Fuzzy Cognitive Map Model for Analyzing Factors Influencing the Performance of Business Cluster Development Initiatives

The business cluster development model is a new method that has been used in the last two decades to develop and empower small and medium enterprises. Many countries, both developed and developing, have taken advantage of this development model to achieve regional development goals and improve the quality and quantity of their advantageous businesses located in a geographical area. In this research, the factors influencing the performance of business cluster development in Iran have been investigated using theme analysis and fuzzy cognitive map techniques. The data was collected using open interview tools and questionnaires. The present research encompasses the period from 2018 to 2021 and focuses on Iran, specifically examining all provinces where business cluster development plans have been enacted. Based on the model obtained from the fuzzy cognitive map method, the most important factor that affects the performance of business cluster development initiatives is financing of the plans and projects. On the other hand, the most crucial factor for effectiveness is the augmentation of collaborative efforts. Finally, based on the identification of the most important affected and influencing factors, backward and forward scenarios related to the performance of business cluster development plans were examined.