Leaping Towards Green Growth: A Triadic Approach to Sustainable Development in Uzbekistan
DOI:
https://doi.org/10.51699/economics.v38i1.393Keywords:
Green growth, sustainable development, innovation, technology, management, Uzbekistan, renewable energy, environmental manageAbstract
This study investigates the triadic relationship between innovation, technology, and management in driving green growth in Uzbekistan, a nation striving to balance economic development with environmental sustainability. Utilizing a quantitative, correlational, and regression-based design, the research analyzes survey data from businesses and organizations across various sectors. The findings reveal significant positive relationships between R&D expenditure, renewable energy adoption, and environmental management systems implementation with both energy intensity reduction and emissions reduction. Furthermore, the study demonstrates the moderating role of top management commitment, amplifying the positive impact of green technology financing on circular economy practices. Evidence also supports a positive feedback loop, where improved resource productivity leads to increased investment in green technology R&D. The research findings demonstrate why achieving desired green growth targets requires integration between innovation and technology alongside proper management methods. The research demonstrates the necessity for policies backed by initiatives that promote integration between different sustainability elements as well as strong leadership support and feedback systems that reinforce positive environmental results. The research adds to scholarly knowledge about green growth through Uzbekistan-based empirical data while supplying implementable suggestions for sustainable development policy and business approaches.
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