• Mardanova Rano Isakovna Dr. Tashkent Institute of Finance, Department of Economics, Uzbekistan
  • Akramov Azamat Ramziddinovich Researcher, Tashkent Institute of Finance, Department of State Finance, Independent researcher, Uzbekistan
Keywords: contract, innovative products, incentive, procurement, state and municipal procurement, fixed-price contracts, risks, asymmetric information customer's


The state of public procurement as a tool for stimulating innovation is analyzed both in developed countries and in Uzbekistan. It is proposed to conclude that at different stages of placing and executing a government order, there are many risks, especially in countries where there is still a centralized procurement organization. It is necessary to use special methods of placing a state order and establish high qualification requirements both for the customer's personnel and for the specialists involved.


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How to Cite
Mardanova Rano Isakovna, & Akramov Azamat Ramziddinovich. (2021). PUBLIC PROCUREMENT AS A TOOL TO STIMULATE INNOVATION IN UZBEKISTAN ON THE EXAMPLE OF THE EXPERIENCE OF CHINA. International Journal of Innovative Technologies in Economy, (1(33).