Abstract
The article investigates the strategic management tools and economic – organizational mechanisms of the entrepreneurial structures of the Republic of Uzbekistan on the macro level. The research results revealed that for fulfilling the Strategy Actions it’s necessary to redirect the strategy from modernization to innovations, and also economical – organizational mechanisms of the entrepreneurial structures and systems as measures for their sustainable growth and innovative development. In this process transformation is the aim, innovative development is the tool, and effective and sustainable development of business structure and systems is asymptotic equilibrium. On the macro level, an optimal innovative level of business units was identified by formulating a mathematic equation. In the equation, the dependent variable is labour productivity, while independent variables include material and intellectual production factors.
Highlights
Successful implementation of the Development Strategy for five priority areas of the Republic of Uzbekistan in 2017 - 2021 has yielded positive results. 2018 is marked as a year of active entrepreneurship support, and the year of innovative ideas and technologies
We consider Entrepreneurship to be an economic category in the unity of all its components [5]: entrepreneurial activity as an implementation process of economic actions aimed at profit-earning; entrepreneurial structures - economic entities bearing the initiative risk business to make a profit; entrepreneurial systems are sets of economic entities which are carrying out initial risky business to make a profit and the economic entities creating possibilities for conducting entrepreneurial activity at micro, middle-and macro-levels; entrepreneurial environment as conditions and factors influencing entrepreneurial activity and requiring elimination or adaptation administrative decisions
Characteristic of innovative sustainable development of business structures and systems, in our opinion, is the implementation of the complex positive changes conditioned by the implementation of various innovations at all operational levels, as this allows for high adaptability and harmonization Entrepreneurial Structures' interests
Summary
Successful implementation of the Development Strategy for five priority areas of the Republic of Uzbekistan in 2017 - 2021 has yielded positive results. 2018 is marked as a year of active entrepreneurship support, and the year of innovative ideas and technologies. Successful implementation of the Development Strategy for five priority areas of the Republic of Uzbekistan in 2017 - 2021 has yielded positive results. The approved Government Program of 2019 provided implementation of projects intended for addressing five spheres of the development of the Republic of Uzbekistan, amounting to the sum of 16,9 trillion sums and 8,1 billion U.S dollars. Projects were initiated for addressing the economic development and active attraction of investments. The fundamental tasks for achieving growth include ensuring macroeconomic stability, arranging the necessary conditions for healthy competition, further improvement of the business environment and investment climate, an essential reduction of the state intervention in the economy, high rates stability of economic growth, counteraction against "shadow economy" and cardinal reduction of its value, proceeding to the liberalization of currency regulation. The optimal management condition is a priority for the development of innovation, followed by labour productivity
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