Abstract

In a market economy, it is clear that all developed countries are achieving their high level of development as a result of scientific and technological achievements in science and technology and their widespread implementation, especially in the effective implementation of production. Today, the Republic of Uzbekistan also conducts research in various areas of modern science. The activities of scientific communities are aimed at addressing the priorities of the development of the economy of the republic and its real sector. The formation of an effective innovation system through the extensive use of existing scientific potential is one of the first tasks in the framework of the ongoing reforms. The participation of the state in creating conditions for the support and encouragement of innovative activities of business entities on the implementation of scientific results plays a special role in this. This article describes the role of private entrepreneurship in the digitalization of the economy in our country, its specifics, prospects for sustainable and innovative development of private entrepreneurship.