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TO THE THEORETICAL ASPECTS OF SMALL AND MEDIUM ENTREPRENEURSHIP IN REGIONAL ECONOMY

Author (s)

Juraev F.M., Ziyoev M.M.

Abstract

This article examines the theoretical foundations of small and medium-sized businesses in regional economic development. It explores the main scientific approaches to defining the nature of small and medium-sized businesses, as well as their importance in fostering a competitive environment and ensuring sustainable socioeconomic development in regions. Particular attention is paid to analyzing the factors influencing the development of small and medium-sized businesses at the regional level. The key functions of small and medium-sized businesses in the economy are identified, including job creation, stimulating innovation, and developing the entrepreneurial environment. The digital transformation of small and medium-sized enterprises is also explored. As the digital economy becomes more widespread, integrating advanced technologies such as e-commerce platforms, artificial intelligence, and data analytics can help small and medium-sized businesses scale their operations and compete in global markets.

Keywords

regional economy; small entrepreneurship; medium entrepreneurship; entrepreneurial environment; key functions of small and medium-sized entrepreneurship; economic development

References

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