Economic Mechanism of Innovation Activity of Small Business Entities in the Conditions of Uzbekistan

Abstract

In the context of globalization and increasing competition, innovation has become a key factor in ensuring sustainable economic growth and competitiveness. Small business entities play a crucial role in the national economy of Uzbekistan by contributing to employment, income generation, and market diversification. This thesis examines the economic mechanism of innovation activity of small business entities in Uzbekistan, identifies its specific features, and analyzes the factors influencing its effective functioning. Special attention is paid to institutional conditions, state support mechanisms, financial instruments, and innovation infrastructure. The study highlights existing challenges and proposes directions for improving the economic mechanism of innovation development in small businesses.