UZBEKISTAN`S INNOVATION POTENTIAL – TRANSITION FROM POST- SOVIET ECONOMY TO INNOVATION HUB OF CENTRAL ASIA

Abstract

Emerging economies in the post-soviet area consider economic growth focused
on innovation as an essential condition of ensuring sustainable growth in the 21st
century. For this reason, governments of developing countries have adopted several
state programs navigated to the stimulation of innovation in all sectors of economy.
Likewise, the government of Uzbekistan has also chosen innovative development as
country`s future economic and social wellbeing.