Full Article: PDF
Scientific Object Identifier: http://s-o-i.org/1.1/TAS-01-93-1
DOI: https://dx.doi.org/10.15863/TAS.2021.01.93.1
Language: English
Citation: Kurpayanidi, K. I. (2021). Financial and economic mechanism and its role in the development of entrepreneurship. ISJ Theoretical & Applied Science, 01 (93), 1-7. Soi: http://s-o-i.org/1.1/TAS-01-93-1 Doi: https://dx.doi.org/10.15863/TAS.2021.01.93.1 |
Pages: 1-7
Published: 30.01.2021
Abstract: In a competitive market economy, small business is an effective tool for economic development of the state. It plays an important role in the expanded reproduction of production and providing the population with jobs, and is the main source of their income. The target orientation of small enterprises operating in a crisis economy is inefficient use of resources and not even getting the maximum financial result, but ensuring a balance between the goals of the enterprise and the conditions of the external and internal environment. This balance is characterized by certain values of indicators of the financial condition of a small enterprise and depends on the combination of environmental factors that surround it. The article examines current trends in the development of small and private entrepreneurship in the national economy of Uzbekistan. The socio-economic functions of small businesses are considered. Based on the analysed financial factors for the development of small and private entrepreneurship, the author puts forward measures to improve the financial environment for the further development of small and private businesses in the country.
Key words: business environment, business climate, credit, small business, entrepreneurship, financial factors, economy of Uzbekistan.
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