Abstract
This article analyzes innovations at the national level and factors influencing it at macro level. Multivariate regression equation was used to take the volume of innovative products and services as well as the numbers of employees and innovations introduced, as a factor indicator for the period of 2015–2020. The recent statistics covering the 5 yearlong period from the Republic of Karakalpakstan, regions and from the city of Tashkent have been reviewed, i.e. the number of observations made 70. STATA17 was analyzed using the “Random effect” model. The results are presented graphically based on the “Trend” model. According to our calculations, assuming that the impact of the factors other than variables in the econometric model is constant, excluding inflation, by the year of 2025, the volume of innovative products and services is being projected to have increased by 84.1% and the number of innovations – by 2.2 times, compared to those of 2020.
Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
