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Problems and Prospects of Innovative Development of Petrochemical Enterprises

Year 2017, Volume: 7 Issue: 3, 321 - 325, 01.09.2017

Abstract

The article reveals that the petrochemical sector of the Russian economy has great potential for development while remaining one of the most underperforming sectors of the domestic economy compared to the world level. Under the current conditions, the most significant task of the state and top management of petrochemical companies is innovative development of oil and gas chemistry with the purpose of improving the competitiveness of domestic products on the world markets. Findings of the analysis of conditions and factors that result in the low level of development of the Russian chemical industry are provided in order to substantiate the possibilities for the further development of petrochemistry. The factors defining the innovative activity of enterprises in the sector are indicated. Perspective tasks and problems that need to be solved to bring petrochemistry in Russia to the innovative path are presented. Sectoral specifics of petrochemical enterprises and their current state are indicated as the main reasons that hamper this process. The need for significant investment for a long period of time makes the companies unattractive to potential investors and necessitates the use of state regulation measures in innovative processes in petrochemistry.

Year 2017, Volume: 7 Issue: 3, 321 - 325, 01.09.2017

Abstract

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Details

Other ID JA52KC75PT
Journal Section Research Article
Authors

Olga Viktorovna Lenkova This is me

Anton Stanislavovich Permyakov This is me

Olga Gennadyevna Yakunina This is me

Marina Vyacheslavovna Vechkasova This is me

Publication Date September 1, 2017
Published in Issue Year 2017 Volume: 7 Issue: 3

Cite

APA Lenkova, O. V., Permyakov, A. S., Yakunina, O. G., Vechkasova, M. V. (2017). Problems and Prospects of Innovative Development of Petrochemical Enterprises. International Journal of Energy Economics and Policy, 7(3), 321-325.
AMA Lenkova OV, Permyakov AS, Yakunina OG, Vechkasova MV. Problems and Prospects of Innovative Development of Petrochemical Enterprises. IJEEP. September 2017;7(3):321-325.
Chicago Lenkova, Olga Viktorovna, Anton Stanislavovich Permyakov, Olga Gennadyevna Yakunina, and Marina Vyacheslavovna Vechkasova. “Problems and Prospects of Innovative Development of Petrochemical Enterprises”. International Journal of Energy Economics and Policy 7, no. 3 (September 2017): 321-25.
EndNote Lenkova OV, Permyakov AS, Yakunina OG, Vechkasova MV (September 1, 2017) Problems and Prospects of Innovative Development of Petrochemical Enterprises. International Journal of Energy Economics and Policy 7 3 321–325.
IEEE O. V. Lenkova, A. S. Permyakov, O. G. Yakunina, and M. V. Vechkasova, “Problems and Prospects of Innovative Development of Petrochemical Enterprises”, IJEEP, vol. 7, no. 3, pp. 321–325, 2017.
ISNAD Lenkova, Olga Viktorovna et al. “Problems and Prospects of Innovative Development of Petrochemical Enterprises”. International Journal of Energy Economics and Policy 7/3 (September 2017), 321-325.
JAMA Lenkova OV, Permyakov AS, Yakunina OG, Vechkasova MV. Problems and Prospects of Innovative Development of Petrochemical Enterprises. IJEEP. 2017;7:321–325.
MLA Lenkova, Olga Viktorovna et al. “Problems and Prospects of Innovative Development of Petrochemical Enterprises”. International Journal of Energy Economics and Policy, vol. 7, no. 3, 2017, pp. 321-5.
Vancouver Lenkova OV, Permyakov AS, Yakunina OG, Vechkasova MV. Problems and Prospects of Innovative Development of Petrochemical Enterprises. IJEEP. 2017;7(3):321-5.