Characteristics of Small Business Development in Uzbekistan

Authors

  • Nilufar RIZAYEVA Tashkent State University of Economics, Senior Lecturer, Department of Social Sciences

Keywords:

small business, economy, entrepreneurship, socio-economic analysis, innovation

Abstract

This article discusses the history of the origin of the concept of small business, its essence, role in the economy, necessity and relevance based on socio-economic analysis. The article analyzes the development of small business in Central Asia. The impact of small business on improving the living standards of the population in new Uzbekistan is highlighted. The importance of small business in our country and suggestions are given.

References

Law of the Republic of Uzbekistan “On Innovation Activity” No. О‘РК-630 dated 24.07.2020.

Decree of the President of the Republic of Uzbekistan Sh. Mirziyoyev Tashkent, November 24, 2018, No. РФ-5583.

Resolution of the President of the Republic of Uzbekistan dated May 5, 2018 No. PQ-3697 “On additional measures to create conditions for the development of active entrepreneurship and innovative activity”.

Aripov O.A. Development of small business and private entrepreneurship and creation of a business-friendly environment. Scientific electronic journal “Economy and Innovation Technologies”. No. 2, March-April, 2019.

Abdullaev A, Muftaydinov K, Aybeshov X. Small business management. Textbook. -T., “Finance” publishing house, 2023.

Q. Mambetzhanov. A. Sarmanov. Development trends of small business and private entrepreneurship sector in Uzbekistan. // Real sectors of the economy/real sector of the economy. Economics and finance / economy and finance, 2023. 9 (169).

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Published

2025-04-28

How to Cite

RIZAYEVA, N. (2025). Characteristics of Small Business Development in Uzbekistan. American Journal of Business Practice, 2(4), 39–43. Retrieved from https://semantjournals.org/index.php/AJBP/article/view/1599

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