European Journal of Economics, Finance and Business Development

PRINCIPLES OF BUSINESS MODEL IN INNOVATIVE ENTREPRENEURSHIP AND METHODS OF ITS ORGANIZATION

Rasulova Dilfuza Valievna

Doctor of Economics, Professor Cabinet of Ministers of the Republic of Uzbekistan Higher School of Business and Entrepreneurship

Khudoyberdieva Sadokat Shakirovna

Higher School of Business and Entrepreneurship Magistr

Keywords: entrepreneurship, capital, product, innovation, technology, employment, income

---

Abstract

Entrepreneurship can be defined as the search for new areas of capital allocation, the improvement of production of existing products and the creation of new ones, the development of personal priorities, and the effective use of various opportunities for earning income. At the same time, entrepreneurship is defined as a mandatory use in the production of new products for the market, changing the field of activity or establishing a new enterprise or industry.