Intellectual Capital as a Key Factor in the Innovative Development of the State

Key Points

• The article aims to explore how intellectual capital influences the innovative development of a country's economy, specifically in Uzbekistan.
• Examined the role of intellectual capital in the context of globalization.
• Analyzed its structure and essence relevant to a knowledge economy.
• Assessed its impact on competitiveness in the economy.
• Identified intellectual capital as crucial for fostering innovation.
• Demonstrated its significant role in the transition to a knowledge-based economy.
• Highlighted the correlation between intellectual capital and economic competitiveness.