Comparative Analysis of High Tech Innovation Strategies in Leading Asian Economies and Implications for Uzbekistan

Malikha AZIZOVA *

National University of Uzbekistan named after Mirzo Ulugbek, Tashkent, Uzbekistan.

Ravshan ALIMOV

National University of Uzbekistan named after Mirzo Ulugbek, Tashkent, Uzbekistan.

*Author to whom correspondence should be addressed.


Abstract

High-technology innovation has become a critical driver of economic growth and national competitiveness in the modern global economy. Knowledge-intensive high-tech sectors — ranging from information and communication technology (ICT) and biotechnology to microelectronics and renewable energy — are characterised by high R&D investment, significant value addition, and strong productivity. This paper presents a comparative analysis of high-tech innovation strategies in China, South Korea, and India, with the aim of deriving actionable insights for Uzbekistan's innovation policy. The study emphasises the growing importance of science-intensive, high-tech sectors — such as information technology, biotechnology, artificial intelligence, and clean energy — in driving sustainable economic growth and enhancing global competitiveness. The study aims to compare high-tech innovation strategies in leading Asian economies and implications for Uzbekistan. Using a qualitative case study method based on secondary sources, the paper identifies key policy instruments, institutional frameworks, and investment priorities that have enabled these Asian economies to achieve technological transformation. China's state-led industrial planning, South Korea’s chaebol-driven innovation ecosystem, and India’s startup-focused digital strategy are examined in depth. While each model reflects a distinct path shaped by historical and institutional contexts, they share common pillars: strategic government intervention, investment in R&D and human capital, and integration into global value chains. For Uzbekistan, the analysis highlights the critical need to increase R&D spending, strengthen innovation governance, promote high-tech entrepreneurship, and develop targeted sectors such as ICT, agri-tech, and renewable energy. The findings suggest that tailored adaptation of proven policy tools — rather than direct imitation — can accelerate Uzbekistan’s transition toward a knowledge-based economy. Comparative analysis of the high-tech innovation strategies of China, South Korea, and India yields several key findings that carry important implications for Uzbekistan’s innovation policy.

Keywords: High-tech innovation, R&D policy, industrial strategy, Uzbekistan, China, South Korea


How to Cite

AZIZOVA, Malikha, and Ravshan ALIMOV. 2025. “Comparative Analysis of High Tech Innovation Strategies in Leading Asian Economies and Implications for Uzbekistan”. Asian Journal of Economics, Business and Accounting 25 (6):440-48. https://doi.org/10.9734/ajeba/2025/v25i61864.

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