Methodology for developing small business to ensure sustainable economic growth

Authors

  • Ermatov Akmaljon Adxamovich Andijan State Technical Institute Author

Keywords:

sustainable economic growth, small business, methodology, integrated development index, labor productivity, institutional environment, digitalization, strategic management

Abstract

Small business development is a key factor in ensuring sustainable economic growth, increasing employment, boosting innovation, and diversifying regional economies. However, the contribution of small businesses to economic growth is determined not only by the number of operating enterprises but also by labor productivity, institutional conditions, access to financial resources, human capital, and the level of digital transformation. This article develops a methodological approach to assessing and fostering small business development as a driver of sustainable economic growth. The study employs comparative, statistical, structural, and analytical methods to examine the relationship between small business production and employment indicators

References

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Schumpeter, J. A. (1934). The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle. Harvard University Press.

World Bank. (n.d.). SMEs Finance. World Bank Group. https://www.worldbank.org/ext/en/topic/competitiveness/small-and-medium-enterprises-smes-finance

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Published

2026-10-12

How to Cite

Ermatov Akmaljon Adxamovich. (2026). Methodology for developing small business to ensure sustainable economic growth. Scientific and Technical Journal "Machine-Building", 1(4), 43-48. https://journal.astiedu.uz/index.php/mashinasozlik/article/view/219

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