Open AccessA Framework for Knowledge-Based Enterprise Financial Support in Iran
Author(s) -
Mojtaba Valibeigi,
Ahmad Mohammadi,
Mojgan Valibeigi,
Abdolhossein Zameni
Publication year - 2020
Publication title -
global economics science
Language(s) - English
Resource type - Journals
eISSN - 2717-5618
pISSN - 2717-560X
DOI - 10.37256/ges.12202086
Subject(s) - business , unemployment , investment (military) , finance , financial system , economics , economic growth , political science , politics , law
In line with other Iranian protection laws for reducing unemployment and increasing the economic growth, knowledge-based enterprises' protection law faces to serious challenges that causes this law will not reach to its aim. The purpose of the study is to present a framework for financial support of Iranian knowledge-based enterprises based on British Investment Bank. This bank is a conjugation of intergovernmental and financial banking. This type of banking is not a competitor to other financial banks. The main tendency of such a bank is to support small and medium-sized knowledge-based enterprises which are in the early stages of their growth and are not attractive enough for investors. In a supportive environment with the right framework for funding, knowledge-based enterprises can both thrive and grow, and stimulate employment and economic growth.