The Role of Financial Mechanisms in Enhancing the Competitiveness of The Service Sector
SAMIEV SARDOR ISKANDAROVICHActing professor at Department of Finance and Banking, Karshi State Technical University, UzbekistanShakhzod NaimovMaster's degree in corporate finance and securities markets, Karshi State Technical University, Uzbekistan
Journal of Management and Economicsjournal2026
ABI
Abstract
The service sector has become a dominant force in the global economy, contributing significantly to GDP and employment. However, increasing competition requires service-oriented firms to constantly innovate and upgrade their operational capacities. This study explores the impact of various financial mechanisms—including preferential credit lines, venture capital, tax incentives, and digital payment integration—on the competitiveness of service firms. Using an analytical approach, the paper demonstrates how targeted financial instruments can lower operational barriers and foster a more resilient service infrastructure.
Topics
Identifiers
Citations and references
Cited by 00 references