Development of Small Business and Private Entrepreneurship

 
 
Journal of Marketing and 
Emerging Economics
 
 
| e-ISSN: 2792-4009 | www.openaccessjournals.eu | Volume: 1 Issue: 5 
 
ISSN 2792-4009 (online), Published under Volume: 1 Issue: 5 in
October-2021 
Copyright (c) 2021 Author (s). This is an open-access article distributed under the terms of Creative Commons 
Attribution License (CC BY).To view a copy of this license, visit https://creativecommons.org/licenses/by/4.0/ 
 
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growth and expansion of the material and spiritual needs of the population, and on the other hand, the creation of 
opportunities to meet them more fully. This will ultimately improve the lives of the population, raise living standards, 
increase welfare. With the development of entrepreneurship, its role in this area will increase. 
As a certain part of the entrepreneurs stand on their feet and develop further, they become owners. This leads to the 
formation of a new generation of entrepreneurs, property owners, who think and act in a new way in society. Such 
individuals are the social backbone of the state and the source of economic development. 
Entrepreneurs are also involved in training and retraining. At the same time, entrepreneurs themselves are in constant 
research, interacting with local and foreign colleagues, partners, representatives of various fields, gaining experience 
and improving their professional, cultural and spiritual levels. Entrepreneurship creates and encourages good 
opportunities for the realization of human potential. Thus, entrepreneurship helps people to understand themselves, 
expand their worldview. changes and consequently leads to an increase in the socio-cultural level of society. 
Entrepreneurs are developing rural infrastructure by setting up manufacturing, trade, catering and other service 
enterprises in villages and mahallas. Villages are changing the face of neighborhoods. In addition, entrepreneurship is 
gaining ground in the social sphere: in private and other organizational and legal forms, kindergartens, orphanages, 
production and provision of equipment for the disabled, health and wellness, education and directly involved in the 
establishment and development of other social institutions, the construction and repair of housing, the provision of 
drinking water and gas to the population. contributes greatly to the solution of social problems. Entrepreneurs also take 
an active part in charitable activities and play an important role in helping social institutions, people with disabilities, 
low-income families and people in need of social protection. 
Entrepreneurs create products (goods, works, services) and fill the domestic market. As a result, the supply in the 
market will improve in terms of quantity, quality, assortment, and the opportunities for customers to choose and meet 
demand will expand. In this regard, the business serves to coordinate, coordinate supply and demand, stabilize prices, 
establish and maintain market balance, expand and fully meet existing needs. At the same time, entrepreneurship plays 
an important role in the formation and development of competition in a market economy and increase product quality 
and competitiveness, reduce production costs and product costs, increase operational efficiency. 
The role of business entities in reducing imports and expanding exports in the country is growing. They include, on the 
one hand, the production of import-substituting goods, the reduction of foreign exchange inflows and strengthening the 
economic and financial independence of the country, and, on the other hand, the production of export-oriented 
products, their sale in foreign markets, increasing the country's export potential. also play a significant role in raising. 
Private business entities, farms also participate in the implementation of the state order. It is known that farms in 
Uzbekistan are the leaders in the production of cotton and grain for the state. In addition, small and medium-sized 
enterprises also fulfill some orders of large enterprises and fill them. Due to the fact that large enterprises are adapted to 
mass production, the production of some parts of the main product, spare parts and other accessories in small batches is 
an excessive concern for them. For large enterprises, it is better to buy such things from other companies than to 
produce them themselves. Therefore, they outsource the production and supply of certain items needed for their 
production, mainly to small and medium enterprises. Home-based work, which is developed and supported in 
Uzbekistan, also plays an important role in this regard. Therefore, small and medium enterprises play an important role 
in interconnecting large enterprises and sectors of the economy in general, raising the whole economy to the level of an 
integrated system. Taking into account this task of small, medium and private businesses, they have been given a wide 
role in the implementation of localization programs in the country. 
The innovative task of entrepreneurship was formed in the middle of the twentieth century, and today its role is 
growing. This task of entrepreneurship begins with the entry of countries into the era of innovative (information-
industrial) development and is reflected in the growing scientific and technological achievements and the role of 
information in production. The formation and expansion of the innovation base is associated with organizational and 
economic innovation and the development of entrepreneurship in this area. 
Method 
In Uzbekistan today, the introduction of the smallest direct production and services - the involvement of small 
businesses in foreign economic relations, ie the independent access of producers to foreign markets for export, the 
introduction of the latest forms and methods of world practice Accelerating growth, creating economic interest and 
increasing the efficiency of foreign economic relations is one of the main goals of radical changes in the foreign 
economic sphere. 

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