Ranking the Affecting Factors of Industrial Development:Case Study of Lorestan Province

Since the 1990s, the role of institutions and the quality of governance along with social capital has been widely recognized as the factors of development. Therefore, the main purpose of this study is to examine the role and contribution of institutional arrangements and social capital on the development process.So, in this study, the role and importance of these factors is examined along with economical and technical factors in the process of industrial development using the hierarchical analysis approach. The results show that the social capital and institutional quality factors which are included with the headings of policy and political factors, cultural and social factors, and management and human resources factors are respectively calculated with the weight of 0.31, 0.14, 0.11, as the first priority, the third priority and the fourth priority of the barriers to industrial development. The results also show that the financial and technical factors with the weigh of 0.12 and 0.08, respectively, are the second and sixth priorities. The infrastructure deficiency and limitations in access to resources and raw materials, respectively, with a coefficient of 0.1 and 0.05 are the fifth and seventh priorities.