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Economics

Ministry of Higher and Secondary Specialized Education of the Republic of Uzbekistan

International Relations: Politics, Economics, Law

Development

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Innovation As A Driving Force For Development Economy Of The Country, S. Zakirova Oct 2018

Innovation As A Driving Force For Development Economy Of The Country, S. Zakirova

International Relations: Politics, Economics, Law

For the economy of Uzbekistan at the present stage, it is important to form a socio-economic system in which innovation should play a dominant role as a factor that ensures higher competitive advantages. To conduct a comparative assessment of the innovation activity of different countries, the well-known global innovation index (GII) is used. According to the index, the country's innovativeness is estimated as the ratio of expenditures on innovation in a wide context (institutions, human capital, science, infrastructure, development of the domestic market, state of business) and achieved practical results (development of technology and knowledge economy, creative results ), which …