Page 64 - Special Issue Modern Trends in Scientific Research and Development, Case of Asia

International Journal of Trend in Scientific Research and Development (IJTSRD)
Special Issue on Modern Trends in Scientific Research and Development, Case of Asia
Available Online: www.ijtsrd.com e-ISSN: 2456 – 6470

Modern Approaches and Strategies for the Implementation of

Innovative Processes in Industrial Enterprises on the

Example of Uzbekistan

Dexkhanova Nargiza Sharifovna
Doctoral Student of the Department of “Industrial Economics”,
Tashkent State Technical University, Tashkent, Uzbekistan

ABSTRACT Approaches to the concept of innovation are different, so
The article describes the modern approaches, strategies there are different definitions of innovation or innovative
and the role of innovation in the development of innovation activity. For example, one definition states that innovation is
processes in industrial enterprises of the Republic of innovation in areas such as engineering, technology,
Uzbekistan. management and labor organization, based on scientific and

technical achievements and best practices, as well as their
KEYWORDS: industrial enterprises, transnational application in various fields and activities [2].
corporations, economic policy, strategy, import, export
potential, innovative activity Innovation is derived from the English word “innovation”,
which means innovation and innovation. At the heart of this
INTRODUCTION innovation is the idea that it is necessary to understand a
Today, the economy of our country is becoming an integral new order, a new habit, a new style [3].Well-known
part of the world economy, as well as the implementation of economist N. Tokhliev explains the concept of innovation in
reforms and programs aimed at further development of the connection with the processes of globalization and the
economy, the need to improve economic sectors. Because the specifics of the national economy. According to the scientist,
competitiveness of our economy is formed due to the “innovation is a new modern factor in shaping the
successful development of enterprises and industries. development strategy of national economies in the process
of globalization. Innovation is the end result of scientific,
The global financial and economic crisis, which has taken technical, technological and creative activity and represents
place in the world and is still manifested in one form or the appearance of a new or improved product. It also refers
another, is testing the level of competitiveness of the to a new or improved technological process used in a
economies of most countries in the next 5-6 years. In recent practical activity. The difference between innovation and
years, the economies of countries such as Japan, Germany scientific research and traditional production is that it is,
and Finland, which have been consistently recognized as the first of all, a scientific and technical innovation, which must
most competitive countries in the global competitiveness be applied in practice, ie in industry, agriculture, education,
rankings, have also shown signs of depression, recession, medicine and other fields "[4].
stagnation or decline in some sectors. This, in turn, requires
the rapid development of new sectors of the economy - Professor A.V Vakhobov, one of the economists who has
innovative directions in the industry. In other words, in a studied the experience of foreign countries, focused on the
country where news and updates are happening more and impact of innovation on technological development and
more widely, these countries are emerging faster from economic growth. The positive link between technological
difficult situations, specializing in new areas. development and economic growth has been proven by the
model of exogenous technical development, which is one of
At the current stage of economic reforms in our country, the factors of neoclassical growth”[5]. New competition can
special attention is paid to the further development of be based on the application of innovations in enterprises.
industry, which is the “locomotive” of the economy. In The benefits of innovation will further increase the activity
particular, the Action Strategy for the five priority areas of of the enterprise. This benefit was called static benefit by J.
development of the Republic of Uzbekistan for 2017-2021, Schumpeter (1883-1950).
approved by the Decree of the President of the Republic of
Uzbekistan No. PF-4947 dated February 7, 2017, provides Research methodology
for the deepening of structural changes, modernization and The research used mainly scientific methods of comparison,
diversification of key sectors of the national economy. abstraction, statistical grouping, etc., the dynamics of basic,
Competitiveness”[1]. modern approaches to the implementation of innovative
processes in industrial enterprises, the number of
Analysis of the literature on the subject enterprises producing innovative products and the volume
Today the formation and implementation of a highly and cost of innovative products dynamics were analyzed.
effective innovation strategy in the economy is one of the Conclusions and proposals have been developed on the
main directions of long-term economic policy of the state, widespread use of innovations and the improvement of the
which determines the conditions for ensuring a stable sector to further increase the competitiveness of the national
position of enterprises in foreign and domestic markets. economy.

ID: IJTSRD35882 | Special Issue on Modern Trends in Scientific Research and Development, Case of Asia Page 59