Foreign Experience of Using Electronic Commerce Systems in Joint Stock Companies
DOI:
https://doi.org/10.51699/economics.v37i4.168Keywords:
joint-stock firms, electronic commerce, e-commerce enterprises, online sellers, businesses, digital economy, electronic business, online banking services, e-marketplacesAbstract
Joint-stock firms' worldwide e-commerce growth is crucial to national economies, and Uzbekistan's strategic emphasis on the digital economy is expected to spur significant expansion. The country's e-commerce participation is still mostly domestic, despite advantageous conditions like internet availability and government assistance. This highlights a substantial knowledge gap in utilizing overseas markets. This study investigated international e-commerce models and their implementation in Uzbekistan using both theoretical and empirical approaches. The findings imply that although e-commerce infrastructure is growing, progress is being hindered by infrastructural and regulatory issues. Through improved digital trade, addressing these problems could promote global competitiveness and support sustainable economic development, both of which are in line with the "Digital Uzbekistan 2030" vision.
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Copyright (c) 2024 Nozimov Eldor Anvarovich
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