Trends In Solving Problems In The Development Of An Innovative Economy

FarkhodMulaydinov,Rustam Tokhirov,DilovarMamayusupova

This article is devoted to the current state of innovation in Uzbekistan, areas of state support and prospects for the development of innovation in the country.The main purpose of this study is to analyze the innovative activity in Uzbekistan, its financing and implementation in production.The results of the study were as follows: 1. In order to accelerate the pace of attracting investment in research and development and increase the role of large enterprises in the financing of science and innovation, it is necessary to introduce a transparent mechanism for taxation of research and development. 2. The commercialization of innovative developments through the establishment of small innovative companies is characterized by the high level of risk of the financial condition and profitability of commercialized projects. 3. Despite measures to increase the level of integration between science and industry, there are still many challenges in this area that need to be addressed. In this regard, it is necessary to reduce the amount of tax equal to the amount of funds directed to innovative activities by all manufacturing enterprises in the country, regardless of the form of ownership.

Volume 12 | Issue 6

Pages: 1205-1209

DOI: 10.5373/JARDCS/V12I6/S20201160