The Role of Small Businesses and Private Entrepreneurship in Ensuring Employment in Uzbekistan
Authors/Creators
- 1. Senior teacher. Tashkent State University of Economics, Faculty of Management, Tashkent, Uzbekistan
- 2. Assistant. Tashkent State University of Economics, Faculty of Management, Tashkent, Uzbekistan
Description
The role of small businesses and private entrepreneurship is crucial in ensuring employment in Uzbekistan. This article examines the contribution of these entities to addressing unemployment challenges, fostering job creation, and enhancing economic stability. The study highlights the dynamics of small business development, its share in generating employment opportunities, and the policy measures aimed at promoting entrepreneurship in the country. Using statistical data and case studies, the article identifies key factors influencing the growth of private enterprises and their impact on the labor market. Furthermore, it provides recommendations for enhancing the role of small businesses and entrepreneurs in achieving sustainable economic growth and ensuring inclusive employment. The findings of this study underscore the need for continued support for small businesses as a strategic approach to addressing socio-economic issues and boosting national development.
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Additional details
References
- 1. Acs, Z.J., Audretsch, D.B. and Lehmann, E.E. (2013). The knowledge spillover theory of entrepreneurship. Small Business Economics, 41(4), pp.757-774.