Comparative Analysis of Domestic and Foreign Experience in Implementing the Mechanism of Investment Potential of Industry in the Context of the Development of an Innovative Economy

In the context of economic globalization, industrial investment plays a crucial role in ensuring national economic security. Different countries have adopted various mechanisms to manage their investment potential in industries. Nations like the USA, China, Japan, and Singapore have implemented robust strategies to stimulate industrial investment and enhance their economic security. These strategies include creating favorable conditions for investors, such as tax incentives, reduced bureaucratic barriers, and investment-friendly policies. While international approaches to industrial investment mechanisms have been documented, there is a lack of focused research on adapting these foreign practices to the economic security needs of Uzbekistan, particularly in the industrial sector. This paper aims to compare the investment mechanisms of industrial sectors in foreign countries with Uzbekistan's current practices, evaluating the applicability of foreign models to Uzbekistan’s context. The study finds that Uzbekistan's investment mechanisms can benefit from the foreign experiences of economic zones, public-private partnerships, and specialized financing tools used in countries like China and the USA. The novel contribution of this study lies in its comprehensive analysis of how foreign investment models can be adapted to the industrial sector of Uzbekistan. The findings suggest that Uzbekistan can enhance its industrial investment potential by incorporating international best practices, particularly in creating favorable investment climates and strengthening public-private partnerships to secure economic growth.