Fostering entrepreneurship for advancing the standard of living in new Uzbekistan

Ibroxim G‘ulomov 1 and Azamat Ostonokulov 2, *

1 International School of Finance Technology and Science (ISFT), Uzbekistan.
2 Tashkent State University of Economics (TSUE), Uzbekistan.
Review Article
World Journal of Advanced Research and Reviews, 2024, 22(03), 1466–1469
Article DOI: 10.30574/wjarr.2024.22.3.1867
Publication history: 
Received on 18 May 2024; revised on 18 June 2024; accepted on 21 June 2024
This article explores the pivotal role of entrepreneurship in advancing the standard of living in Uzbekistan. Drawing upon a comprehensive review of international literature and specific contextual factors, the analysis provides insights into the transformative potential of entrepreneurship for economic development, job creation, and innovation. From social reforms to investments in infrastructure, education, and innovation, the article offers actionable insights for policymakers, business leaders, and stakeholders seeking to promote entrepreneurship as a driver of socio-economic progress in Uzbekistan.
Entrepreneurship; Standard of Living; Economic Development; Innovation; startup.
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