Abstract
Nowadays it is recognized that entrepreneurship and innovation lie at the heart of economic growth. In the article the authors research an innovative approach to the analysis activity of the Uzbekistan enterprises with international companies. The purpose of this article consists in a research of theoretical problems which are connected with competitiveness of the international organizations. The formation and the development of funding infrastructure to support international companies in the early stages is a complex process that depends on a number of factors, requiring the special approach to the analysis of enterprise's financial performance. Additionally, it presumes high business activity to creating new businesses, some of which succeed and some fail trying to overcome the uncertainties of the enterprise risks and profitableness. In progress of the thesis, different scientific methods of research have been used, including: system analysis, formalization and modeling.
Highlights
Entrepreneurship, innovation and competitiveness issues are of particular importance for the so-called "catch-up countries," which includes Uzbekistan as well
To raise competitive capacity of International company, in our case Euroimpex trans mchj, there is the need of production and realization expenses analysis and estimation of correlation expenses
We have developed and proposed a new framework for the analysis of companies’ financial condition, which involves comparing the following indicators: actual data for the previous year, norms for the current year, the actual data for the current year, i.e. performance norms introduced
Summary
Entrepreneurship, innovation and competitiveness issues are of particular importance for the so-called "catch-up countries," which includes Uzbekistan as well. The realization of administration in International company should recline on single accounting and control system with the use of newest programming and software securing Another factor of International companies’ success, which is present in Euroimpex trans mchj, is the creation of information system which secures the acceptation of effective and auspicious decisions. Some, such as survival advantages, including favorable territory, are intrinsic biological factors that occur as a result of ecological competition between organisms Others, such as business dominance and political power, involve competition between humans. Competition between countries is quite subtle to detect, but id quite evident in the World economy, where countries like the US, Japan, the European Union, and the East Asian Tigers each try to outdo the other in the quest for economic supremacy in the global market, harkening to the concept of Kiasuism [10] Such competition is evident by the policies undertaken by these countries to educate the future workforce. East Asian economies like Singapore, Japan and South Korea tend to emphasize education by allocating a large portion of the budget to this sector, and by implementing programmers such as gifted education, which some detractors criticize as indicative of academic elitism [11]
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