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THE ROLE OF SCIENCE, TECHNOLOGY AND INNOVATION (STI) PARKS IN PROMOTING SUSTAINABLE ECONOMIC DEVELOPMENT OF UZBEKISTAN: PROBLEMS AND RECOMMENDATIONS
Bunyod Raxmatullayev

The gap analysis of Uzbekistan's Science, Technology, and Innovation (STI) parks reveals several important areas that need focus and enhancement. The current performance of these parks reflects mixed outcomes in driving innovation and economic growth, facing considerable challenges in achieving effective collaboration among research institutions, industries, and government policies.
The main findings show that although Uzbek STI parks have made progress in business incubation, they still fall short in fostering significant technological advancements and diversifying the economy. Key obstacles include inadequate collaboration between universities and industries, limited access to venture capital, and a weak entrepreneurial culture.
The report highlights that successful STI parks thrive within a strong regional ecosystem, marked by a dynamic entrepreneurial spirit, active engagement from research institutions, and comprehensive support for startups. Creating these favorable conditions will be essential for Uzbekistan. Strategic suggestions involve strengthening the capabilities and engagement of STI park management, enhancing access to financial resources, and improving connections between universities and the private sector. The recommendations are categorized into those based on global best practices and those addressing the unique challenges faced by stakeholders in Uzbekistan's innovation system.
By tackling these gaps with focused policy initiatives and capacity-building efforts, Uzbekistan can utilize its STI parks to foster greater technological innovation and economic development, in line with successful practices seen in other STI parks around the world.

08/30/2024
  • PDF (Uzbek)
116-133 83 46
WAYS OF ATTRACTING FOREIGN INVESTMENTS INTO THE ECONOMY OF UZBEKISTAN
Mahliyo Abduvaliyeva , Jo‘rabek Jamolov

This article explores the relevance, key directions, and outcomes of attracting foreign investments into the economy of Uzbekistan. It analyzes current economic reforms, the simplification of the tax system, legal guarantees, and preferential treatment offered to foreign investors. The study also highlights the importance of improving the investment climate through international experience, promoting public-private partnerships (PPPs), and investing in infrastructure, digital economy, and green energy. The paper presents practical recommendations for enhancing investor confidence, minimizing bureaucratic barriers, and strengthening legal frameworks to boost foreign direct investment in Uzbekistan.

10/31/2025
  • PDF (Uzbek)
9-15 178 109
TYPES OF MANAGEMENT AND BASIS OF ORIGIN
Davron Ruzmetov

The article analyzes the types and principles of formation of "management" as a science.

08/30/2024
  • PDF (Uzbek)
134-138 271 39
INNOVATIVE ASPECTS OF DEVELOPING THE EDUCATION SYSTEM IN THE PROVISION OF EDUCATIONAL SERVICES
Javohir Qodirov

В статье рассматриваются инновационные аспекты развития системы образования в сфере предоставления образовательных услуг, социально-экономические отношения, возникающие в процессе её развития и оценки. Исследованы практические рекомендации и предложения по научно-методическим основам выяснения факторов повышения конкурентоспособности организаций высшего образования на рынке образовательных услуг, совершенствования методологии оценки их конкурентоспособности, усиления интеграции образования, науки и производства, повышения качества образовательных услуг.

08/29/2025
  • PDF (Uzbek)
98-103 58 38
THE IMPACT OF DIGITAL TECHNOLOGY DEVELOPMENT ON THE ECONOM
Sirojiddin Rajabov

The article discusses the history of the development of digital technologies and their involvement in economic relations, based on various sources. By analyzing the key stages of scientific and technological progress, conclusions are drawn about the scope and scale of the economy. The latest scientific innovations in the development of the modern economy and their role and significance in shaping the digital economy are thoroughly analyzed. The compliance of legal and regulatory frameworks supporting entrepreneurship and small business development in Uzbekistan's digital economy with modern requirements is comparatively studied.

07/31/2025
  • PDF (Uzbek)
112-118 75 51
THE ROLE OF INTERNATIONAL FINANCIAL INSTITUTIONS IN SUPPORTING INNOVATIVE PROJECTS
Farrux Aminov

The article analyzes the role of international financial institutions in financing innovative projects and their implementation. The strategy, financial instruments, and technical assistance of such large financial institutions as the World Bank, the Asian Development Bank, and the International Monetary Fund in supporting innovations will be highlighted. At the same time, the effectiveness of cooperation with international institutions based on the experience of the CIS countries, in particular Uzbekistan, will also be considered. The article provides an in-depth analysis based on the views of scientists, practical examples, existing problems, and promising proposals.

07/31/2025
  • PDF (Uzbek)
29-35 76 72
SUSTAINABLE ECONOMIC DEVELOPMENT AND IMPROVEMENT OF THE FINANCIAL POTENTIAL OF REGIONS
Baxodir Xasanov , Ravshanjon Ismoilov , G‘olibjon Akramov

For the sustainable and accelerated development of regions in Uzbekistan, it is advisable to introduce a unified system for assessing their comprehensive balanced development, the efficiency of resource utilization, economic, investment, and financial potential, to provide the necessary financial resources and opportunities for regional development, to further enhance the financial independence of local government bodies, and to further expand the scope of scientific research on developing and implementing strategies to ensure the completeness of local budget revenues.  This article covers the issues of sustainable development of regions both theoretically and practically.

03/28/2025
  • PDF (Uzbek)
232-251 91 59
UNIQUE FEATURES OF INNOVATIVE PROCESSES MANAGEMENT IN DEVELOPED COUNTRIES
Lobar Rakhimova, Feruzabonu Ozodova

Innovation can be a key factor in being competitive in the long run and supporting business. Innovation management policy can be implemented in a specific way in developed, developing and least developed countries. No comparative studies have yet been conducted in various geographical areas, especially in the innovative sectors of the pharmaceutical industry. The main purpose of the article is to determine how the innovation management process is carried out between Switzerland and Uzbekistan. This scientific article reflects the analysis of statistical indicators formulated by the author.

11/29/2024
  • PDF (Uzbek)
269-275 115 46
THE ROLE AND IMPORTANCE OF INNOVATION IN INCREASING THE COMPETITIVENESS OF INDUSTRIAL ENTERPRISES
Munisa Sultanova

This article defines the conditions for the formation of a system for the development of innovations in industrial enterprises: recruitment of qualified personnel, study of the latest developments, protection of one’s own inventions, patent purity of manufactured products, assessment of the value of intangible assets and test marketing. In addition, enterprises are expected to cooperate with other market participants, due to the need to obtain new ideas, knowledge and qualified specialists. Such cooperation can be implemented within the framework of the well-known chain “science - personnel - production”.

10/31/2024
  • PDF (Russian)
425-432 126 74
THE EFFECT OF THE EDUCATION SYSTEM ON REGIONAL DEVELOPMENT IN THE CONDITIONS OF INNOVATIVE ECONOMY
Sevinchbek Egamov

This article provides information on the main directions of development of the innovative economy in the region, the impact of higher education institutions, and analysis. Innovative activities of higher education institutions, various approaches to them, indicators of financing innovative activities are analyzed. Also, the principles and conditions of innovative development of higher education institutions were researched. Scientific conclusions and
recommendations have been developed on further expansion of mutual relations between
education, science and business, commercialization of innovative developments and scientific research results of higher educational institutions.

08/30/2024
  • PDF (Uzbek)
28-36 163 40
STATE SUPPORT OF INSURANCE AS A TOOL FOR AGRICULTURAL RISK MANAGEMENT
Sodik Rasulov

Insurance of agricultural producers occupies an important place among the instruments of state support for agriculture, based on this, this article discusses the issues of state support for insurance.

07/31/2024
  • PDF (Uzbek)
123-129 62 30
THE ROLE OF INNOVATIVE ACTIVITY OF HIGHER EDUCATION INSTITUTIONS IN THE DEVELOPMENT OF INNOVATIVE ECONOMY IN THE REGION
Sevinchbek Egamov

This article provides information about the main directions of development of the innovative economy of the region, the role of higher educational institutions. The innovative activity of higher educational institutions, various approaches to it, and indicators of financing innovative activity are analyzed. The principles and conditions for innovative development of higher educational institutions were also studied. Scientific conclusions and recommendations have been developed for further expansion of the relationship between education, science and business, commercialization of innovative developments and results of scientific research in higher educational institutions.

07/31/2024
  • PDF (Uzbek)
29-38 83 48
COMPARATIVE ANALYSIS OF INDICES OF INNOVATIVE DEVELOPMENT OF THE ECONOMIES OF UZBEKISTAN AND OTHER COUNTRIES
Munisa Sultanova

Innovative development plays the greatest role in the socio-economic development of countries and regions. To assess the countries of the world and compare them by the level of innovation development, the Global Innovation Index and a number of other indices have been developed, which include data on human and financial resources spent on the development of innovation. This article examines the positions occupied by Uzbekistan in the Global Innovation Index and other rankings.

06/30/2024
  • PDF (Russian)
431-439 72 42
THE INFLUENCE OF THE RUSSIAN LANGUAGE ON SOCIO-ECONOMIC RELATIONS BETWEEN RUSSIA AND UZBEKISTAN
Venera Primova

Since gaining independence for all 33 years, Russia has been one of the key trade and economic partners of Uzbekistan, taking mainly the first positions in terms of trade turnover. In 2024, the two countries signed a number of strategic documents related to the economy, migration, education, tourism and other areas. There is a tendency to further strengthen economic and cultural relations between the two countries. In this regard, the relevance of knowledge of the Russian language is growing. What influence does the Russian language have in the interstate dialogue? In particular, what problems do migrants, students, and business entities face? And what needs to be done to solve the current problems related to knowledge of the Russian language? In this article, an analysis is carried out to answer the above questions.

06/30/2024
  • PDF (Russian)
403-409 115 33
PROSPECTS FOR IMPROVING THE EFFICIENCY OF IRRIGATED LAND USE IN THE SYRDARYA REGION
Sodik Rasulov, Mokhira Rasulova

The effective use of irrigated land is an important basis for the sustainable development of agricultural production. Based on this, this article discusses the issues of improving the efficiency of the use of irrigated lands on the example of a specific territory - the Syrdarya region.

05/31/2024
  • PDF (Uzbek)
256-261 94 55
ASSESSMENT OF THE ENTERPRISE’S ECONOMIC EFFICIENCY INDICATOR
Nilufar Batirova

The article examines the importance of financial indicators in assessing the effectiveness of innovation and investment projects of industrial enterprises. It is emphasized that the growth and contribution of industrial enterprises to the market should not be the main indicators of their development. The article also emphasizes the importance of innovation for the economic and technological development of enterprises, as can be seen from the experience of foreign countries such as the United States. The role of universities in the innovative development of the industrial sector is emphasized, as well as the importance of commercializing innovative products and providing advanced technologies. The article also mentions the importance of modern production assets and the need for financial resources such as loans for the development of enterprises. Another important aspect is the training of workers, specialists and managers of industrial enterprises, including government funding of innovative projects, tax incentives, cooperation between science and industry. Support for innovation in small businesses and the creation of innovation infrastructure are also mentioned.

10/31/2023
  • PDF (Russian)
127-136 375 106
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