INNOVATIVE ACTIVITY AND EFFECTIVE ORGANIZATION OF INNOVATIVE PROCESSES IN ENTERPRISES

Gafurova Umida

Senior lecturer of the Finance Department of the Tashkent Financial Institute

Tashkent, Uzbekistan.

Email: umidag85@gmail.com

https://Orcid.org/0000-0002-7997-7169

Abstract. In this article, measures to increase innovative activity and innovative efficiency in enterprises are considered. By the beginning of the 21st century, economic policies aimed at attracting investments, joining various economic unions for mutual trade, and ensuring the free movement of labor and capital became popular in the economy of countries. Among the activities aimed at ensuring economic development, emphasis was placed on the establishment of free economic zones, direct investment flows, and the creation of numerous tax and customs incentives. The method of assessing the impact of investments on increasing the efficiency of investment and innovation activities of enterprises, forecasting and determining their coefficient of long-term and short-term dependence is an important necessity to be used in the development of the enterprise’s investment strategy, in the management of risks according to the corporate finance policy. A number of regulatory documents of our country’s legislation – laws of the Republic of Uzbekistan, decrees and decisions of the President of the Republic of Uzbekistan, decisions of the Cabinet of Ministers – strengthen the legal basis of innovative activity. Relations in the field of innovation and innovative activity in the economy have been researched by a number of world scientists and specialists, and in this regard we can cite the contribution of researchers of foreign countries and scientists of our country.The theoretical and methodological foundations of innovative activity have been thoroughly studied by economists and scientists.

Key words. investment efficiency, innovation, innovative activity, intellectual capital, innovative idea, production efficiency.

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