FEATURES OF SUPPORTING INNOVATION ACTIVITY: INTERNATIONAL EXPERIENCE AND PRACTICES FOR UZBEKISTAN
DOI:
https://doi.org/10.60078/2992-877X-2025-vol3-iss3-pp124-132Abstract
In the context of the modern global economy, the accelerated adoption of cutting-edge innovative technologies across key economic sectors, social domains, and other areas of activity in the Republic of Uzbekistan emerges as a pivotal factor for ensuring sustainable and dynamic development. The rapid transformation of all facets of the country’s societal and governmental life necessitates systematic support for ongoing reforms, grounded in the latest innovative ideas, developments, and technological solutions. These efforts are aimed at achieving a qualitative leap, positioning Uzbekistan among the leaders of global civilization amidst the trends of digitalization and the transition to a knowledge-based economy. The high relevance of this topic stems from the need to adapt international best practices to Uzbekistan’s national context to establish an effective innovation ecosystem. This study examines diverse approaches to state support for innovation activity implemented in economically advanced and dynamically developing countries. Drawing on this analysis and considering the specifics of Uzbekistan’s national economy and current socio-economic challenges, the authors propose recommendations to enhance the mechanisms of state-driven stimulation of innovation processes in the Republic of Uzbekistan. The suggested directions focus on strengthening the country’s competitiveness within the global landscape.
Keywords:
innovation innovation ecosystem technological developments state regulation government initiatives small innovative enterprises research and developmentReferences
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