Role of Scientific Research in Improving Operational Performance and Profitability in the Oil Industry

Authors:

DOI: 10.23880/ppej-16000293

Volume 6, Issue 1

Abstract

R & D activity has played an active and rapid role in the prosperity of the developed countries and some developing countries whose economies we have been revitalized to adopt the ideas of knowledge development in their national policy. Scientific research and innovation is a path to economic growth and a driving force in creating competition among the countries’ economies, and in particular in the oil industry. 

Keywords: Oil Industry; Research & Development; Arab countries

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