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  4. A Framework Based on One Belt, All Road Strategy to Evaluate Regional Industry's Cluster Innovation Capacity
 
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2023
Journal Article
Title

A Framework Based on One Belt, All Road Strategy to Evaluate Regional Industry's Cluster Innovation Capacity

Abstract
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%).
Author(s)
Zearah, Sajad Ali
Al-Ayen Iraqi University, AUIQ
Majeed, Maryam Ghassan
Al-Kunooze University College
Brayyich, Mohammed
University of Science and Technology
Wasmi Zaydan, Nabaa Rabea
Al-Turath University
Ali, Aqeel
Al-Farahidi University
Mohammed, Marwan Qaid
Fraunhofer-Institut für Verkehrs- und Infrastruktursysteme IVI  
Venkatesan, Rajinikanth
Saveetha School of Engineering
Journal
Fusion Practice and Applications
DOI
10.54216/FPA.130114
Language
English
Fraunhofer-Institut für Verkehrs- und Infrastruktursysteme IVI  
Keyword(s)
  • Cluster Innovation

  • Industrial Policy

  • One Belt All Road

  • Overseas Investment

  • Regional Industry

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