Innovation is a key determinant of productivity and long term growth and can help solve social challenges at the lowest possible cost. The article considers the role of innovation in the activities of small businesses. Innovation in small sized enterprises is at the core of inclusive growth strategies: more innovative small businesses are more productive businesses that can pay better wages and offer better working conditions to their workers, thus helping reduce inequalities. Existing approaches of foreign and Uzbek authors to the definition of the term “innovation” are explored. As a result of the research, the author's approach to the concept of innovation in small business is developed. The statistical indicators of innovative activity of small businesses in the Republic of Uzbekistan are analysed and reforms carried out in this area are highlighted. Factors preventing innovative activities of small business entities have been identified. Proposals for increasing the innovative activity of small businesses have been developed.
| Mualliflar | Boboeva, Gulnora Ganjievna |
|---|---|
| Jurnal | Иқтисодиёт ва туризм |
| Nashr sanasi | 2023-09-30 |
| Jild | 4 |
| Son | 12 |
| Til | Ingliz |
Innovation, Small business, Economic growth, Technological innovation, Innovative activeness, Expenditure on R&D
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