Financing Innovation in Service Enterprises: the Example of Uzbekistan

This article studies the issues of financing innovative activities in service enterprises using the example of Uzbekistan. The article analyzes the role of the service sector in the economy, sources of financing for innovative activities and their limitations. The effectiveness of financing mechanisms and proposals for their improvement are presented. The importance of modern financing instruments such as public-private sector cooperation, attracting international financing, as well as venture capital and crowdfunding is analyzed. The results of the study serve as the basis for making strategic decisions aimed at diversifying the economy through the development of innovations in the service sector.