Importance of Small Business and Family Entrepreneurs in the Neighborhood

II. 
Literature Review 
Local researchers Tursunov B. [7], Saidova M. [8] and others researched features of industrial production 
dynamics in the research of textile enterprises’ financial security and analysis of business processes in digital era. 
Issues of agriculture in the Republic of Uzbekistan were investigated by Yuldashev N.K. [9] human capital 
researched by Abdurakhmanova G. [11] and Sharipov K.A.[10]. 
III. 
Analysis and Results 
Since 1991, when our country gained independence, great attention has been paid to small business and 
entrepreneurship. In accordance with the development programs developed during these periods, efforts have been 
made to further develop small business and private entrepreneurship in our country, and efforts are being made to 
such development. The task of further increasing the share of the private sector in the country's economy is being set 
and is being implemented gradually. In accordance with the adopted decisions and decrees, small business and 
entrepreneurship will play a key role in the country's economy, occupying a leading position in the ongoing market 
reforms. Measures are being identified for the further development of small business and private entrepreneurship, 
and it is proposed to create a system of privileges and preferences that will encourage the establishment of private 
enterprises and their activities, entrepreneurship and the growth of private ownership in production. In 2012 alone, 
two laws were passed to protect entrepreneurship. These are the laws of the Republic of Uzbekistan "On protection 
of private property and guarantees of the rights of owners" and the Law of the Republic of Uzbekistan "On 
guarantees of freedom of entrepreneurial activity." These laws provide for the creation of more opportunities for 
entrepreneurs. Emphasis was placed on their comprehensive protection and guarantees of property rights. 
Entrepreneurship is growing rapidly in countries around the world, especially in developed economies in the 
East and West. The share of entrepreneurs in the gross national product of some Western European countries has 
risen to 70-80 percent. More than 70% of the country's population is engaged in small business and private 
entrepreneurship. 
In recent years, Uzbekistan has been making serious efforts to further develop entrepreneurship and increase its 
role in the country's economy. We know that an economic and legal framework must be created for the development 
and expansion of business entities. Currently, such an economic and legal framework is being created. In order to 
ensure the development of this industry, a number of laws are being adopted and strategic plans are being developed 
for their implementation. 

---

International Journal of Early Childhood Special Education (INT-JECS)
ISSN: 1308-5581 Vol 14, Issue 04 2022 
2507 
DOI: 10.9756/INTJECSE/V14I4.348 
Along with various economic entities, small business and private entrepreneurship entities and their leaders 
strive to increase the amount of profit they receive while developing their activities. Entrepreneurs aim to make 
large profits while producing the products or services they need for the people of the country, province, city or 
district where they operate, creating new markets, and creating new jobs for the job-seeking population. It will 
ultimately have an impact on improving the living conditions of the people in the country. Small business and 
private entrepreneurship provide assistance to the population in need of social assistance. Entrepreneurs provide a 
large amount of sponsorship for the needy, distribute free medicines to patients, and the development of 
entrepreneurship benefits both themselves and those who work in their enterprises and organizations, as well as the 
population of the region where they are located. Therefore, the development of entrepreneurial activity has been 
accepted as a key priority. For the further development of entrepreneurial activity, it is necessary, first of all, to 
study the theories of entrepreneurship and entrepreneurship from an economic point of view. [4] 
Unlike some countries of the world, people have been engaged in entrepreneurial activities in Uzbekistan since 
ancient times. Areas such as handicrafts and trade existed in our country several centuries ago.[1] 
Competition, which is the main feature of a market economy, arises as a result of entrepreneurial activity and 
takes a sharp turn. People’s choices are expanding. Under the influence of the development of small business and 
private entrepreneurship, competition develops and improves. It is especially important to take into account the level 
of production costs and use of resources in business entities. Specific performance indicators take into account the 
level of use of individual costs and resources in the enterprise - fixed assets, materials and labor.The development of 
small business and private entrepreneurship will continue with the development of the economy. Entrepreneurial 
activity is characterized by the fact that it does not require large sums of money. Operating without large-scale initial 
investment will lead to improving the structural structure of the economy and finding solutions to problems and 
issues in this area, filling the market with consumer goods. Most importantly, this effective work is carried out under 
conditions of limited financial resources.[2] 
In our country, where radical changes are taking place, large-scale efforts are being made to develop all sectors 
and industries of the economy. The ultimate goal of such efforts is to create a decent living environment for every 
family. In addressing the theoretical issues of creating decent living conditions requires consideration of the socio-
economic content of the family economy and the main priorities for improving its welfare, in particular, its 
organizational and economic factors. The beginning of such a task begins with the disclosure of the socio-economic 
content of such concepts as "family business", "family business".[3] 
Entrepreneurship is a separate strategic direction of firms and is seen as an internal firm orientation for the 
development of resources and opportunities. Entrepreneurship means the direction of firms and the pursuit of new 
opportunities, and therefore the firm's, manifests itself through the principles of acceptance of risk and proactivity. 
With a strong focus on research, firms with a high level of entrepreneurial-oriented processes have experience in 
creating new organizational forms and environmental configurations, and are able to adapt market mechanisms to 
their interests. Through the capitalization of entrepreneurship, firms develop a high trend in the implementation of 
projects with business partners. 
Table 1: Number of Newly Established Small Businesses by Sectors of the Economy (Excluding Farmers, in 
January-December, in Units) [15]