INSTITUTIONAL BARRIERS TO THE FORMATION OF COMPETITIVE ADVANTAGES OF SMALL BUSINESSES IN THE DIGITAL ENVIRONMENT

Authors

  • Malika Akbarovna Xujayeva Independent Researcher at Tashkent State University of Economics (TSUE)

DOI:

https://doi.org/10.5281/zenodo.23446216

Abstract

This paper examines the institutional barriers affecting the formation of competitive advantages of small businesses in the digital environment. Particular attention is paid to expanding access to financial resources, developing digital skills, improving infrastructure, simplifying regulatory mechanisms, and strengthening cybersecurity. The study examines how these factors influence the ability of small enterprises to adopt digital technologies and strengthen their market position. It also outlines key directions for improving the institutional environment and supporting the sustainable development of small businesses in the digital environment in Uzbekistan.

Keywords

small business, competitive advantages, institutional barriers, digital environment, digitalization, entrepreneurship, Uzbekistan

References

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Bianchini, M., & Lasheras Sancho, M. (2025). SME Digitalisation for Competitiveness: The 2025 OECD D4SME Survey. OECD SME and Entrepreneurship Papers, No. 68. Paris: OECD Publishing. https://doi.org/10.1787/197e3077-en

North, D. C. (1990). Institutions, Institutional Change and Economic Performance. Cambridge: Cambridge University Press. https://doi.org/10.1017/CBO9780511808678

OECD. (2021). The Digital Transformation of SMEs. OECD Studies on SMEs and Entrepreneurship. Paris: OECD Publishing. https://doi.org/10.1787/bdb9256a-en

UNCTAD. (2024). Digital Economy Report 2024: Shaping an Environmentally Sustainable and Inclusive Digital Future. Geneva: United Nations. https://unctad.org/publication/digital-economy-report-2024

World Bank. (2024). Digital Progress and Trends Report 2023. Washington, DC: World Bank. https://doi.org/10.1596/978-1-4648-2049-6

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Published

2026-09-05
Vol. 4 (2026): «Muhandislik va Iqtisodiyot» jurnali Belarus-O'zbekiston Konferensiya