IMPLEMENTATION OF INNOVATIVE TECHNOLOGIES AND INCREASING LABOR PRODUCTIVITY IN SMALL BUSINESS
DOI:
https://doi.org/10.5281/zenodo.22954884Abstract
The study examines the role of innovative technologies in increasing labor productivity in small businesses. Particular attention is paid to digitalization, automation, artificial intelligence, digital management systems, and modern production technologies. The study analyzes how the implementation of innovative solutions can improve work organization, optimize operating costs, minimize errors, and enhance employee efficiency. The research also considers the main factors influencing the adoption of new technologies by small businesses, including financial capacity, digital skills, and access to technological infrastructure. The results demonstrate that the effective implementation of innovative technologies, combined with employee training and organizational improvements, can significantly contribute to higher labor productivity and the competitiveness of small enterprises.Keywords
innovative technologies, labor productivity, small business, digitalization, automation, artificial intelligence, digital skills, innovation, business efficiency, competitivenessReferences
Solow, R. M. Technical Change and the Aggregate Production Function. (1957). The Review of Economics and Statistics, 39(3), 312–320.
Schumpeter, J. A. The Theory of Economic Development. – Cambridge, MA : Harvard University Press, 1934.
Schultz, T. W. Investment in Human Capital. (1961). The American Economic Review, 51(1), 1–17.
Becker, G. S. Human Capital: A Theoretical and Empirical Analysis, with Special Reference to Education. – Chicago : University of Chicago Press, 1993.
Drucker, P. F. Innovation and Entrepreneurship. – New York : Harper & Row, 1985.
Porter, M. E. Competitive Advantage: Creating and Sustaining Superior Performance. – New York : Free Press, 1985.
Barney, J. Firm Resources and Sustained Competitive Advantage. (1991). Journal of Management, 17.
– P. 99–120.
Brynjolfsson, E., Hitt, L. M. Beyond Computation: Information Technology, Organizational Transformation and Business Performance. (2000). Journal of Economic Perspectives, 14(4), 23–48.
OECD. Digital Economy Outlook 2024. – Paris : OECD Publishing, 2024.
World Economic Forum. The Future of Jobs Report 2025. – Geneva : World Economic Forum, 2025.
International Labour Organization. World Employment and Social Outlook: Trends 2024. – Geneva : ILO, 2024.
World Bank. World Development Report 2019: The Changing Nature of Work. – Washington, DC : World Bank, 2019.
Asian Development Bank. Asia Small and Medium-Sized Enterprise Monitor 2023. – Manila : Asian Development 207 SOCIAL, ECONOMIC, SCIENTIFIC, AND TECHNICAL ACADEMIC JOURNAL 8/2026 Bank, 2023.
National Statistical Committee of the Republic of Uzbekistan. Small Business and Entrepreneurship Statistics. – Tashkent.
National Committee of the Republic of Uzbekistan on Statistics. Economic Activity and Labor Market Statistics. – Tashkent.
Downloads
Published
How to Cite
Issue
Section
