ECONOMETRIC ASSESSMENT OF INSTITUTIONAL SUPPORT AND STARTUP COMMERCIALIZATION IN UZBEKISTAN

Authors
  • Rijichenko Oleg Radievich

    Director of the "U-ENTER" Entrepreneurship Innovation Center

    Author

Keywords:
youth entrepreneurship, startup commercialization, digital transformation, institutional support, startup ecosystem, econometric model, Uzbekistan, investment readiness
Abstract

This article develops a more formal econometric and institutional framework for assessing how new support institutions influence youth startup commercialization in Uzbekistan under conditions of digital transformation. The article is based on the analytical logic of the second and third chapters of the dissertation manuscript on the role of new institutions in the development of youth entrepreneurship. The empirical basis consists of comparative evidence from Startup Survey 2024 Uzbekistan and Startup Survey 2026 Uzbekistan, which covered 310 startup projects and 400 startup founders respectively. The analysis shows that the ecosystem is becoming more structured: compact teams, stronger founder involvement, growing trust, increasing venture participation and sectoral diversification indicate gradual maturation. Nevertheless, most projects remain concentrated at the idea and MVP stages, which means that the central development problem is the weak conversion of entrepreneurial intention into first sales, revenue, investment readiness and scalable growth. The article proposes an econometric model in which startup stage or commercialization probability is explained by education, team size, time commitment, digital-sector orientation, regional location, access to finance, mentoring, legal-accounting support and investor trust. The proposed model can be estimated by ordered logit/probit or binary logit/probit methods after microdata coding. The practical contribution of the article is a stage-based institutional support pipeline linking training, incubation, market validation, legal readiness, investor preparation and regional startup infrastructure.

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Published
2026-06-09
Section
Articles
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This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite

ECONOMETRIC ASSESSMENT OF INSTITUTIONAL SUPPORT AND STARTUP COMMERCIALIZATION IN UZBEKISTAN. (2026). Eureka Journal of Business, Economics & Innovation Studies, 2(6), 200-215. https://eurekaoa.com/index.php/6/article/view/1355