THEORETICAL FOUNDATIONS AND SPECIFIC FEATURES OF SMALL BUSINESS AND PRIVATE ENTREPRENEURSHIP
Authors/Creators
- 1. Termiz University of Economics and Service, 1st stage master's student, majoring of economy
Description
In the reliable functioning of market principles, the businessman is primarily interested in the introduction of significant innovations. For the development of these innovations, large, complex centralized economic systems do not provide enough material and moral incentives of private property. The importance of economic problems in realizing the reuse of small business development is increasing, with its significant advantage in terms of cost and speed of use of new ideas over large bureaucratic associations. So, without consumer signals coming from the rapid expansion of a strong middle class with significant purchasing power as the main direction of modern economic growth, the effective solution of modern economic problems becomes impossible. Consequently, the perpetuation of the successes achieved earlier by the economy becomes impossible.
Files
216-219 Jalilov Y KONFERENSIYA XXI ASRDA INNO.TEX.pdf
Additional details
References
- 1. Schumpeter, J. A. (1934). The Theory of Economic Development. Harvard University Press.
- 2. Knight, F. H. (1921). Risk, Uncertainty, and Profit. Houghton Mifflin.
- 3. Storey, D. J. (1994). Understanding the Small Business Sector. Routledge.
- 4. Birch, D. L. (1987). Job Creation in America: How Our Smallest Companies Put the Most People to Work. Free Press.
- 5. Drucker, P. F. (1985). Innovation and Entrepreneurship: Practice and Principles. Harper & Row.
- 6. Audretsch, D. B., & Thurik, A. R. (2001). What's New About the New Economy? Sources of Growth in the Managed and Entrepreneurial Economies. Industrial and Corporate Change, 10(1), 267-315.