THE ROLE OF INVESTMENTS IN THE INNOVATIVE DEVELOPMENT OF THE ECONOMY OF UZBEKISTAN

Abstract

This topic explores the relationship between foreign investments and the innovative development of Uzbekistan's economy. The analysis focuses on the impact of foreign direct investment (FDI) inflows on innovation indicators such as research and development (R&D) expenditure and patent filings. The conclusion highlights the potential of foreign investments to drive innovation and promote economic growth in Uzbekistan, but also emphasizes the challenges faced by investors, including corruption, bureaucratic procedures, and limited access to finance. The conclusion also emphasizes that sustainable economic growth requires a comprehensive approach that includes not only foreign investments but also investments in human capital development, institutional strengthening, and infrastructure enhancement.