[Iran] - Innovation, development environment bringing favorable modification to society

INSUBCONTINENT EXCLUSIVE:
TEHRAN - The nations progressing procedure of development has accelerated with the focus on the development of the innovation and
development ecosystem and the approval of laws for supporting knowledge-based business and increasing Iran-made products.Today, we are
witnessing the positive effects of adopting the method in the economy, culture, and life of people.the Vice Presidency for Science,
Technology, and Knowledge-Based Economy has reported that the sales of knowledge-based companies in the 1400 (March 2021-March 2022) struck
4,000 trillion rials (about $10 billion) compared to the 1399, an increase of 86 percent year on year.Improving the clinical level of
society, achieving high global rankings in the number of scientific short articles, references, and patenting, reducing the illiteracy rate,
and increasing the variety of university courses and students are just a part of the achievements after the triumph of the Islamic
Revolution.Over 8,000 knowledge-based business registeredAccording to the current stats, an overall of 8,046 knowledge-based business are
operating in the country.The variety of knowledge-based business in biotechnology, farming, and food industries is 362, in innovative
pharmaceuticals is 480, in innovative products (chemistry and polymer) is 1130, and in innovative equipment and equipment is 1721
326 companies are operating in the field of medical equipment, 1821 companies in electricity and electronics, 1778 companies in info
technology, 397 companies in commercialization, and 31 companies in imaginative markets and humanities.Knowledge-based production, a
priorityIn line with the law enforced on May 24, 2022, knowledge-based production is a concern of the federal government so the plan for
promoting knowledge-based products has progressed well so far.Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei designated the
existing Iranian calendar year, which began on March 21, 2022, as the year of Production: Knowledge-Based and Job-Creating
Over the previous couple of years, the concept of a knowledge-based business has actually altered to a knowledge-based society, implying
that supporting knowledge-based business will lead to many social and economic benefits for the public.The Leader reemphasized the value of
increasing domestic production, as he had carried out in past years, saying the factor he put so much emphasis on production was since it
enhances financial development, it produces employment, it lowers inflation, it increases per capita earnings and it enhances public
well-being
To this end, the Vice Presidency for Science and Technology has performed and supported numerous jobs toward the goal of improving
knowledge-based production.Moreover, the advancement of a development community is on the program, according to which 65 homes of
development have been established across the country.The Innovation and Prosperity Fund has paid a total of 240 trillion rials (almost $960
million) to support knowledge-based business over the last [Iranian calendar] year (March 2021-March 2022)
Exporting technological items of Iranian knowledge-based companies is among the essential and crucial programs of the vice presidency for
science and technology, and in this regard, the Iranian houses of development have been established in several nations to develop the
international market for knowledge-based items