Scientific ideas of young scientists | Pomysły naukowe młodych naukowców |
Научные идеи молодых ученых
35 November 2020
These functions are individual tasks, as they are aimed at achieving specific goals of economic
activity and maximizing profits. The needs of society, industry, region, enterprise and organization,
the needs of each person are so diverse that no government organization can fully satisfy them. In
addition, they have increased over time and, as the experience of recent decades shows, they are
becoming more individualized. Only an entrepreneur can fully satisfy these needs and find new
innovative ideas to satisfy them. The advantages of small firms in innovation are: flexibility in the
implementation of innovations, since the management of the firm is often the author of the invention;
the strength and universality of motivation are associated with morality (the invention is very
important for the author) and material (only the successful implementation of the invention, allowing
you to become an entrepreneur); deep specialization of small innovative firms; lack of management
personnel; the ability to quickly reduce the cost of information and exchange (the faster a small firm
receives and generates new ideas, the larger);
The next task of small business is to ensure high mobility of expanded reproduction and
flexibility of the market economy. In a globalized economy, competition in the world market will be
even stronger. Under these conditions, small and medium-sized enterprises can quickly change their
product range and accelerate the modernization of their production facilities due to low capital costs,
great compactness and flexibility. Thus, small businesses can adapt more quickly to changing market
conditions and from time to time economic crises.
Based on the above, small business in Uzbekistan should be not only an important factor in
the formation of gross domestic product, but also a source of employment and income for the well-
being of the population. Since small business is a specific sector, some small market needs cannot be
fully met without small firms. At the same time, small businesses take advantage of the marketplace
because they know their customers and differentiated markets. This is primarily due to the fact that
large companies serve those market segments that are not of interest due to their small size. These
include most of the production of consumer goods. Small businesses are very sensitive to changes in
demand and are able to meet new and individual customer needs. Business development is largely
due to the profound changes that are taking place in modern culture. If a few decades ago, sales
success was due to the fact that it met market standards, today its novelty is determined by its
originality. Similar trends are observed in the service sector - demand depends on the quality and
variety of services.
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