Current Trends in Innovative Development and Strategic Management in the Economy

Authors

Keywords:

innovative development, strategic management, innovation policy, investments

Abstract

In the modern world, innovative development is a key factor in the sustainability of the national economy. The main drivers include digitalization, the active development of research and development (R&D) activities, support for startup initiatives, and effective strategic management at both the governmental and corporate levels. This article analyzes the main directions of innovative development, current trends, and strategic management mechanisms that contribute to enhancing the competitiveness of the national economy. The research results demonstrate that systematic innovation management and targeted investments are essential conditions for long-term economic growth.

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Author Biographies

Tohir K. Ergashev, Karshi State University

PhD in Economics, Associate Professor, Lecturer, Department of Economics, Karshi State University

Address: 17, Kuchabog Street, Karshi, Kashkadarya Region, Republic of Uzbekistan, 180119

ORCID: 0000-0002-7298-8818

E-mail: tohir709@gmail.com

Nigora Z. Tokhirova, Karshi State University

Lecturer, Department of Economics

Address: 17, Kuchabog Street, Karshi, Kashkadarya Region, Republic of Uzbekistan, 180119

ORCID: 0009-0007-8490-6027

E-mail: nigora.takhirova@gmail.com

References

Абдурахмонов, С. (2021). Цифровая экономика и стратегии инновационного развития. Ташкент: Илм-Фан.

Becker, G. S. (1993). Human Capital: A Theoretical and Empirical Analysis, with Special Reference to Education (3rd ed.). Chicago: University of Chicago Press.

Brynjolfsson, E., & McAfee, A. (2014). The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies. New York: W.W. Norton & Company.

Schumpeter, J. A. (1934). The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle. Cambridge, MA: Harvard University Press.

Tadjibayeva, N. (2022). Startaplar va ilmiy-innovatsion markazlar rivojlanishi: O‘zbekiston tajribasi. Toshkent: Iqtisodiyot va Innovatsiya.

OECD. (2021). Oslo Manual 2018: Guidelines for Collecting, Reporting and Using Data on Innovation, 4th Edition. Paris: OECD Publishing.

World Bank. (2020). World Development Report 2020: Trading for Development in the Age of Global Value Chains. Washington, DC: World Bank.

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Published

2025-06-10

How to Cite

Эргашев, Т. К., & Тохирова, Н. З. к. (2025). Current Trends in Innovative Development and Strategic Management in the Economy. Professional Journal of Economics, 5(2). Retrieved from https://eproff.ru/index.php/eproff/article/view/125

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Section

Менеджмент, маркетинг и реклама