ECONOMIC OPPORTUNITIES FOR INCREASING EMPLOYMENT THROUGH THE DEVELOPMENT OF SMALL BUSINESS ENTITIES IN KHOREZM REGION

Authors

  • Azadova Gulnoza Sardorbekovna

DOI:

https://doi.org/10.5281/zenodo.20969841

Abstract

This article analyzes the economic opportunities for increasing employment in Khorezm region through the development
of small business entities on a scientific-theoretical and statistical basis. At the same time, it demonstrates the need not only to increase
the number of jobs in small business, but also to strengthen their sustainability, formal status, profitability, and capacity to generate high
added value.

Keywords

small business, private entrepreneurship, employment, Khorezm region, regional economy, labor market, economic opportunities, entrepreneurial potential, formal jobs

Author Biography

Azadova Gulnoza Sardorbekovna

Teacher, Department of Economics
Urgench RANCH University of Technology


References

Schumpeter J.A. The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the Business

Cycle. Cambridge, MA: Harvard University Press, 1934. URL: https://archive.org/details/in.ernet.dli.2015.187354

Birch D.L. The Job Generation Process. Cambridge, MA: MIT Program on Neighborhood and Regional Change, 1979.

URL: https://files.eric.ed.gov/fulltext/ED200807.pdf

Storey D.J. Understanding the Small Business Sector. London: Routledge, 1994. URL: https://www.routledge.com/

Understanding-the-Small-Business-Sector/Storey/p/book/9780415100383

Beck T., Demirgüç-Kunt A., Levine R. SMEs, Growth, and Poverty: Cross-Country Evidence // Journal of Economic

Growth. 2005. Vol. 10, No. 3. P. 199-229. DOI: https://doi.org/10.1007/s10887-005-3533-5

Haltiwanger J., Jarmin R.S., Miranda J. Who Creates Jobs? Small versus Large versus Young // Review of Economics

and Statistics. 2013. Vol. 95, No. 2. P. 347-361. DOI: https://doi.org/10.1162/REST_a_00288

Ayyagari M., Demirgüç-Kunt A., Maksimovic V. Small vs. Young Firms across the World: Contribution to Employment,

Job Creation, and Growth. World Bank Policy Research Working Paper No. 5631. Washington, DC: World Bank, 2011.

URL: https://documents.worldbank.org/en/publication/documents-reports/documentdetail/478851468331852782/

small-vs-young-firms-across-the-world-contribution-to-employment-job-creation-and-growth

International Labour Organization. Micro, Small and Medium Enterprises. URL: https://www.ilo.org/topics-and-sectors/

micro-small-and-medium-enterprises

World Bank Group. SME Finance. URL: https://www.worldbank.org/ext/en/topic/competitiveness/small-and-mediumenterprises-

smes-finance

OECD. Insights on the Business Climate in Uzbekistan. OECD Publishing, 2023. URL: https://www.oecd.org/content/

dam/oecd/en/publications/reports/2023/05/insights-on-the-business-climate-in-uzbekistan_9ac46b98/317ce52e-en.

pdf

World Bank. Youth Employment in Uzbekistan: Opportunities and Challenges. Washington, DC: World Bank, 2021.

URL: https://documents1.worldbank.org/curated/en/666311634704762319/pdf/Youth-Employment-in-Uzbekistan-

Opportunities-and-Challenges.pdf

UNDP. Women’s Entrepreneurship in Uzbekistan. 2025. URL: https://www.undp.org/sites/g/files/zskgke326/

files/2025-04/report_women_entrepreneurship_in_uzbekistan_eng_uz.pdf

National Statistics Committee of the Republic of Uzbekistan. Integrated Statistical Information System (SIAT).

“Number of people employed in small entrepreneurship entities.” Khorezm region, 2018-2024. URL: https://siat.stat.

uz/data/425/?lang=uz

National Statistics Committee of the Republic of Uzbekistan. Integrated Statistical Information System (SIAT).

“Unemployment rate.” Khorezm region, 2020-2025. URL: https://siat.stat.uz/data/1875

National Statistics Committee of the Republic of Uzbekistan. Integrated Statistical Information System (SIAT).

“Number of operating small entrepreneurship entities (annual).” Khorezm region, 2020-2026. URL: https://siat.stat.uz/

data/261/?lang=uz

National Statistics Committee of the Republic of Uzbekistan. Gross Regional Product of the Republic of Uzbekistan,

January-December 2025. Press release, 26.01.2026. URL: https://stat.uz/img/news/analitika-vrp_zb-lotin_p63000.pdf

National Statistics Committee of the Republic of Uzbekistan. GRP press release for January-December 2025: the

share of small entrepreneurship (business) in the GRP of Khorezm region was 71.6 percent. URL: https://stat.uz

Nurmetova M. J. Opportunities for financing green entrepreneurship entities in Uzbekistan. URL: https://

worldconferences.us/index.php/nae/article/view/1277

Nurmetova M. J. Evaluating the economic and environmental efficiency of a solar energy-based sprinkler irrigation

system in the context of the green economy. URL: https://muhandislik-iqtisodiyot.uz/index.php/journal/article/view/3260

Downloads

Published

2026-06-01

How to Cite

Azadova , G. (2026). ECONOMIC OPPORTUNITIES FOR INCREASING EMPLOYMENT THROUGH THE DEVELOPMENT OF SMALL BUSINESS ENTITIES IN KHOREZM REGION. Innovation Science and Technology, 2(6). https://doi.org/10.5281/zenodo.20969841
Vol. 2 No. 6 (2026): Innovation Science and Technology