Theoretical foundations for developing a multifactor model of competitiveness in oil and gas industry enterprises

Abstract

Importance: in the context of the global energy transformation and increasing geopolitical instability, the study of factors determining the competitiveness of oil and gas sector enterprises is becoming particularly important. The complex, multi-level nature of these factors requires a systematic approach to their identification and classification. Purpose: the purpose of the study is to systematize theoretical prerequisites and factors affecting the formation of competitiveness of oil and gas sector enterprises, followed by the construction of a multifactor model. Research design: the study employs methods of theoretical analysis, systematization, and comparative synthesis of scientific approaches by classical and modern researchers (A. Smith, K. Marx, J. Schumpeter, M. Porter, J. Barney, A. Yu. Yudanov, E. G. Yasin). Based on the synthesis of classical and institutional concepts, an original three-tier model is proposed, comprising macro-, meso- , and micro-level factors of competitiveness. Results: it is established that the competitiveness of oil and gas enterprises is shaped by a combination of geopolitical, institutional, industry-specific, resource-based, and internal organizational and technological factors. The developed model reflects the systemic interaction of a company’s external and internal environment and can serve as a methodological basis for subsequent empirical research and for developing strategies to enhance the resilience and efficiency of oil and gas companies.