Iranian Knowledge-Based Firms’ Exports Increased by 121%

“The number of knowledge-based companies last year reached 9,733, which shows an 18% increase compared to the previous year. The employment rate of knowledge-based companies also reached 409,000 in the previous year which has experienced a 27% increase compared to the year before,” said Mostafa Arab, the managing director of the knowledge-based Arzeshafarin Etemad Credit Assessment company.

He added that the income of knowledge-based companies last year shows an 87% increase compared to the previous year.

“The share of knowledge-based companies in GDP increased by 40% last year compared to the previous year,” Arab said.

An Iranian official said in December that the products made by the Iranian knowledge-based companies accounted for 5% of the country’s exports share in the past Persian calendar year (ended on March 19).

Head of the Trade Promotion Organization of Iran Mohammad Ali Dehqan Dehnavi made the remarks, saying that the products exported by the knowledge-based companies made up of 2.6 percent and 5 percent of the country’s exports share in weight and value, respectively compared to a year earlier.

He added that the exports of non-oil commodities, especially exports relying upon the knowledge-based economy, play an important role in the country’s economic security and development.

In contrast, dependency of exports and economy on the oil sales, semi-finished materials is one of the weak points of the country especially during the sanctions period and international restrictions, Dehqan Dehnavi underlined.

Undoubtedly, at present, the knowledge-based and technological companies are considered as one of the leading components in spurring export of the country, he said.

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