2692-4048ISSN (Online)
2770-0070ISSN (Print)
Volume 13 , Issue 1 , PP: 175-188, 2023 | Cite this article as | XML | Html | PDF | Full Length Article
Sajad Ali Zearah 1 * , Maryam Ghassan Majeed 2 , Mohammed Brayyich 3 , Nabaa R. Wasmi Zaydan 4 , Aqeel Ali 5 , Marwan Qaid Mohammed6 6 , Venkatesan Rajinikanth 7
Doi: https://doi.org/10.54216/FPA.130114
Expanding the industrial component through investment in R&D is a crucial objective of the region's current industrial strategy. Significant research and investment opportunities must complement the effectiveness of the region's industrial policy. Few studies have attempted to understand the interactions between inter-organizational clusters and the capacity to sustain those clusters; most studies on innovation capacity focus on the business level. This article suggests using the One Belt All Road (OBAR) strategic framework to assess regional industry's cluster innovation capacity (CIC) and international trade and investment. The cluster innovation capability was developed using a theoretical framework through qualitative textual assessment. As a result, information management, diffusion, and acquisition capacity are the three primary abilities that make up the cluster innovation capacity. The degree of investment effort in the region's industrial sectors and the factors influencing corporate innovation have been found to be correlated. The research highlighted obstacles and potential remedies for encouraging creative thinking and financial backing among regional manufacturers. Compared to the current system, the suggested system (OBAR) achieves superior results in accuracy (87.6%), system dependability (94.8%), the F-1 measure (87.1%), and error rate (8.1%).
Cluster Innovation , Overseas Investment , Regional Industry , One Belt All Road , and Industrial Policy.
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