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Reforms in the modernization of production in our country require not only the modernization of technologies and technological processes used in enterprises, but also an innovative approach to management and accounting. In this context, it is extremely important to study some aspects that are used in assessing products produced by an enterprise.

The diagram below shows the dynamics of enterprises and organizations producing innovative goods, works and services on own account in recent years.

Figure 1

Number of enterprises and organizations producing innovative goods, works and services (2010-2016)

The number of enterprises and organizations producing innovative goods, works and services grew up 8 times from 2010 to 2016 from 289 to 2374 units. Enterprises that first mastered the production of innovative products, works and services increased by 696 units.

Figure 2

Dynamics of output and costs for innovative goods, works and services (2010-2016)

The volume of innovative goods, works and services in 2016 amounted to 10688.2 billion soums. This figure is 1.3 times more than in 2015 and 8 times as much as in 2008. The cost for innovations grew up 5 times compared to 2008, down 53 percent compared to 2015.

Figure 3

Volume of innovative products, works and services produced in 2016
(VAT and excluding tax)

In the context of territories in 2016, the share of innovative products, works and services in the city of Tashkent was 48 percent, the Republic of Karakalpakstan - 18.3 percent, Tashkent region - 9.3 percent and the Andizhan region - 8.3 percent, the rest regions - 16,1 percent.

Table 1

Costs of technological, marketing and organizational innovations by sources of financing, billion soums (2010-2016)

 

2010

2011

2012

2013

2014

2015

2016

               

Costs of technological, marketing and organizational innovations

264,4

372,6

311,9

4634,2

3757,4

5528,3

2571,4

of which by sources of financing:

             

organization's own funds

184,3

263,2

213,4

2501,5

1381,5

1251,8

1180,0

foreign investments

48,3

24,9

39,9

1228,7

32,3

156,6

314,9

commercial bank credits

30,0

63,7

26,8

533,5

262,5

280,1

157,3

other funds

1,8

20,9

31,7

370,6

2081,0

3839,7

919,1

 

In 2010, innovations were financed mainly at the expense of the organization's own funds (69.7 percent). Since 2014, the share of other funds has increased (55.4 percent). In 2016, financing at the expense of the organization's own funds increased 6.4-fold compared with 2010.

Figure 4

Costs of technological, marketing and organizational innovations by sources of financing in 2016

In 2016, costs of technological, marketing and organizational innovations were financed at the expense of own funds - 45.9 percent (1180.0 billion soums), foreign capital - 12.2 percent (314.9 billion soums), commercial bank credits - 6.1 percent (157.3 billion soums) and other funds - 35.7 percent (919.1 billion soums).

 

Total

Of which developed:

on own account of organization

with other organizations

of which:

by another organizations

with research institutions

with higher educational institutions

Technological innovations

1816

1523

117

41

5

176

of which:

           

product innovations

1118

973

73

15

4

72

process innovations

698

550

44

26

1

104

Marketing innovations

51

39

-

-

-

12

Organizational innovations

39

29

-

-

-

10

 

In 2016, 893 enterprises and organizations implemented 1816 types of technological innovation. Out of the implemented technological innovations 44 percent (799) belong to small enterprises and microfirms.

Figure 5

Number of organizations implementing innovations and number of innovations. (2016)

In 2016, each innovation-active organization introduced an average of 2 innovations. In particular, each innovative-active organization implemented 3 innovations in Andizhan region, Fergana region and in the city of Tashkent, an average of 2 innovations in Bukhara, Kashkadarya, Navoi, Samarkand, Syrdarya and Tashkent regions, an average of 1 innovation in the Republic of Karakalpakstan, Djizhak, Namangan, Surkhandarya and Khorezm regions.

Figure 6

Volume of production of innovative goods, works, services by time of innovation introduction

Innovations introduced in 2016 accounted for 20.8 percent (2221.5 billion soums) of the total volume of innovative products, works and services. This figure is 80 percent (709 billion soums) in Andizhan region and 54.5 percent (42.1 billion soums) in Bukhara region. In the Republic of Karakalpakstan and the Syrdarya region the most part of innovative products (97.0 percent and 76.4 percent respectively) falls on innovations implemented in 2014-2015.

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