Problems in the Mechanism of Introducing Innovations into the Activities of Industrial Enterprises and Ways to Prevent Them

Authors

  • Bobobekov Ergash Abdumalikovich Researcher of Tashkent State University of Economics, Uzbekistan

Keywords:

Industrial innovation, change management, financial resources, infrastructure, expertise, regulatory compliance, market uncertainty, system integration, strategic planning

Abstract

In the competitive landscape of modern industry, the adoption of innovative technologies and processes is critical for the growth and sustainability of industrial enterprises. However, the integration of innovations presents several challenges that can impede progress. This abstract explores the common problems faced by industrial enterprises when introducing innovations and proposes strategies to prevent or mitigate these issues. The stable and balanced development of the world economy is, first of all, ensuring consistent economic growth by taking a strong place in the world markets, further increasing the standard of living and well-being of the population. These are joint-stock companies that are flexible to any economic changes, can quickly adapt to internal and external influences, are important in creating innovations and widely introducing them into the production process, constantly updating and improving the types of products and services, in a situation where global geopolitical changes are expanding in the world. places great responsibility on such enterprises.

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Published

2024-05-21

How to Cite

Abdumalikovich, B. E. (2024). Problems in the Mechanism of Introducing Innovations into the Activities of Industrial Enterprises and Ways to Prevent Them. EUROPEAN JOURNAL OF BUSINESS STARTUPS AND OPEN SOCIETY, 4(5), 211–219. Retrieved from http://inovatus.es/index.php/ejbsos/article/view/3212

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