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Article

Authors: A.N. Tokarev

Title of the article: The necessity of service sector’s integration into the innovative systems of resource regions

Year: 2017, Issue: 3, Pages: 46-51

Branch of knowledge: Economics and innovation management

Index UDK: 338.1

DOI: 10.26730/2587-5574-2017-3-46-51

Abstract: The increasing role of service sector in modern conditions is due to the fact that oil and gas companies have become a system integrator, focusing their activity on accessing to subsoil plots, providing financing and organizing of production processes. At the same time, the main part of the exploration and development of the fields is performed by third-party service companies. This transformation is caused, among the others, by an increase in the technological complexity of hydrocarbon production processes. It is proved that the service sector is the most important element of innovative systems for resource (primarily oil and gas) regions. It is shown that it is largely a leader and a link in generation, integration and use in practice of local and global knowledge applying to the exploration and production of hydrocarbon raw materials. Its integration into innovative systems is one of the most important tasks for the authorities of resource regions.

Key words: service sector oil and gas industry innovative system region

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