THEORETICAL FOUNDATIONS AND INTERNATIONAL EXPERIENCE IN THE DEVELOPMENT OF SMALL BUSINESS AND PRIVATE ENTREPRENEURSHIP

Small businesses and private entrepreneurship play an important role in the sustainable development of national economies. This article examines effective strategies for supporting and developing small businesses, drawing on the experiences of the United States, Germany, Japan, South Korea, and the United Kingdom. It also considers the economic significance of small businesses in Uzbekistan and opportunities for their development. A SWOT analysis assesses the sector's strengths, weaknesses, opportunities, and threats. The findings suggest that improvements in the legal, financial, and innovation support mechanisms available to small businesses can contribute to economic growth.