YOUTH ENTREPRENEURSHIP AS A FACTOR OF STRUCTURAL ECONOMIC TRANSFORMATION IN UZBEKISTAN
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https://doi.org/10.5281/zenodo.18950378##article.subject##:
youth entrepreneurship, labor market, SME development, institutional reforms, economic transformation, Uzbekistan.##article.abstract##
This study examines youth entrepreneurship as a structural driver of economic transformation in Uzbekistan
during 2017-2025. The research integrates classical entrepreneurship theory, human capital theory, Schumpeterian
innovation concepts, and institutional economics to conceptualize youth entrepreneurship as an independent economic
category. The empirical analysis is based on official statistical data, modeled estimates, and regression-based evaluation
methods to investigate the relationship between youth entrepreneurial activity and youth employment dynamics. The
results indicate that youth entrepreneurship contributes significantly to labor market stabilization, innovation diffusion,
regional development, and the strengthening of the financial ecosystem. In particular, the share of youth entrepreneurs
increased from about 20 percent in 2017 to nearly 40 percent in 2025, while youth unemployment decreased substantially
over the same period. The findings demonstrate that youth entrepreneurship has become a structurally significant
subsystem of Uzbekistan’s economy and plays an important strategic role in ensuring sustainable economic growth
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