Possibilities of аssessing cluster potentiаl in regions: Evidence from Uzbekistаn

This article examines the necessity of cluster formation, the implementation of cluster policies, the opportunities and key advantages they offer, and the importance of assessing cluster potential. It outlines directions and essential aspects of evaluating cluster potential in different regions. Moreover, it substantiates that, taking into account the specific conditions of various regions in Uzbekistan, clustering can be carried out based on defined ranges of assessment levels. The study proposes a comprehensive methodology for assessing regional cluster potential using a weighted indicator system encompassing economic, innovation, social, network, and governance dimensions. An empirical study was carried out to explore the potential of the agro-industrial cluster network in Uzbekistan’s Khorezm region, testing the effectiveness of this methodology. The findings provided strong evidence for assessing regional agro-industrial development, confirming its value as a priority area of focus. Based on data from 2022–2024, a composite cluster potential index was calculated at 58.7 points on a 100-point scale. This score suggests that the region holds medium to good development potential. Based on the conclusions drawn, proposals and recommendations for effectively evaluating regional cluster potential have been developed. The findings demonstrate that systematic assessment of cluster potential can serve as a practical tool for regional development planning and investment decision-making in transitional economies.