Features of innovative product development by science-intensive businesses in the present economic


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features-of-innovative-product-development-by-science-intensive-businesses-in-the-present-economic-conditions

VI. 
RESULT AND DISCUSSION 
Labor productivity has been increasing, the structure and competitiveness of 
production has been improving being increasingly in line with market requirements. 


Oriental Renaissance: Innovative, 
educational, natural and social sciences 
 
VOLUME 1 | ISSUE 7 
ISSN 2181-1784 
Scientific Journal Impact Factor SJIF 2021: 5.423 
355 
w
www.oriens.uz
August 
2021
 
The potential is utilized more and more efficiently due to many factors, the main of 
which are as follows: 
• Concentration of financial and material resources in the most critical or 
profitable areas; 
• Increase of funding and material resources, hence, increase of the scale of 
investment projects; 
• Increased mobility of use of all types of resources; 
• Mitigation of technical and investment risks. 
Concentration of high technologies and highly qualified human resources at the 
leading HTC enterprises is one of the important factors ensuring the strong 
development of scientific schools and the development of world class high-tech 
products. [2] 
The modernization of knowledge-intensive industries has set out a number of 
tasks to the management of such enterprises, which tasks are the core of the 
implementation of the human resource management policy. Among them are: 
• Definitive training of young specialists as an element of human resources 
recruitment; 
• Economic incentive tool improvement; 
• Introduction of the fundamentals of the contract system
• Assignment of responsibilities to managers for ensuring contract volumes, 
payroll and product quality; 
• Improvement of the employee social security system; 
• Provision of resources to human resource management policies. 
Practical experience has shown that a comprehensive approach to the motivation 
policy at a knowledge-intensive enterprise enables to achieve high performances in 
the professional growth of employees, real income increase, ensuring occupational 
safety and social guarantees. For this purpose, the following tasks have been set and 
accomplished: 
- Wage growth supported by the stable growth of the economic position of the 
enterprise; 
- Differentiated individual salaries based on results (fixed salary + bonus + 
personal allowance); 
- Reasonable preservation of some social and cultural facilities (health care 
center, children’s camp, recreation center, sports complex); 
- Partial compensation for the cost of the purchased housing. 



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