THE GROWING STARTUP ECOSYSTEM IN UZBEKISTAN: EXPANDING OPPORTUNITIES FOR YOUTH-LED INNOVATION AND ENTREPRENEURSHIP IN A DEVELOPING ECONOMY

Authors

  • Nafisa Sotiboldiyeva Ulug‘bekovna First-year undergraduate student Department of Foreign Language and Literature Namangan State Institute of Foreign Languages named after Ishoqkhon Ibrat
  • Nafisa Sotiboldiyeva Ulug‘bekovna First-year undergraduate student Department of Foreign Language and Literature Namangan State Institute of Foreign Languages named after Ishoqkhon Ibrat

DOI:

https://doi.org/10.55640/

Keywords:

startup ecosystem, youth-led innovation, entrepreneurship, venture capital, Uzbekistan

Abstract

In recent years, the concept of a “startup” has become one of the key drivers of economic development worldwide. Startups based on innovative ideas and aimed at rapid growth and scalability not only create new jobs but also offer effective solutions to existing social problems. This process is also highly relevant for Uzbekistan, where the startup ecosystem has been gradually taking shape.

Just a few years ago, the term “startup” was almost unfamiliar to the general public. Today, however, as a result of the rapid development of digital technologies, electronic payment systems, e-commerce platforms, online education services, and logistics solutions have become an integral part of our daily lives. In particular, the Click payment system, the Uzum and Payment ecosystems, and various online education platforms  like Ibrat Academy , UstozAI clearly demonstrate the practical outcomes of startup initiatives in Uzbekistan.

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References

1.Blank, S. (2013). The four steps to the epiphany. K&S Ranch Press.

2.Ries, E. (2011). The lean startup: How today’s entrepreneurs use continuous innovation to create radically successful businesses. Crown Publishing.

3.OECD. (2020). Innovation policy review: Developing innovation ecosystems. OECD Publishing.

4.World Bank. (2022). Uzbekistan: Digital economy and entrepreneurship development. World Bank Publications.

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Published

2026-01-31

Issue

Vol. 5 No. 01 (2026): Journal of Multidisciplinary Sciences and Innovations

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Authors retain the copyright of their manuscripts, and all Open Access articles are disseminated under the terms of the Creative Commons Attribution License 4.0 (CC-BY), which licenses unrestricted use, distribution, and reproduction in any medium, provided that the original work is appropriately cited. The use of general descriptive names, trade names, trademarks, and so forth in this publication, even if not specifically identified, does not imply that these names are not protected by the relevant laws and regulations.

How to Cite

THE GROWING STARTUP ECOSYSTEM IN UZBEKISTAN: EXPANDING OPPORTUNITIES FOR YOUTH-LED INNOVATION AND ENTREPRENEURSHIP IN A DEVELOPING ECONOMY. (2026). Journal of Multidisciplinary Sciences and Innovations, 5(01), 2526-2529. https://doi.org/10.55640/

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