Development of investment attractiveness of the innovative industrial center of the oil and gas region in the nationally oriented economy

The economic and theoretical discourse on the trends and prospects of the rent-raw materials model of regional development through the prism of venture investment and technological entrepreneurship allows us to formulate a scientifically grounded economic assessment of the structure of the investment climate of the oil and gas region. The purpose of the study is to identify various aspects of the problem of investing in the fixed capital of the oil and gas region in order to find ways, forms and methods of developing the investment attractiveness of its scientific, technological, innovative, industrial and financial center and assessing the possibilities of transition to new technological structures in the context of financial embargo and transformation of the global energy balance. The scientific novelty of the study lies in the fact that, based on the analysis of investments in the fixed capital of the oil and gas region, an equilibrium cyclical model for the development of the investment attractiveness of its administrative and economic center, which owns the majority of the entire scientific, technological, innovative, industrial and financial wealth of the region, has been developed. The study uses methods of regression analysis of the structure and dynamics of investment in fixed assets of organizations in the oil and gas regions of the Volga Federal District and constructs polynomial trend lines up to 2030, the choice of which in all cases is due to the highest reliability of approximation, taking into account the high volatility of oil and gas quotes throughout the observed period. The result of the study was the development of an equilibrium cyclical model for the development of investment attractiveness of the scientific, technological, innovative, industrial and financial center of the oil and gas region in the nationally oriented economy. The practical significance of the results of the study is determined by the possibilities of their application in the real sector of the economy of the oil and gas region, consisting in attracting investments in the main production assets of the urban agglomeration, as a pole of regional economic growth, and ensuring a balance of technological and reproductive innovative investments for the growth of capital productivity of the regional fixed capital. Such a mechanism for the development and maintenance of a favorable investment climate in the urban agglomeration has broad application potential in the context of improving strategies for the commercialization of innovations in the direction of new technological paradigms, forming regional and interregional innovation markets as an important factor in national economic security under Western sanctions.