Asian Journal Of Multidimensional Research
  • Year: 2021
  • Volume: 10
  • Issue: 6

The importance of innovations in improving the structural compound of the economy

*Senior Lecturer, Uzbek State University of World Languages, Uzbekistan

Online published on 22 July, 2021.

Abstract

The role of innovation activity provides high level of competitiveness in stable development of economic system is showed and the conditions of economic reforms are analyzed present time in this article. In particular, conducting the results of scientific research and innovative activity and using them effectively in innovative economic system provides the increasing of intensiveness of economic development of the country. From this point of view, innovation is very important in the existence of an innovative economy in the country, which is one of the main factors calling and achieving economic interests of mankind, is of great importance.

Keywords

Innovation, Economy, Economic System, Economic Stability, Competition, Technology, Manufacturing, Economic Growth