Galaxy international interdisciplinary research journal (giirj) issn

 
GALAXY INTERNATIONAL INTERDISCIPLINARY RESEARCH JOURNAL (GIIRJ) 
ISSN (E): 2347-6915 
Vol. 10, Issue 12, Dec. (2022) 
965
All other projects are related to data collection and analysis. This allows us to optimize 
passenger transportation, build smart locomotives, and save time and money. The digital 
railroad is one of the consequences of the emergence of the digital economy, which emerged after 
the fourth information revolution. 
The emergence of the digital economy was based on the scientific views of a number of schools 
and trends in economic theory, namely, marginalism, Keynesianism, and institutionalism. In 
the process of forming the digital economy, such sciences and technologies as economic and 
mathematical modeling, social psychology, information technology, and telecommunication 
technology emerged. That is, it helped spur the emergence of advanced technologies for data 
acquisition, transmission, processing, and storage. 
Academician Saidarror Ghulomov defines "digital economy" as a science that studies human 
economic activity, which involves the widespread introduction of electronic and information and 
communication technologies in the processes of production, distribution, and consumption of 
society's benefits. According to him, the term "digital economy" is used to express two different 
concepts. First, the digital economy is considered a modern stage of development, characterized 
by the priority of creative work and information benefits. Secondly, the digital economy is a 
unique theory, and the object of its study is the information society.
6
In the digital economy, information in digital form is the main element of production in all socio-
economic areas, and the gradual transition to such an economic system will further increase 
the global competitiveness of our country, create new jobs, and enable rapid economic 
growth. creates and ensures national independence. 
In general, we can see digitization as a logical continuation of the knowledge-based economy. 
When innovative economy was formed as an economic science in the late 1920s and early 1930s, 
the economist N. Kondpat'ev stated that the changes taking place in the field of technology have 
a positive effect on economic development. The economist recognized that the innovative "mass" 
has accumulated in the country and that the economic conditions for its closure have been 
created. 
Austrian scientist Y. Schumpeter first defined the essence of "innovation" in economic science 
as follows: "Innovation is a new look, an approach to the existing process, a new production 
related to modern discovery, development, or human activity. apply to the process." 
According to Y. Schumpeter, it is the innovative approach to economic activity that determines 
the level of development of the economic system of each era. In his theory, entrepreneurship is 
considered the fourth factor of production. Also, the task of entrepreneurs is to reform and 
improve production by using inventions to produce new goods or old goods in a new way, opening 
new sources of raw materials and materials or new markets. The scientist predicted that 
innovations and entrepreneurs would make revolutionary changes in the economy. 
In the 1980s, the American economist S. Kuznets introduced the concept of "period innovations" 
into economic science. According to his teaching, the basis for ensuring stable economic growth 
and increasing its level in a certain period of economic development is the implementation of 
period innovations. 
6
C. 
Гулямoв, P. Aюпoв
. Paқaмли иқтиcoдиёт вa унинг acocий pивoжлaниш йўнaлишлapи
. 
Дaвлaт cтaтиcтикa 
қўмитacининг “Ўзбекиcтoн cтaтиcтикa aхбopoтнoмacи” илмий электpoн жуpнaли. 2019 йил, 2-coн. 

---