Innovation science and technologiy Volume 2 Issue 5 (2026)
ECONOMIC MECHANISMS FOR IMPROVING PRODUCTION EFFICIENCY IN INDUSTRIAL ENTERPRISES
M.O. Yo‘ldoshova
Abstract
This article analyzes the main economic mechanisms for improving production efficiency in industrialenterprises. In modern industry, efficiency is determined not only by the acquisition of new equipment or an increasein production volumes, but also by labor productivity, multifactor productivity, energy efficiency, management quality,digital transformation, innovation renewal, and human capital development. Recent materials published by the OECDand UNIDO indicate that productivity growth depends on both the incentives and capabilities of firms and employees,while industry remains an important driver of long-term economic growth. The article substantiates technologicalmodernization, organizational and managerial practices, human capital, energy and resource efficiency, innovation, andinvestment incentives as interconnected economic mechanisms.
production efficiency, industrial enterprise, labor productivity, multifactor productivity, economic mechanism, energy efficiency, innovation, digital transformation, investment, competitiveness.
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