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Methodology for Determining the Role of Family Business in the Economy

Received: 26 August 2021    Accepted: 29 October 2021    Published: 24 November 2021
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Abstract

The purpose of the article is to show the directions of development of the regions of the Republic of Uzbekistan by studying the methodological issues of assessing the role of family business in the service sector. A system of indicators to assess the role of family business in the development of the national economy, especially in the service sector, has also been developed. Using this methodology and on the basis of statistics from the Ministry of Mahalla and Family Support of the Republic of Uzbekistan and the State Statistics Committee, a rating of 17 regions of Samarkand region was formed. According to the results of the rating, the regions are characterized by the development of the service sector. This rating was based on the calculation of the integral index "Development of family entrepreneurship in the service sector", which is a set of various indicators that record the actual state of certain aspects of regional development. When compiling the rating, the set of indicators used was optimized and the method for calculating the integral index was improved. The results confirm that the role of family business in the development of the service sector is important. This is due to the fact that in areas where there are many family businesses, there is a growing trend in the service sector. Thus, it was concluded that there is a direct link between the development of family business and the growth of the service sector. The proposals developed on the basis of these findings were submitted to the Samarkand Regional Department of Economic Development and Poverty Reduction and the Center for Family Entrepreneurship Support.

Published in European Business & Management (Volume 7, Issue 6)
DOI 10.11648/j.ebm.20210706.16
Page(s) 199-205
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Sphere of Service, Family Business, Development of Regions, Level of Development of Family Business, Index of Development of Family Business, Category of Regions, Rating of Regions

References
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  • APA Style

    Shadieva Gulnora Mardievna, Kuvandikov Shuhrat Oblokulovich. (2021). Methodology for Determining the Role of Family Business in the Economy. European Business & Management, 7(6), 199-205. https://doi.org/10.11648/j.ebm.20210706.16

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    ACS Style

    Shadieva Gulnora Mardievna; Kuvandikov Shuhrat Oblokulovich. Methodology for Determining the Role of Family Business in the Economy. Eur. Bus. Manag. 2021, 7(6), 199-205. doi: 10.11648/j.ebm.20210706.16

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    AMA Style

    Shadieva Gulnora Mardievna, Kuvandikov Shuhrat Oblokulovich. Methodology for Determining the Role of Family Business in the Economy. Eur Bus Manag. 2021;7(6):199-205. doi: 10.11648/j.ebm.20210706.16

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  • @article{10.11648/j.ebm.20210706.16,
      author = {Shadieva Gulnora Mardievna and Kuvandikov Shuhrat Oblokulovich},
      title = {Methodology for Determining the Role of Family Business in the Economy},
      journal = {European Business & Management},
      volume = {7},
      number = {6},
      pages = {199-205},
      doi = {10.11648/j.ebm.20210706.16},
      url = {https://doi.org/10.11648/j.ebm.20210706.16},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ebm.20210706.16},
      abstract = {The purpose of the article is to show the directions of development of the regions of the Republic of Uzbekistan by studying the methodological issues of assessing the role of family business in the service sector. A system of indicators to assess the role of family business in the development of the national economy, especially in the service sector, has also been developed. Using this methodology and on the basis of statistics from the Ministry of Mahalla and Family Support of the Republic of Uzbekistan and the State Statistics Committee, a rating of 17 regions of Samarkand region was formed. According to the results of the rating, the regions are characterized by the development of the service sector. This rating was based on the calculation of the integral index "Development of family entrepreneurship in the service sector", which is a set of various indicators that record the actual state of certain aspects of regional development. When compiling the rating, the set of indicators used was optimized and the method for calculating the integral index was improved. The results confirm that the role of family business in the development of the service sector is important. This is due to the fact that in areas where there are many family businesses, there is a growing trend in the service sector. Thus, it was concluded that there is a direct link between the development of family business and the growth of the service sector. The proposals developed on the basis of these findings were submitted to the Samarkand Regional Department of Economic Development and Poverty Reduction and the Center for Family Entrepreneurship Support.},
     year = {2021}
    }
    

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  • TY  - JOUR
    T1  - Methodology for Determining the Role of Family Business in the Economy
    AU  - Shadieva Gulnora Mardievna
    AU  - Kuvandikov Shuhrat Oblokulovich
    Y1  - 2021/11/24
    PY  - 2021
    N1  - https://doi.org/10.11648/j.ebm.20210706.16
    DO  - 10.11648/j.ebm.20210706.16
    T2  - European Business & Management
    JF  - European Business & Management
    JO  - European Business & Management
    SP  - 199
    EP  - 205
    PB  - Science Publishing Group
    SN  - 2575-5811
    UR  - https://doi.org/10.11648/j.ebm.20210706.16
    AB  - The purpose of the article is to show the directions of development of the regions of the Republic of Uzbekistan by studying the methodological issues of assessing the role of family business in the service sector. A system of indicators to assess the role of family business in the development of the national economy, especially in the service sector, has also been developed. Using this methodology and on the basis of statistics from the Ministry of Mahalla and Family Support of the Republic of Uzbekistan and the State Statistics Committee, a rating of 17 regions of Samarkand region was formed. According to the results of the rating, the regions are characterized by the development of the service sector. This rating was based on the calculation of the integral index "Development of family entrepreneurship in the service sector", which is a set of various indicators that record the actual state of certain aspects of regional development. When compiling the rating, the set of indicators used was optimized and the method for calculating the integral index was improved. The results confirm that the role of family business in the development of the service sector is important. This is due to the fact that in areas where there are many family businesses, there is a growing trend in the service sector. Thus, it was concluded that there is a direct link between the development of family business and the growth of the service sector. The proposals developed on the basis of these findings were submitted to the Samarkand Regional Department of Economic Development and Poverty Reduction and the Center for Family Entrepreneurship Support.
    VL  - 7
    IS  - 6
    ER  - 

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Author Information
  • Department of Economics, Samarkand Institute of Economics and Service, Samarkand, Republic of Uzbekistan

  • Department of Economics, Samarkand Institute of Economics and Service, Samarkand, Republic of Uzbekistan

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