THE SOCIO-ECONOMIC IMPORTANCE OF SMALL BUSINESS AND PRIVATE ENTREPRENEURSHIP IN INCREASING EMPLOYMENT IN THE LABOR MARKET

Authors

  • Shokhista Kholiyorova Kahramon kizi Tashkent State University of Economics, Uzbekistan Author

Keywords:

Small business, private entrepreneurship, labor market, employment, economic development, social importance, state support, new jobs.

Abstract

This article analyzes the role and socio-economic importance of small business and private entrepreneurship in ensuring employment in the labor market. Small business and private entrepreneurship are important tools for sustainable economic development, creating new jobs, increasing household income, and boosting economic activity in regions. The article also highlights state incentives, financial support mechanisms, existing challenges, and proposals for overcoming them in this sector.

References

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Birch, D. L. (1979). The Job Generation Process. MIT Program on Neighborhood and Regional Change.

Ismailova, M. (2022). Women Entrepreneurship and Employment Opportunities in Uzbekistan. Tashkent: TSUE Publishing.

Klimov, V. (2020). Social Dimensions of Small Business Development. Moscow: INFRA-M.

Marshall, P. (2020). Barriers to SME Growth in Emerging Economies. Journal of Development Studies, 56(4), 523–540.

OECD. (2022). SME and Entrepreneurship Outlook. OECD Publishing.

Saidov, S. (2021). Private Entrepreneurship as a Driver of Employment in Uzbekistan. Economic Review of Uzbekistan, 15(2), 33–41.

State Statistics Committee of Uzbekistan. (2023). Statistical Data on Employment and Small Business Development. Tashkent.

U.S. Small Business Administration. (2023). Small Business Economic Impact Report. Washington, D.C.

Published

2025-04-30

Issue

Vol. 4 (2025): PROBLEMS AND PROSPECTS OF DIGITAL TRANSFORMATION ECONOMIES IN THE CONDITIONS OF DEEPENING INTEGRATION PROCESSES OF DEVELOPING COUNTRIES

Section

Articles

License

Copyright (c) 2025 Researchparks

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

How to Cite

THE SOCIO-ECONOMIC IMPORTANCE OF SMALL BUSINESS AND PRIVATE ENTREPRENEURSHIP IN INCREASING EMPLOYMENT IN THE LABOR MARKET. (2025). INTERNATIONAL SCIENTIFIC E-CONFERENCE “PROBLEMS AND PROSPECTS OF DIGITAL TRANSFORMATION ECONOMIES IN THE CONDITIONS OF DEEPENING INTEGRATION PROCESSES OF DEVELOPING COUNTRIES”- Kraków, Poland, 4, 49-55. https://researchparks.net/index.php/ppdt/article/view/347