The Experience of Developed Countries in Increasing the Competitiveness of Joint-Stock Companies and the Prospects for its Implementation in Uzbekistan

Authors

  • Khazratkulova Lola Narmuminovna PhD in Economic Sciences, Associate Professor, Department of Finance and Business Analytics, Tashkent State Economic University
  • Bekbayeva Feruza Bakhtierovna Senior teacher, Department of Finance and Business Analytics, Tashkent State Economic University

Keywords:

globalization, competitive advantage theories, human capital theory, quality of life, income differentiation, poverty alleviation, social protection, innovative economy

Abstract

In a market economy, it is impossible to overestimate the importance of competitiveness as a factor in maintaining and improving the economic security of business in a strategic perspective. The use of competitive advantages allows the company to survive in an unstable economic situation, attracting customers and increasing the profitability of production and sales.

The article summarizes the theoretical interpretation of the concept of "competitiveness", an attempt is made to generalize the factors that stimulate the competitive advantages of enterprises and the economy as a whole, foreign experience in increasing competitiveness and the prospects for its implementation in Uzbekistan are analyzed. The purpose of the study is to identify the main directions in the field of increasing the competitiveness of countries with economies in transition. The results of the study can be used in the system of making strategic decisions for the development of countries with economies in transition.

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Published

2023-03-21

How to Cite

Narmuminovna, K. L., & Bakhtierovna, B. F. (2023). The Experience of Developed Countries in Increasing the Competitiveness of Joint-Stock Companies and the Prospects for its Implementation in Uzbekistan. American Journal of Public Diplomacy and International Studies (2993-2157), 1(1), 7–13. Retrieved from http://grnjournal.us/index.php/AJPDIS/article/view/35