On the role of small oil companies in the development of the region’s economy
Issues of regional economic development are aimed at a stable socio-economic state of the systems. The issue of ensuring the region’s budget is particularly relevant. Undoubtedly, this ensuring is due to large industrial and economic enterprises and complexes, the emergence of system-forming, city-forming enterprises, but we should not exclude small businesses. Of course, its impact on the budget has significantly decreased during the so-called global shut-down caused by the pandemic. The services sector, tourism, etc. was primarily affected. This article analyzes the activities of small oil companies as an alternative form of employment in the oil-producing sector of the region, as well as as the core of the formation of business net-works in the oil cluster of the Republic of Tatarstan. The author conducted a study of network interaction between business structures and a large industrial and economic complex within the industry cluster formations of the region. In addition, it is necessary to consider small oil companies as entrepreneurial structures, since they are endowed with the mobility, in contrast to vertically integrated structures, provide adaptability to external changes and to the institu-tional environment by reducing time and information gaps. Moreover, small oil companies combined with a large production complex allow us to monitor the implementation of the netvization potential by taking into account the entire set of endogenous and exogenous fac-tors, information sources and technologies for the formation of information and industry net-works, which as a result leads to a synergistic effect.
Keywords: small oil companies, region, network, business structure, small business, re-gional economy.
Highlights:
the analysis of the development of small oil companies in Russia is carried out;
trends in the development of small oil companies in the regional aspect are identified;
there are three components that determine the effectiveness of the formation of a small oil companies network and large industrial enterprises of the region.
Rustem N. Khusnutdinov, Candidate of Marketing Department of Kazan (Volga region) Fed-eral University.