DIRECTIONS FOR DEVELOPING THE ECONOMIC ACTIVITY OF

DIRECTIONS FOR DEVELOPING THE ECONOMIC ACTIVITY OF
INDUSTRIAL ENTERPRISES AND PREVENTING RISKS ARISING THEM
Tursunxodjayeva Sh.Z.
Tashkent institute of Finance, PhD
Sa’dullayeva G.U.
Tashkent institute of Finance, master
The formation and development or change in the level of innovative activity of
enterprises occurs as a result of the influence of certain factors. During the objective
and comprehensive research of the management of innovative activities of the
enterprise, the problem of identifying and systematizing the factors affecting it will
be urgent and insufficiently developed. By the factor of innovative activity, we
understand the conditions, reasons and indicators that affect the speed and description
of the innovative growth of the enterprise. In this case, the innovative process takes
place as a result of the interaction of many factors. The analysis of scientific literature
shows that the classification of factors affecting innovative activity was not
developed at the same time. Many authors have focused their attention on the factors
affecting the innovative activity of the enterprise. T.G. In her work, Filosofova noted
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the following factors that hinder innovation in industrial enterprises: - economic -
lack of financial resources, low funding from the state, high costs for innovation
promotion, high economic risk level, long term of innovation returns; - production -
lack of qualified personnel, lack of necessary information about new technologies,
sales markets, inability of the organization to quickly adopt innovations, lack of
cooperation with other organizations, enterprises and scientific organizations, or
absence; - other factors - low price demand by consumers for innovative products,
lack of sufficient legal and regulatory frameworks and regulation in innovative
activities, insufficient stimulation of innovative activities by the state, poorly
developed innovative infrastructure, lack of development in the technology market .
A.A. Bovin cites and analyzes the following factors influencing the innovation
environment of the organization:
- social infrastructure (employees' access to services in educational, medical
and cultural facilities);
- communication field (possibility of using communication, information
resources);
- natural - geographical conditions (availability of transport, material and
technical, energy, fuel and raw materials resources);
-technological and scientific-technical field (availability of development
market, availability of research institutes, etc.);
-economic and financial sphere (state support of innovative activities at the
national and regional level, presence of investors interested in innovative
developments);
- political-legal sphere (existence of national, regional plans and programs in
the legal regulation of the innovative and scientific-technical sphere);
-strategic coverage of business (speed of innovation in a certain segment of the
market);
- labor market.
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In our opinion, the given classifications cover only a small part of the factors
affecting the innovative activity of the enterprise. It should be noted that the factors
directly affecting innovative activity have not been identified in the scientific
literature. The main goal of our research is to determine the impact of the activities of
industrial enterprises on the efficiency of the regional economy based on the
classification of factors affecting the innovative activity of the enterprise. In our
opinion, it is appropriate to classify the factors affecting the innovative activity of the
enterprise according to a number of signs. As a result of the conducted research, the
following classification signs of the factors affecting the innovative activity of the
enterprise according to the level of management can be proposed. According to the
sources of origin, factors are divided into natural-climatic, social, financial-economic,
industrial-technological, scientific-technical and organizational-management groups.
Natural and climatic factors have a great influence on the results of innovative
activities of industrial enterprises.
The availability of water supply, favorable climate, working conditions, and
large sources of fuel and raw materials greatly contribute to the development of
innovative activities of industrial enterprises located in the region and the growth of
innovative activities. Complexity of natural and climatic conditions, lack of labor
force, production forces, low level of transport development, on the contrary,
hindering the development of innovative activity of the enterprise, together with a
huge amount of money for the solution of the above-mentioned problems, which
negatively affect the level of innovative activity of the enterprise ' requires. Social
factors include the demographic situation, the level of social tension, the living
conditions of workers, health promotion at the enterprise, the organization of sports
and cultural activities, the general level of cultural and educational personnel, etc.
They serve to ensure effective and full use of the company's production resources,
corporate development and formation of human capital. Financial and economic
factors determine the availability of funds, raw materials, and the level of
opportunities to attract additional funds. Researching the financial and economic
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factors of innovative activity, first of all, provides an opportunity to research the
financial capabilities of the enterprise in the innovative development, to develop in
advance the direction of the development of the innovative strategy in the current and
future financial situation of the company.
In conclusion, it can be said that in order to solve such problems in enterprises
and to improve financial indicators, it is appropriate to implement the following
measures: reduce costs (maximize their optimization). These measures should help
stem the decline in profits. Creating an effective cost control system is a very
effective way to reduce costs. Entrepreneurial activity has been proven as a process
related to the results of enterprise activity, its potential and competitiveness. That is
why the management of business activities should have a leading position in the
entire management system of the enterprise, because it creates the necessary
conditions for the growth of its value. The term "enterprise management" can be
considered as the influence on the current plans of formation, distribution and
redistribution of existing resources in order to constantly increase the micro and
macro efficiency of the management entity. Business management covers various
areas of activity. adapting to the requirements of the economic and social
environment is becoming one of the main practical problems of the science of
entrepreneurship every day. Theoretical research on the ability to perceive
prospective changes with the highest possible accuracy, the use of effective methods
and forms in the fight against competition is soon becoming the practical experience
of developing enterprises. Interest in new development ways and methods in the field
of business is increasing as a result of Jalik entity's choice of unique, antique
innovative strategies, implementation of unexpected measures with application of
News in competition.
It will be necessary for the enterprises and organizations of our republic to
learn the experiences of advanced and leading companies, to observe their innovative
management activities and tactical measures in order to find their place in the world
markets. Because every entrepreneur and business entity should clearly define its
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goals, long-term and short-term strategy, and innovation policy in order to ensure
"unanimity of interests" in determining the areas of economic and scientific
cooperation with foreign companies.
Bibliography
1. Arkhipov A. P. Insurance: textbook. - M. : KnoRus, 2018. - 288 p
2. Burkhanov A.U. "Method of assessment of financial stability of industrial
enterprises".
http://iqtisodiyot.tsue.uz/sites/default/files/maqolalar/27
3. Vahobov AV., Ibrokhimov AT., Ishankulov N.F. "Financial and
Management Analysis". Textbook. T.; "East", 2020.
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