Constructing future capabilities via innovation strategies: oil & gas majors' profiles

This paper describes how the oil & gas majors develop innovation model. New innovation methods are incorporated into strategies and practices. The study focuses on leading oil & gas companies and describes modern approaches to innovation management. The paper shows how the companies involve external and internal groups and resources into creating new values in models, process and products. Four types of structures responsible for generating innovations are identified and presented. The paper argues that, most innovations today require new approaches to internal leadership development, new generation of innovators

Keywords: innovation strategies, corporate strategy, innovation leadership


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