Khasanova Nigora Askarovna
Tashkent University of Information Technologies named after Muhammad
al-Khwarizmi
JEL Classification: O22 M37
Abstract: This article presents an in-depth examination of innovation processes within industrial enterprises, emphasizing their vital contribution to technological progress, operational efficiency, and long-term competitiveness in the modern market. The study systematically investigates the fundamental stages of innovation—beginning with the generation of new ideas, followed by the development, testing, and eventual commercialization of innovative products and technologies. Particular attention is given to understanding the dynamic interaction between internal organizational factors—such as management structure, corporate culture, and investment capacity—and external influences, including state policies, environmental regulations, global market trends, and collaboration with research institutions. Through this analytical approach, the article identifies the main conditions that enable the successful realization of innovation within enterprises. It argues that innovation should not be viewed as a one-time event but rather as a continuous and strategically managed process that integrates creativity, technological development, and market adaptation. The findings indicate that enterprises which apply a structured and consistent innovation strategy tend to achieve higher productivity, improved resource utilization, and greater resilience in the face of economic and technological changes. Ultimately, the study concludes that the systematic management of innovation processes serves as a cornerstone for sustainable growth, competitive advantage, and the overall modernization of industrial enterprises in the rapidly transforming global economy.
Keywords: Innovation, industrial enterprises, innovative stages, entrepreneurship, marketing, idea