Technological sovereignty as a factor of competitiveness of oil and gas companies of the Russian Federation

Aim. To investigate the importance of technological sovereignty for strengthening the competitive positions of Russian oil and gas companies. Objectives. To identify the key factors that determine the level of technological independence of oil and gas companies; to assess how these factors affect their ability to compete successfully at the national and international levels. Methodology. The research uses general scientific methods of analysis and synthesis using a systematic approach. Results. The essence of technological independence as a factor in the development of competitiveness of companies in the oil and gas sector was analyzed. The assumption is formulated that the achievement of technological sovereignty allows companies to mitigate risks arising from external factors, including international sanctions and restrictions on access to advanced foreign technologies. Several strategic initiatives have been proposed to strengthen the technological sovereignty of the domestic oil and gas industry: training of highly qualified personnel, introduction of tax incentives and subsidies from the state for companies, creation of special economic zones or technology parks, protection of intellectual property and support for patent activity. Conclusions . Technological independence is the most effective method in the context of the struggle of Russian industrial companies against external challenges: sanctions and changes in global energy markets. The development of national technologies in the oil and gas sector due to the synergetic effect has a positive impact on strengthening the competitive advantages of Russian national companies in both domestic and international markets. In order to ensure technological sovereignty, special attention should be paid to the development of strategic risk management mechanisms, as well as effective communication models between the state, industry, and science.

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Publication Details

Journal
Economics and Management
Published
2024-10-21
DOI
https://doi.org/10.35854/1998-1627-2024-9-1100-1110
Citations
1
Primary Topic
Global Energy Security and Policy
Type
article
Field-Weighted Citation Impact
0.59
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article

Technological sovereignty as a factor of competitiveness of oil and gas companies of the Russian Federation

Vladimir Borodin, Elena A. Gorbashko
1 citations
Economics and Management
Global Energy Security and Policy
0.59
article

Technological sovereignty as a factor of competitiveness of oil and gas companies of the Russian Federation

Vladimir Borodin, Elena A. Gorbashko
article en
1 citations

Abstract

Aim. To investigate the importance of technological sovereignty for strengthening the competitive positions of Russian oil and gas companies. Objectives. To identify the key factors that determine the level of technological independence of oil and gas companies; to assess how these factors affect their ability to compete successfully at the national and international levels. Methodology. The research uses general scientific methods of analysis and synthesis using a systematic approach. Results. The essence of technological independence as a factor in the development of competitiveness of companies in the oil and gas sector was analyzed. The assumption is formulated that the achievement of technological sovereignty allows companies to mitigate risks arising from external factors, including international sanctions and restrictions on access to advanced foreign technologies. Several strategic initiatives have been proposed to strengthen the technological sovereignty of the domestic oil and gas industry: training of highly qualified personnel, introduction of tax incentives and subsidies from the state for companies, creation of special economic zones or technology parks, protection of intellectual property and support for patent activity. Conclusions . Technological independence is the most effective method in the context of the struggle of Russian industrial companies against external challenges: sanctions and changes in global energy markets. The development of national technologies in the oil and gas sector due to the synergetic effect has a positive impact on strengthening the competitive advantages of Russian national companies in both domestic and international markets. In order to ensure technological sovereignty, special attention should be paid to the development of strategic risk management mechanisms, as well as effective communication models between the state, industry, and science.

Economics and ManagementVol. 30(9)
Saint Petersburg State University of Economics (RU)
Openalex Percentile: Top 24%
Global Energy Security and Policy
0.59
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