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Innovations as a Factor in the Development of the Natural Resources Sector

Author

Listed:
  • V. S. Litvinenko

    (Saint-Petersburg Mining University)

  • I. B. Sergeev

    (Saint-Petersburg Mining University)

Abstract

The article discusses the effects of resource wealth on the economic development of individual countries. It describes modern behavioural strategies used by mining companies, including those taken in response to the emergence of new technologies. It contains an analysis of the main lines of development in the natural resources sector under current conditions. It also discusses opportunities for collaboration between companies operating in the natural resources sectors of Russia and the UK, focusing on those based on digitalization as well as the use of technological and financial innovations.

Suggested Citation

  • V. S. Litvinenko & I. B. Sergeev, 2019. "Innovations as a Factor in the Development of the Natural Resources Sector," Studies on Russian Economic Development, Springer, vol. 30(6), pages 637-645, November.
    • Handle: RePEc:spr:sorede:v:30:y:2019:i:6:d:10.1134_s107570071906011x
    DOI: 10.1134/S107570071906011X
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    2. William F. Maloney & Daniel Lederman, 2008. "In search of the Missing Resource Curse," Economía Journal, The Latin American and Caribbean Economic Association - LACEA, vol. 0(Fall 2008), pages 1-57, August.
    3. V. Polterovich & V. Popov & A. Tonis., 2007. "Mechanisms of Resource Curse and Economic Policy," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 6.
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    Cited by:

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    2. Irina Filatova & Liubov Nikolaichuk & Dokka Zakaev & Igor Ilin, 2021. "Public-Private Partnership as a Tool of Sustainable Development in the Oil-Refining Sector: Russian Case," Sustainability, MDPI, vol. 13(9), pages 1-23, May.
    3. Chien, FengSheng & Chau, Ka Yin & Sadiq, Muhammad & Hsu, Ching-Chi, 2022. "The impact of economic and non-economic determinants on the natural resources commodity prices volatility in China," Resources Policy, Elsevier, vol. 78(C).
    4. Alexey Cherepovitsyn & Olga Evseeva, 2020. "Parameters of Sustainable Development: Case of Arctic Liquefied Natural Gas Projects," Resources, MDPI, vol. 10(1), pages 1-27, December.
    5. Ediriweera, Amali & Wiewiora, Anna, 2021. "Barriers and enablers of technology adoption in the mining industry," Resources Policy, Elsevier, vol. 73(C).
    6. Ilinova, Alina & Dmitrieva, Diana & Kraslawski, Andrzej, 2021. "Influence of COVID-19 pandemic on fertilizer companies: The role of competitive advantages," Resources Policy, Elsevier, vol. 71(C).
    7. Vladimir Litvinenko, 2020. "The Role of Hydrocarbons in the Global Energy Agenda: The Focus on Liquefied Natural Gas," Resources, MDPI, vol. 9(5), pages 1-22, May.

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