Entrepreneurship Quantity Growth and Market Competition: Dynamic Dependence Analysis Case of Uzbekistan

Authors

  • Daniyarova Kamola Master student of Samarkand branch of Tashkent State University of Economics

DOI:

https://doi.org/10.51699/economics.v38i1.287

Keywords:

Entrepreneurship, Competitiveness Environment, New Enterprises, Economic Efficiency, Antimonopoly Policy

Abstract

This article aims to study the dynamic relationship between the growth of entrepreneurship and the level of competition in the market. An increase in the number of entrepreneurs can increase competition in the market, increase economic efficiency and stimulate innovation. In this article, interrelated factors are analysed and the relationship between the number of newly established enterprises, market share and the competitive environment is studied. Based on the analysis carried out in the case of Uzbekistan, conclusions are drawn about how the increase in competition affects economic growth and entrepreneurship development. At the same time, it also examines what policies and strategies are effective to increase competition.

References

Acs, Z. J., Audretsch, D. B., & Lehmann, E. E. (2013). The knowledge spillover theory of entrepreneurship. Small Business Economics, 41(4), 757-774. https://doi.org/10.1007/s11187-013-9505-9

Aghion, P., Akcigit, U., & Howitt, P. (2015). Lessons from Schumpeterian growth theory. American Economic Review, 105(5), 94-99. https://doi.org/10.1257/aer.p20151006

Baumol, W. J. (2010). The microtheory of innovative entrepreneurship. Princeton University Press.

Brown, J. R., Martinsson, G., & Petersen, M. A. (2017). Do financing constraints matter for R&D? European Economic Review, 86, 68-87. https://doi.org/10.1016/j.euroecorev.2015.12.002

De Soto, H. (2013). The mystery of capital: Why capitalism triumphs in the West and fails everywhere else. Basic Books.

Djankov, S., La Porta, R., Lopez-de-Silanes, F., & Shleifer, A. (2002). The regulation of entry. The Quarterly Journal of Economics, 117(1), 1-37. https://doi.org/10.1162/003355302753399436

Levine, R., & Rubinstein, Y. (2016). Smart and illicit: Who becomes an entrepreneur and does it pay? The Quarterly Journal of Economics, 132(2), 963-1018. https://doi.org/10.1093/qje/qjw010

Peris-Ortiz, M., Fuster-Estruch, V., & Ribes-Giner, G. (2014). The role of entrepreneurship and innovation in financial crisis. In M. Peris-

Ortiz & J. M. Merigó-Lindahl (Eds.), Entrepreneurship, innovation and economic crisis (pp. 1-17). Springer. https://doi.org/10.1007/978-3-319-02384-8_1

Porter, M. E. (1990). The competitive advantage of nations. Free Press.

Romer, P. M. (2010). Endogenous technological change. Journal of Political Economy, 98(5), S71-S102. https://doi.org/10.1086/261725

Shleifer, A., & Vishny, R. W. (2010). The grabbing hand: Government pathologies and their cures. Harvard University Press.

World Bank Group. (2020). Doing business 2020: Comparing business regulation in 190 economies. The World Bank.

https://archive.doingbusiness.org/en/reports/global-reports/doing-business-2020 www.stat.uz - STATISTICS AGENCY UNDER THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN

Elo, M. (2016). Typology of diaspora entrepreneurship: case studies in Uzbekistan. Journal of International Entrepreneurship, 14, 121-155.

Ochilov, A. O. (2017). The Higher Education Dynamics and Economic Growth: The Case of Uzbekistan. Journal of Management Value & Ethics, 7(2), 46-53.

Tokhirov, R. S., & Numonov, F. N. (2023). DEPENDENCE AND LEVEL OF INFLUENCE OF THE SERVICES SECTOR ON THE ECONOMY OF UZBEKISTAN. Экономика и социум, (7 (110)), 318-329.

K. H. Bong, “University technology transfer and entrepreneurship as drivers of regional development: evidence from Korea,” Asian Journal of Technology Innovation, vol. 30, no. 2, pp. 428–446, 2022, doi: 10.1080/19761597.2021.1891443.

F. Irnazarov, “TASHKENT: Aspiring for entrepreneurship and innovation hub,” Routledge Handbook of Asian Cities, pp. 503–512, 2023, doi: 10.4324/9781003256533-47.

M. Paliwal, “Growth of Digital Entrepreneurship in Academic Literature: A Bibliometric Analysis,” International Journal of Sustainable Development and Planning, vol. 18, no. 6, pp. 1929–1942, 2023, doi: 10.18280/ijsdp.180629.

Z. Zhang, “Evolution of a Complex System and Construction of International Ecosystem for Innovation and Entrepreneurship Under the Background of BRI,” Lecture Notes on Multidisciplinary Industrial Engineering, pp. 9–15, 2022, doi: 10.1007/978-3-030-97947-8_2.

Downloads

Published

2024-12-20

How to Cite

Kamola, D. (2024). Entrepreneurship Quantity Growth and Market Competition: Dynamic Dependence Analysis Case of Uzbekistan. Academic Journal of Digital Economics and Stability, 38(1), 163–168. https://doi.org/10.51699/economics.v38i1.287

Issue

Section

Articles