The process of developing startups based on management principles

Ilxamov Azizbek Yodgor O‘g‘li

GREEN ECONOMY AND DEVELOPMENT, 2025, vol. 3, issue 8

Abstract: This study explores the role of management principles in supporting and developing startup ecosystems inUzbekistan. The introduction highlights the growing significance of startups as a driver of innovative economic growthamid global technological transformations. Despite numerous initiatives, the knowledge gap lies in the limited integrationof systematic management approaches for ensuring the long-term sustainability of startups. The research adopts aqualitative analysis of Uzbekistan’s regulatory frameworks, institutional support structures, and practical implementationmodels for startup development. The study examines policy reforms, funding mechanisms, and management strategiesapplied at different stages — from idea generation to commercialization and diversification.Findings indicate that strategic planning, resource allocation, risk management, and continuous monitoring form thefoundation for successful startup operations. Results reveal that state-led initiatives, including business incubators,accelerators, technoparks, and venture funds, have significantly expanded startup opportunities, leading to measurableoutcomes such as 65 funded projects worth 27.6 billion UZS and the creation of 394 jobs in 2024. Moreover, sectoraldiversification in tourism, healthcare, agriculture, and food production underscores the practical impact of managementbasedmodels.The implication of this research suggests that applying management principles systematically enhances the resilienceand scalability of startups, fostering an innovative entrepreneurial environment and contributing to national economicgrowth.

Keywords: Startup management; innovation ecosystem; strategic planning; risk management; Uzbekistan; commercialization; entrepreneurial development (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:teu:ged000:v:3:y:2025:i:8:id:6625

DOI: 10.5281/zenodo.16777856

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