A Framework for Knowledge-Based Enterprise Financial Support in Iran

Abstract

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.