Designing A Model to Promote the Establishment of Investment Funds from The Contributions of Foreign Investors to Achieve Sustainable Development in The Kurdistan Region of Iraq

Abstract

Attracting foreign investors in the Kurdistan Region of Iraq with its turbulent history requires implementing innovative strategies and systems that not only increase investors trust, but also support the region's goals for long-term growth. Based on this, the current research has been done with a practical approach with the aim of designing a Model to Promote the Establishment of Investment Funds from The Contributions of Foreign Investors to Achieve Sustainable Development in The Kurdistan Region of Iraq. This research has been conducted in a mixed method (qualitative and quantitative). Based on this, at first, a semi-structured interview protocol was prepared, and then 14 participants were selected from among theoretical and experimental experts using the "snowball" sampling method until the saturation point. The researchers through the analysis of the interviews conducted with the help of grounded theory strategy (open, axial and selective coding) and data analysis with the help of MAXQDA software, have identified six main factors affecting the participation of foreign investors in Establishment Of Investment Funds and sustainable development, including Designing Marketing Model, Engagement, Promotion, Macro factors, Foreign Investors Contributions in Investment Funds and Sustainable Development and thirty-one sub-dimensions.. The statistical sample of the research in the quantitative part is made up of 384 personnel employed by the Board of investment in the Kurdistan Region of Iraq. Partial least squares (PLS) were also used to analyze the data in the quantitative part. Analyzing data of the quantitative part after applying the grounded theory with the help of ISM method led to the presentation of the final model. Also, the findings of the quantitative part of the research confirm all the hypotheses .