PROBLEMS OF FINANCING AND DEVELOPMENT OF INNOVATIONS IN UZBEKISTAN

In the Republic of Uzbekistan, the issues of financing and development of innovative activities are key to ensuring sustainable economic growth and increasing the country's competitiveness. Uzbekistan, with significant potential for innovative development, faces a number of problems related to financing and implementation of innovative technologies. This article examines the main obstacles to the development of an innovative economy in the country, as well as possible solutions to these problems. The role of government institutions, the private sector and international cooperation in financing innovative projects is analyzed.

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Publication Details

Journal
European International Journal of Multidisciplinary Research and Management Studies
Published
2024-12-01
DOI
https://doi.org/10.55640/eijmrms-04-12-25
Primary Topic
Economic and Industrial Development
Type
article
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article

PROBLEMS OF FINANCING AND DEVELOPMENT OF INNOVATIONS IN UZBEKISTAN

Babakhonov Jafar Mukhiddinovich
European International Journal of Multidisciplinary Research and Management Studies
Economic and Industrial Development
article

PROBLEMS OF FINANCING AND DEVELOPMENT OF INNOVATIONS IN UZBEKISTAN

Babakhonov Jafar Mukhiddinovich
article en

Abstract

In the Republic of Uzbekistan, the issues of financing and development of innovative activities are key to ensuring sustainable economic growth and increasing the country's competitiveness. Uzbekistan, with significant potential for innovative development, faces a number of problems related to financing and implementation of innovative technologies. This article examines the main obstacles to the development of an innovative economy in the country, as well as possible solutions to these problems. The role of government institutions, the private sector and international cooperation in financing innovative projects is analyzed.

European International Journal of Multidisciplinary Research and Management StudiesVol. 4(12)
Openalex Percentile: Top 68%
Economic and Industrial Development
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