The role of imitation innovations in entrepreneurship development

Authors

  • Mamatov, Abdurauf Olimjon ugli Karshi Engineering Economics Institute

Keywords:

small business, medium business, innovations, imitation innovations, independent innovations, index, integral index, technological innovations, process innovations, joint innovations, the level of economic development of the region

Abstract

This article describes the conditions and features of the use of imitation innovations in small businesses in
Uzbekistan. The advantages of imitation innovations are also highlighted. Using certain integral indicators, the level of
development of the economic and scientific potential of the regions was analyzed, and the possibilities for innovative
development of entrepreneurship in the regions were identified. The article reflects that when carrying out independent
innovation, research, development and technological work is carried out by the enterprise itself, and this is very risky
and requires large financial costs. Typically, large companies engage in independent innovation activities. The researcher
investigated that with imitation innovation, an enterprise directly purchases advanced technologies and equipment and
carries out work aimed at their modernization and improvement. Research carried out within the framework of imitation
innovations is free from risk and repeated research, high costs (upgrading a new technology is cheaper compared to
developing a new technology), goods and technologies that have found their place in the market are imitated. The article
is devoted to the place and role of imitation innovations in the development of entrepreneurship, analytical tables are
presented by region.

Author Biography

Mamatov, Abdurauf Olimjon ugli , Karshi Engineering Economics Institute

Master’s student in Economics
(by industry and sphere)

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Published

2024-10-21

How to Cite

Mamatov Olimjon ugli, A. (2024). The role of imitation innovations in entrepreneurship development. THE INNOVATION ECONOMY, 2(1). Retrieved from https://ojs.qmii.uz/index.php/ej/article/view/742

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Section

KICHIK BIZNES VA XUSUSIY TADBIRKORLIK