Problems of innovative development of oil companies: Actual state, forecast and directions for overcoming the prolonged innovation pause


Matkovskaya Y.S. Vechkinzova E. Petrenko Y. Steblyakova L.
2 February 2021MDPI AG

Energies
2021#14Issue 4

The study of the rates of innovative development of various sectors of the modern economy makes it possible to determine the existence of a scientific and practical problem, eliciting the need for urgent identification of the reasons for non-innovative development of Oil and Gas Companies and development of the directions for innovation development. Based on a number of methods, including methods of graphical analysis, time series forecasting, construction of linear trends, correlation analysis and scenario forecasting, the authors stated the fact of the serious depth of the problem of innovative insufficiency in the oil sector in comparison with other sectors and they built six scenarios for the development of these companies. The applied methods made it possible to not only come to the conclusion that with the current level of investment in R&D in the oil and gas sector, Oil Companies may find themselves in difficult conditions, especially if breakthrough technologies show themselves in the non-hydrocarbon energy of the future, but also made it possible to determine the most important directions for the development of Oil Companies, including the formation and development of the oil and gas industry 4.0, marketing strategic management of the activities of these companies.

Forecasting the Innovation activities , Industry 4.0 , Innovations , Investments in R&D , Oil Companies

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Department of Management and Innovation, Higher School of Management, Financial University under the Government of the Russian Federation, 49 Leningradsky Prospekt, Moscow, 125993, Russian Federation
Department of Business Administration, Higher School of Management, Financial University under the Government of the Russian Federation, 49 Leningradsky Prospekt, Moscow, 125993, Russian Federation
Academic Department of Management and Business Technologies, Faculty of Management, Plekhanov Russian University of Economics, 36 Stremyanny Lane, Moscow, 117997, Russian Federation
Department of Engineering Entrepreneurship and Marketing, Faculty of Engineering Economics and Management, Karaganda State Technical University, Nursultan Nazarbayev Avenue, 56, Karaganda, 100027, Kazakhstan

Department of Management and Innovation
Department of Business Administration
Academic Department of Management and Business Technologies
Department of Engineering Entrepreneurship and Marketing

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