Economic Mechanisms of Entrepreneurship Development and Foreign Experiences for Developing Countries

Authors

  • Almardonov Mukhamadi Ibragimovich Phd, Associate Professor of the Department of "Economy and Tourism" at the Oriental University
  • Khujamkulov Dilmurod Yusupalievich Candidate of economic sciences, professor of the Department of "Economy and Tourism" at the Oriental University
  • Yusupov Mukhiddin Soatovich Ph.D., Professor of the "Economy and Tourism" Department at the Oriental University
  • Khurramov Anvar Khudayshukurovich Independent researcher, senior lecturer of the "Exact Sciences" department at the Oriental University,
  • Ergashev Mukhammadsodik Uchkun ugli teacher of the "Exact Sciences" department at the Oriental University

DOI:

https://doi.org/10.17762/jaz.v44iS7.2649

Keywords:

Entrepreneurship Development, Economic Mechanisms, Developing Countries, Policy Financial Accessibility, Educational Initiatives

Abstract

This study examines the economic mechanisms that foster entrepreneurship development, focusing on lessons from developed countries and their relevance to developing nations. Key factors such as government policies, financial support, educational initiatives, and cultural attitudes are analyzed. The research identifies challenges in developing countries, including limited capital access and bureaucratic barriers. Based on these insights, concise recommendations are proposed to enhance entrepreneurship in developing countries, emphasizing policy reforms, financial accessibility, and educational improvements. The study underscores the need for a multifaceted approach to stimulate economic growth and development through entrepreneurship.

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Published

2023-12-13

Issue

Section

Articles

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