Page 1 of 8

European Journal of Business &

Social Sciences

Available at https://ejbss.org/

ISSN: 2235-767X

Volume 07 Issue 05

May 2019

Available online:https://ejbss.org/ P a g e | 692

The Role Of Information Technology In The Development Of Subjects Of

Small Business And Entrepreneurship

Nargiza Muzafarovna Babayeva - associate Professor with a PhD of Kokand

state pedagogical institute,

Shahnoza Valiyevna Karshiyeva – teacher of Kokand State Pedagogical

institute,

Husanbek Muzaffarjonugli Begmatov– studentofTashkentinstitute of

architecture and construction

Abstract: The object of the study is information technology and its impact on

the business as a whole. The subject of the study is a set of approaches to doing

business in the sphere of influence of information technologies. Innovation, such as

information technology, is necessary to maintain competitiveness and achieve the

highest levels of performance. The author examines in detail the theoretical

approaches to the transformation of business or business processes of the

organization through the introduction of information technology.

Keywords: information technology, small business, e-business, business

strategy, market, process automation, entrepreneurship

In Uzbekistan, effective measures are being taken to increase the share of small

businesses in the country's economy, their full support and promotion of activities

for the production of competitive products for world markets. More than 60

Decrees and Resolutions of the President of the Republic and normative legal

documents of the government in the sphere of creation and support of the business

Page 2 of 8

European Journal of Business &

Social Sciences

Available at https://ejbss.org/

ISSN: 2235-767X

Volume 07 Issue 05

May 2019

Available online:https://ejbss.org/ P a g e | 693

environment and stimulation of activity of subjects of small business were adopted

in a short time. [5] To date, as a result of the implementation of effective measures

aimed at the formation of the business environment, comprehensive support and

further stimulation of the development of small business and private

entrepreneurship in January-December 2017, 38.2 thousand new subjects of small

enterprises and micro-firms were created (without dehkan and farms, 122 % to the

same period of 2016). The largest number of small businesses was created in the

industries (27 %), trade (21 %), agriculture, forestry, fisheries (13 %) and

construction (10 %). Share of newly established small enterprises and micro-firms

by type of economic activity (January-December 2017) 21 % 27 % 13 % 10 % 29

% industry trade agriculture, forestry and fisheries construction other types. [6].

Figure 1. Share of small enterprises and micro-firms by type of activity (2017)

As of January 1, 2018 in the Republic the number of operating small businesses

(without dehkan and farms) amounted to 229,666 units. Number of subjects of

small enterprises and micro-firms (per 1000 population, units). Per 1000

population on average in the Republic of Uzbekistan on 01.01.2018 there are 12.2

units of small businesses, or 107.0 % to the level of 01.01. 2017. [6]

27%

21%

13%

10%

29%

industry

trade

agriculture, forestry

and fisheries

building

Page 3 of 8

European Journal of Business &

Social Sciences

Available at https://ejbss.org/

ISSN: 2235-767X

Volume 07 Issue 05

May 2019

Available online:https://ejbss.org/ P a g e | 694

Figure 2. Share of small business and private entrepreneurship (%of total, 2017)

Despite the growth of the export potential of business entities, it should be noted

that today there are some shortcomings that affect the expansion of this sphere.

These include problems in improving the regulatory framework and the

widespread use of information technology tools. For the formation of a modern- thinking class of entrepreneurial entities, the production of competitive high- quality goods and its introduction to world markets fully need to accelerate the use

of IT in small enterprises.

In the modern world, the latest computer technologies penetrate deeper into

every sector of the economy and help business run efficiently, and users - to

receive high-quality goods and services.

Their sites are created not just by retailers of retail products, but by far-sighted

business owners, when they translate their product into online stores, promoting

their products and services in a modern way, expanding the geography of sales.

Every day more and more network users are switching to online purchases.

The role that IT plays in an organization largely determines the nature of the

return on investment. As a rule, this is a supporting role, which corresponds to the

traditional approach, when a corporate strategy is formulated somewhere “at the

top” and transferred to the IT department, so that it provides it with appropriate

support. In this case, IT plays the role of a technological substrate that provides

support for operational and control functions. Any organization can take for itself

26

45.3

61.4 66.9

78.2

27

39.6

58.4 65.1

78.3

export industry services building employment