The expansion of innovative activity on rise of oil production enterprises in Azerbaijan

Huseynov, Arif; Huseynov, E. A.

doi:10.5510/ogp2021si200574

Cited by 2 publications

(3 citation statements)

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“…Now the economic entities freely choose markets and partners and independently bear responsibility for the results of operations. (T. Huseynov, 2010).…”

Section: Analysis Of Theoretical-methodological and Practical Aspects...mentioning

confidence: 99%

“…Foreign partners can withdraw their shares from the country both in cash and in the form of products. 1 The benefit of the host country is that advanced technologies, equipment, modern management practices of foreign countries are imported to the country, products repacing import are produced, and export potential is increased.…”

Section: Analysis Of Theoretical-methodological and Practical Aspects...mentioning

confidence: 99%

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Improvement of the Regulatory Framework of Regulation of Transnational Business in Azerbaijan

Allahverdiyeva¹

2021

TURCOMAT

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Though formation of the transnational business is based on common principles, this process appears in a specific form in various countries. Transnational business is different depending on the structure of the economy, the level of socio-economic development, organizational and management structure, national-ethnic characteristics, and the level of development of the state in various countries. At the same time, creating and justifying the fact that big, fast-growing and concentrated national companies are ranked in the rankings as TNB (transnational business) is one of the issues within the interest of state and economic science. Upon the Contract of the Century signed in September 1994, Azerbaijan has subsequently signed the production sharing agreements (PSAs) on “Garabakh”, “Dan ulduzu” and “Ashrafi” fields. The biggest TNBs, such as BP, Amoko, Penzoil and Unocal, have their share in oil fields from Azerbaijan. Up to 70% of all investments in the Azerbaijani economy are invested in the oil industry, about 80% of which is imposed by the foreign TNBs. This figure indicates that the TNB has a great role in the economy of Azerbaijan. TNB has both positive and negative impacts on the economy of Azerbaijan. As Azerbaijan’s transnational business develops, various problems also arise. For instance, the problems between the TNB and the Azerbaijan Trade Unions Department, the problems between Britis Petrolium and the Azerbaijan Government, etc. The problems they face with the host countries have begun to show itself in Azerbaijan too. Transnational business regulation is a very urgent issue over the world. The scientists have increasingly investigated the legal aspects of the TNB regulation. This article is dedicated to the actions that are being taken and important to be taken to regulate transnational business at the state level in the Republic of Azerbaijan, and the regulation methodology is proposed.

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“…Now the economic entities freely choose markets and partners and independently bear responsibility for the results of operations. (T. Huseynov, 2010).…”

Section: Analysis Of Theoretical-methodological and Practical Aspects...mentioning

confidence: 99%

Section: Analysis Of Theoretical-methodological and Practical Aspects...mentioning

confidence: 99%

Improvement of the Regulatory Framework of Regulation of Transnational Business in Azerbaijan

Allahverdiyeva¹

2021

TURCOMAT

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“…The authors of the article Huseynov and Huseynov [13] evaluate the structure of costs for innovative technologies, the state of operation of oil and gas wells, the implementation of geological and technological works, methods of development, as well as methods of yielding influence and influence on the excess oil production. The authors researched the reserves and ways of their rational use.…”

Section: Figurementioning

confidence: 99%

The Influence of Digitalization on the Innovative Strategy of the Industrial Enterprises Development in the Context of Ensuring Economic Security

Popelo¹,

Shaposhnykov²,

Popelo³

et al. 2023

IJSSE

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The purpose of the article is to study the impact of digitalization on the innovative strategy of the enterprise development in the context of ensuring economic security. Within the article, peculiarities of the digitalization development in Ukraine are examined. The main obstacles that hold back the development of innovative technologies and digital platforms in Ukraine are identified. The problems of the country's industrial development and the difficulties of implementing the principles of the digital economy in the existing conditions are substantiated. It was determined that industrial development of the country is decreasing, which leads to a low level of digitalization and innovative development of industrial productions and reduces their level of economic security and competitiveness. The impact of digitization on the innovative development of industrial enterprises was considered based on the calculation of efficiency indicators of the innovative activity for selected systems of the production process. Based on the calculations made using the correlation-regression analysis, the influence of the selected factors on the resulting indicator was determined. The areas that influence slowing down of the digital development process of industrial enterprises are singled out.

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The expansion of innovative activity on rise of oil production enterprises in Azerbaijan

Cited by 2 publications

References 0 publications

Improvement of the Regulatory Framework of Regulation of Transnational Business in Azerbaijan

Improvement of the Regulatory Framework of Regulation of Transnational Business in Azerbaijan

The Influence of Digitalization on the Innovative Strategy of the Industrial Enterprises Development in the Context of Ensuring Economic Security

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