The Theoretical Foundations for Increasing the Economic Efficiency of Industrial Enterprises
DOI:
https://doi.org/10.51699/economics.v38i1.198Keywords:
Recycling, Cluster Theory, Approach, Microeconomic Theory, Macroeconomic Theory, Efficiency, Internal Capabilities, New Reforms, Effective UseAbstract
This study aims to enhance the economic efficiency of industrial enterprises in the processing sector by utilizing a cluster-based approach. The research addresses the cluster system's theoretical foundation, emphasizing its significant role in overcoming economic challenges and improving productivity, particularly in Uzbekistan's food industry. A systematic methodology, including logical reasoning, economic comparison, and statistical analysis, was employed to examine how cluster systems contribute to increased competitiveness, cost reduction, and sustainable growth. Results indicate that the cluster approach fosters collaboration among various sectors, thereby optimizing resource use and supporting innovative solutions. This model is shown to be vital for advancing Uzbekistan's economic efficiency within the industrial sector, aligning with the nation's strategic economic reforms.
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