ models, including free trade zones, industrial parks, technology clusters, and innovation zones, highlighting their development features. Additionally, the positive impacts and potential risks of SEZs are thoroughly discussed. The findings substantiate the need to align SEZs with national industrial policy and sustainable development strategies

10/05/2025
  • PDF (Uzbek)
286-292 45 23
THE ROLE OF TAX INCENTIVES IN THE DEVELOPMENT OF BUSINESS ACTIVITIES
Zarina Makhammatova

This article examines the analysis of tax reforms and tax incentives provided to business entities in the Republic of Uzbekistan. The essence of tax incentives and their impact on the country's economy are explored. Special attention is given to the importance of tax incentives in supporting entrepreneurial activities, attracting investments, stimulating innovation, and enhancing export potential. The existing problems in the application of tax incentives are also analyzed, and possible solutions are proposed.

06/05/2025
  • PDF (Uzbek)
247-252 102 44
ARTIFICIAL INTELLIGENCE FOR THE DEVELOPMENT OF DIGITAL SERVICES IN THE REGIONAL INDUSTRY (INTELLIGENT SYSTEM)
Shohijakhon Mukhitdinov , Murodjon Norov

In this paper, the development mechanism of industrial e-services is mainly based on the cyber-physical production systems based on the automated design system (ALT) using artificial intelligence. The knowledge economy in the development of industrial e-services is emphasized by the global design systems for the production, protection, exchange, distribution and development of intelligent goods.

05/08/2025
  • PDF (Uzbek)
911-916 52 31
THE IMPACT OF INNOVATIVE FINANCIAL INSTRUMENTS ON THE DEVELOPMENT OF TOURISM IN UZBEKISTAN
Nurmukhammad Oppokkhonov

Uzbekistan has immense potential for tourism development with its rich cultural heritage and strategic location on the Silk Road. However, financial constraints have hindered the sector’s full growth. This paper examines the impact of innovative financial instruments, including public-private partnerships (PPPs), green bonds, tourism investment funds, and crowdfunding platforms, on the development of Uzbekistan’s tourism industry. The study highlights the role of these instruments in fostering infrastructure development, increasing private sector participation, and enhancing sustainability.

04/10/2025
  • PDF (Uzbek)
408-413 87 68
THE ROLE OF EXPORT IN INCREASING THE COMPETITIVENESS OF THE COUNTRY'S ECONOMY
Mukhlisa Sobirova

This scientific article discusses the concepts of competition and export, their interdependence. The factors influencing economic competitiveness and its role in the national economy of the country, the impact of export efficiency on competition, and the practical and theoretical aspects of competition are considered. The article studies the interrelated aspects of competition and the export system in the economy based on theoretical approaches

12/20/2025
  • PDF (Uzbek)
580-586 20 11
MODERN PRINCIPLES OF PROJECT MANAGEMENT THEORY (ON THE EXAMPLE OF UZBEKISTAN)
Yulduz Bo'riyeva

This article examines modern principles of project management theory and their role in contemporary economic processes. In the context of globalization and increasing competition, effective project management has become a crucial tool for both the public and private sectors. The study emphasizes the importance of strategic planning, clearly defining project goals, and assessing potential risks in advance to ensure successful project implementation. The research analyzes the rational use of resources, the establishment of effective communication among project stakeholders, and the appropriate distribution of responsibilities within the project team. It is noted that team cohesion, coordinated actions, and the motivational role of the project leader are key factors that contribute to achieving project success. Special attention is given to the development of project management practices in the context of the Republic of Uzbekistan. The article highlights the processes of infrastructure modernization, implementation of innovative technologies, realization of governmental programs, and investment projects. The necessity of improving management mechanisms to achieve sustainable socio-economic results is underlined

12/16/2025
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494-498 38 54
THEORETICAL ASPECTS OF THE ORGANIZING IN PRODUCTION IN THE BUILDING MATERIALS INDUSTRY ON THE PRINCIPLES OF QUALITY MANAGEMENT
Ilmurad Achilov

This article analyzes modern trends in the development of the construction materials industry in the Republic of Uzbekistan and covers theoretical and practical aspects of organizing production processes on the principles of quality management. The importance of the international standard ISO 9001:2015 in the implementation of quality management systems, its impact on economic efficiency and competitiveness, is scientifically based. During 2018-2024, analytical tables were formed on the volume of production of building materials, export indicators and the share of enterprises with ISO standards, revealing their dynamics of change. Also, as a result of the introduction of a quality management system, an increase in production efficiency, energy efficiency and product quality indicators has been established in enterprises

10/11/2025
  • PDF (Uzbek)
433-441 74 44
FINANCING INNOVATIVE PROJECTS BY JOINT-STOCK COMPANIES IN THE CONTEXT OF ECONOMIC MODERNIZATION
Zilola Shomansurova

This article analyzes the economic, financial, and technological foundations of developing innovative activities in joint-stock companies. It highlights the key role of innovations in modernizing the economy, enhancing competitiveness, and producing high value-added products. The study provides practical recommendations for financing, managing innovative projects, and improving their economic efficiency. The findings contribute to strengthening Uzbekistan's position in the Global Innovation Index and further developing the innovative potential of joint-stock companies.

01/03/2025
  • PDF (Uzbek)
320-331 43 23
WAYS TO STRENGTHEN THE COMPETITIVENESS OF THE BANKING SYSTEM THROUGH THE DEVELOPMENT OF DIGITAL CULTURE AND HUMAN CAPITAL
Nodirbek Khushvaktov

This article analyzes the ways to strengthen the competitiveness of the banking system through the development of digital culture and human capital potential. The study compares the experience of banks in Singapore, the United Kingdom, and South Korea with the current practice in Uzbekistan. The results reveal that the integration of digital culture and human capital is a key factor in enhancing the efficiency of banking services and ensuring sustainable competitiveness.

11/19/2025
  • PDF (Uzbek)
100-105 52 30
INFLUENCE OF INVESTITURE RELATIONS IN THE INDUSTRIALIZATION OF THE NATIONAL ECONOMY
Azizbek Samatov

In addition to machinery and equipment, finished metal products, computers, electronic and optical products, electrical equipment, machinery and equipment not included in other categories, vehicles, trailers and semi-trailers, production of other transport equipment and repair of machinery and equipment are scientifically analyzed. Moreover, the article analyzes the development of the “driver” areas of the industry in the strategy of Uzbekistan-2030 and the full employment of the industrial potential of the regions, increasing share of the production of food, beverages and tobacco products in the industrial structure of the production industry and the automotive industry

11/13/2025
  • PDF (Uzbek)
54-60 69 36
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