Spatial Dynamics of the Oil and Gas Field Services Sector: Global Trends and Lessons for Russia
It is shown that the global spatial organization of the oil and gas field services sector depends largely
on the characteristics of assets available in the mineral resources sector and that Russian service companies
still remain players in the regional league. Our analysis reveals the key role of oilfield service companies in the
innovative processes in the oil and gas industry. Science-intensive services can significantly reduce the unit
costs of reserves increment and production costs. Endogenous, network, and exogenous models are used to
summarize the formation and development processes for the oil and gas component of regional innovation
systems. It is shown that resource regions cannot follow a single model of innovative development targeting
the needs of the oil and gas industry. These models should take into account a wide range of regional features.
The results demonstrate the need to strengthen the role of resource regions in regulating the oil and gas field
services sector and innovative processes in the oil and gas industry. The focus is on developing a methodology
for studying innovative processes within regional socioeconomic systems and on providing practical recommendations.
Articles published in the colection were presented at an international scientific conference (name and specified on the cover). The texts contain the results of scientific work of autors in the field of science which is indicated on the cover/
Proceedings of the 8th IEEE Conference on Standardisation and Innovation in Information Technology (SIIT)
UK corporate tax reform, corporate tax in Russia and tax relief system were considered and described in the article. Also it was made an attempt to apply UK experience of innovative activity encouragement through corporate tax regulation to Russian economy.
We consider the realization of the development strategy for the university in the context of global, national and regional trends. We show how the implementation of innovative forms of educational process and research work of teachers and students, co-operation with key partners are able to turn a new school in a leading regional university of socio-economic profile.
The paper examines the structure, governance, and balance sheets of state-controlled banks in Russia, which accounted for over 55 percent of the total assets in the country's banking system in early 2012. The author offers a credible estimate of the size of the country's state banking sector by including banks that are indirectly owned by public organizations. Contrary to some predictions based on the theoretical literature on economic transition, he explains the relatively high profitability and efficiency of Russian state-controlled banks by pointing to their competitive position in such functions as acquisition and disposal of assets on behalf of the government. Also suggested in the paper is a different way of looking at market concentration in Russia (by consolidating the market shares of core state-controlled banks), which produces a picture of a more concentrated market than officially reported. Lastly, one of the author's interesting conclusions is that China provides a better benchmark than the formerly centrally planned economies of Central and Eastern Europe by which to assess the viability of state ownership of banks in Russia and to evaluate the country's banking sector.
The paper examines the principles for the supervision of financial conglomerates proposed by BCBS in the consultative document published in December 2011. Moreover, the article proposes a number of suggestions worked out by the authors within the HSE research team.