Knowledge-based economic development of Iran: Mitigating sanctions and enhancing national competitiveness
The knowledge economy is an economic system in which the production of goods and services is based principally on knowledge-intensive activities that contribute to advancement in technical and scientific innovation. A knowledge-based economy is a kind of economy without limitations. This study studi...
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Format: | Article |
Language: | English |
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Peoples’ Friendship University of Russia (RUDN University)
2023-12-01
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Series: | RUDN Journal of Economics |
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Online Access: | https://journals.rudn.ru/economics/article/viewFile/37314/22986 |
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author | Ismael Rezaeinejad Sergey N. Lavrov Alexander G. Simonov |
author_facet | Ismael Rezaeinejad Sergey N. Lavrov Alexander G. Simonov |
author_sort | Ismael Rezaeinejad |
collection | DOAJ |
description | The knowledge economy is an economic system in which the production of goods and services is based principally on knowledge-intensive activities that contribute to advancement in technical and scientific innovation. A knowledge-based economy is a kind of economy without limitations. This study studies the prospects of Knowledge Economy in Iran. In recent years, the scope of innovative activity and the necessity of a knowledge economy in Iran has grown. However, this study shows that knowledge development alone is not efficient: it is useful only when knowledge is being generated and applied in a real business environment. Iran would probably benefit as well in the case the expertise of national academia and business community is used more intensively; otherwise, it would grow vulnerable if the foreign innovative technologies were only used. Under the current circumstances, Iran, dealing with ever-expanding sanctions, should be seeking opportunities to commercialize its domestic researches and developments. |
first_indexed | 2024-03-08T15:48:39Z |
format | Article |
id | doaj.art-517f8a46eeb44fecbe7e88e9d3a8a5f0 |
institution | Directory Open Access Journal |
issn | 2313-2329 2408-8986 |
language | English |
last_indexed | 2024-03-08T15:48:39Z |
publishDate | 2023-12-01 |
publisher | Peoples’ Friendship University of Russia (RUDN University) |
record_format | Article |
series | RUDN Journal of Economics |
spelling | doaj.art-517f8a46eeb44fecbe7e88e9d3a8a5f02024-01-09T08:58:38ZengPeoples’ Friendship University of Russia (RUDN University)RUDN Journal of Economics2313-23292408-89862023-12-0131481482910.22363/2313-2329-2023-31-4-814-82921037Knowledge-based economic development of Iran: Mitigating sanctions and enhancing national competitivenessIsmael Rezaeinejad0Sergey N. Lavrov1Alexander G. Simonov2RUDN UniversityRUDN UniversityRUDN UniversityThe knowledge economy is an economic system in which the production of goods and services is based principally on knowledge-intensive activities that contribute to advancement in technical and scientific innovation. A knowledge-based economy is a kind of economy without limitations. This study studies the prospects of Knowledge Economy in Iran. In recent years, the scope of innovative activity and the necessity of a knowledge economy in Iran has grown. However, this study shows that knowledge development alone is not efficient: it is useful only when knowledge is being generated and applied in a real business environment. Iran would probably benefit as well in the case the expertise of national academia and business community is used more intensively; otherwise, it would grow vulnerable if the foreign innovative technologies were only used. Under the current circumstances, Iran, dealing with ever-expanding sanctions, should be seeking opportunities to commercialize its domestic researches and developments.https://journals.rudn.ru/economics/article/viewFile/37314/22986knowledge economyiranworld economysanctionseconomic systemmacroeconomicsnational competitiveness |
spellingShingle | Ismael Rezaeinejad Sergey N. Lavrov Alexander G. Simonov Knowledge-based economic development of Iran: Mitigating sanctions and enhancing national competitiveness RUDN Journal of Economics knowledge economy iran world economy sanctions economic system macroeconomics national competitiveness |
title | Knowledge-based economic development of Iran: Mitigating sanctions and enhancing national competitiveness |
title_full | Knowledge-based economic development of Iran: Mitigating sanctions and enhancing national competitiveness |
title_fullStr | Knowledge-based economic development of Iran: Mitigating sanctions and enhancing national competitiveness |
title_full_unstemmed | Knowledge-based economic development of Iran: Mitigating sanctions and enhancing national competitiveness |
title_short | Knowledge-based economic development of Iran: Mitigating sanctions and enhancing national competitiveness |
title_sort | knowledge based economic development of iran mitigating sanctions and enhancing national competitiveness |
topic | knowledge economy iran world economy sanctions economic system macroeconomics national competitiveness |
url | https://journals.rudn.ru/economics/article/viewFile/37314/22986 |
work_keys_str_mv | AT ismaelrezaeinejad knowledgebasedeconomicdevelopmentofiranmitigatingsanctionsandenhancingnationalcompetitiveness AT sergeynlavrov knowledgebasedeconomicdevelopmentofiranmitigatingsanctionsandenhancingnationalcompetitiveness AT alexandergsimonov knowledgebasedeconomicdevelopmentofiranmitigatingsanctionsandenhancingnationalcompetitiveness |