OVERCOMING THE FRAGMENTATION OF INDICATORS IN ASSESSING THE INNOVATION POTENTIAL OF OIL COMPANIES: A PARAMETRIC MODEL

Author(s): Saidbekov Sh.Yu.

Rubric: Management

DOI: 10.21777/2587-554X-2026-3-92-100

Release: 2026-3 (58)

Pages: 92-100

Keywords: innovation potential, parametric model, oil companies, components of innovation potential, analytical indicators, patent activity, innovation maturity, benchmark normalisation, comprehensive assessment

Annotation: The article proposes a parametric model for assessing the innovative potential of oil companies, establishing a consistent relationship between the components of this potential, the nature of the competitive advantages they generate, state parameters, criteria, and measurable analytical indicators. The innovation potential of an oil company is decomposed into seven components grouped into resource, management and performance subsys- tems, and the aggregate assessment is expressed by an integral indicator – the index of innovation potential and innovation maturity. The model encompasses seven components and nine measurable indicators, and the score for each indicator is determined by normalizing its actual value relative to the best value in the sample. The operationalization of the non‑public indicator of research and development expenditures through patent activ- ity has been justified, and the procedure for scoring based on normalization relative to a benchmark has been improved. The model was tested on a sample of twelve Russian oil companies: the values of the integral index covered all four levels of innovation maturity, which confirmed the model’s discriminatory capacity. The results obtained can be used for self-diagnosis of innovation potential and industry monitoring.

Bibliography: Saidbekov Sh.Yu. OVERCOMING THE FRAGMENTATION OF INDICATORS IN ASSESSING THE INNOVATION POTENTIAL OF OIL COMPANIES: A PARAMETRIC MODEL // Economics and Management. – 2026. – № 3 (58). – С. 92-100. doi: 10.21777/2587-554X-2026-3-92-100