The role of small business enterprises in enhancing the well-being of the population in Uzbekistan
DOI:
https://doi.org/10.5281/zenodo.17149312Keywords:
small business enterprises (SBEs), well-being, economic development, job creation, income generation, poverty reduction, microfinance, government support, entrepreneurship training, digital technologiesAbstract
This study explores the crucial function of small business enterprises (SBEs) in enhancing the well-being of the
population in Uzbekistan. It analyzes the diverse contributions of SBEs, such as generating jobs, increasing income, and
their effects on local economic growth, while also recognizing the obstacles they encounter. The research utilizes a mixedmethods
framework, combining quantitative analysis of statistical information of Uzbekistan regarding SBE performance
metrics (e.g., revenue, employment, access to finance) with qualitative insights drawn from semi-structured interviews
with 50 SBE owners from various sectors. The analysis investigates how factors like access to microfinance, government
assistance programs, entrepreneurship training initiatives, and the implementation of digital technologies influence SBE
expansion and its resulting effect on poverty alleviation, improved living standards, and overall societal welfare. The
anticipated findings aim to offer meaningful recommendations for policymakers striving to establish a more favorable
environment for SBEs, ultimately aiding in sustainable economic growth and enhanced quality of life for Uzbekistan's
citizens.
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