Fostering collaborative innovation through Public-Private Partnerships in Uzbekistan
Challenges and opportunities for future growth
Bibliographic Data
| ID | 21780509 |
|---|---|
| Authors | Navruzbek Shavkatov (0000-0003-1305-2507, Tashkent State Technical University named after Islam Karimov), Madina Raimjanova (0000-0001-8942-5723, Tashkent State Technical University named after Islam Karimov), Bakhadir Mamatov (Tashkent State Technical University named after Islam Karimov), Mekhmonali Alikulov (0000-0001-5981-885X, Tashkent State Technical University named after Islam Karimov), Bahramjon Mamatov (0009-0004-6227-5103), Sobir Khoshimov (0000-0002-2845-0201, Tashkent State Technical University named after Islam Karimov), Feruza Zokirova (0009-0007-1234-0175, Tashkent State Technical University named after Islam Karimov) |
| Year | 2024 |
| Volume | 210 |
| Issue | 7-8 |
| Pages | 10-16 |
| Publication date | 2024-08-27 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Economic Annals-ХХI (JOURNAL) |
| Journal identifiers | ISSN: 1728-6220 • E-ISSN: 1728-6239 |
| Publisher | Institute of Society Transformation sp. z o.o. (PUBLISHER) |
| DOI | 10.21003/ea.v210-02 |
| OpenAlex | W4409956347 |
| Language | EN |
| References cited | 1 |
This study aims to analyze the challenges and opportunities for developing participatory innovation through Public-Private Partnerships (PPPs) in Uzbekistan and its role in the country’s future growth. Adopting a mixed (qualitative-quantitative) approach, data were collected through policy document analysis, semi-structured interviews with 30 key stakeholders (including government officials, private sector managers, and international institutions), and a review of 15 PPP projects in the IT, renewable energy, and urban infrastructure sectors. The findings show that the private sector’s share of innovative projects in Uzbekistan increased from 12% to 21% between 2019 and 2023, but structural challenges such as weak legal frameworks (34% of projects faced legal delays), insufficient institutional capacity (57% of state institutions lack a specialized PPP unit), and limited access to venture capital (only 8% of startups have benefited from PPPs) persist. On the other hand, opportunities such as a 25% growth in foreign investment in the ICT sector (2022), government economic reform programs (such as the 2030 Development Strategy), and international cooperation (such as the partnership with the Asian Development Bank) were identified as key drivers. The results of this research can be used as a roadmap for transition countries with similar economic contexts
Business · General partnership · Public–private partnership · Belt and Road Initiative · Economic and Industrial Development · Economic, Social, and Public Health Issues in Russia and Globally · Finance
| Highly cited | No |
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