Innovation: Their Modern Significance

Aliyeva Elnara  Ametovna

Aliyeva Elnara Ametovna Doctor of Philosophy of Economic Sciences (PhD) Namangan Institute of Engineering and Technology

Keywords: innovations, digital technologies, opportunities, intellectual potential, innovations, potential

Abstract

The article proves that it is the intellectual potential that is the main factor in the innovative development of both the enterprise and the entire civilization. The dependence of the given direction of innovative development on the intellectual factor of innovative potential is also revealed. Based on logical reasoning, the author offers his own definition of the terms «lost innovation», «the law of innovation creation», as well as a modern definition of the term «innovation».

References

1. Decree of the President of the Republic of Uzbekistan "On approval of the strategy "Digital Uzbekistan - 2030" and measures for its effective implementation" dated October 5, 2020, No. UP-6079
2. Yu.V. Yakovets article "Grammar of innovations and innovation-technological breakthrough" Innovations No. 6, 2015, p. sixteen
3. Aliyeva E.A. Model of innovative activity // Economics and education. – 2021. – no. 5. - S. 149-155.
4. Alieva E.A. Essence of innovations: analysis of theoretical approaches. Bulletin of the Plekhanov Russian University of Economics. 2019;(6):p.21-31. https://doi.org/10.21686/2413-2829-2019-6-21-31
5. Bayboboeva F.N. (2020). Innovation-entrepreneurial competence. European Journal of Research and Reflection in Educational Sciences, 8(2), 170 Eournal.
6. Alieva Elnara Ametovna. «LIFE CYCLE OF INNOVATIONS AS THE MAIN FACTOR OF FORMING THE CONCEPT OF MODERN INNOVATIVE DEVELOPMENT». International Engineering Research and Development Journal, vol. 6, no. 3, May 2021, p. 5, doi:10.17605/OSF.IO/5PV8W.