Innovation science and technologiy Volume 2 Issue 3 (2026)
AN ENHANCED FINANCING MODEL FOR STARTUP PROJECTS IN HIGHER EDUCATION INSTITUTIONS OF UZBEKISTAN
Kasimova, Nargiza
Abstract
The purpose of this article is to develop scientifically grounded proposals for improving the financing model ofstartup projects in higher education institutions of Uzbekistan. Within the framework of the study, regression analysis wasapplied to quantitatively assess the effectiveness of innovation financing in Central Asian countries during 2024–2026.Based on the empirical results, an enhanced financing model for university startup projects in Uzbekistan was developed.The scientific novelty of the proposed model lies in substantiating the priority allocation of financial resources to universitybasedstartup projects compared to other innovation initiatives within the national innovation system. The study providespractical recommendations aimed at increasing the efficiency of university startup financing by 2028.The proposed model is designed to accelerate the diffusion of innovation, expand research-oriented employment, andsupport the gradual shift of national exports toward high-technology sectors, while ensuring more efficient utilization ofresearch and development (R&D) expenditures.
innovation financing, startup projects, university startups, higher education innovation, innovation economy, economy of Uzbekistan.
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