Problems of forming conditions for increasing innovation activities in Uzbekistan

As a dynamic economic element, innovation is a mechanism that involves continuous, developing, and mastering management. Hence creative companies need to assess their potential for innovation. Literature attests to work being carried out in the area of assessing innovation or analyzing innovation capabilities. This paper examines the current situation related to innovation potential worldwide and the challenges confronted by countries. It also examines the innovation system in Uzbekistan and strategies to improve the climate for the development of the innovation economy.

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