This website uses cookies to ensure you have the best experience. Learn more

Iran Law Of Supporting Knowledge Based Firms And Commercialization

2607 words - 11 pages

The law of Supporting Knowledge-Based firms and Commercialization

The present report tries to provide a summary of the mentioned law. The law was approved by parliament in November 2010. Important events related to knowledge-based firms law are summarized as table below:
Activity | Date |
Preparing the bill of law in vice presidency for science and technology | January, 2008 |
Approval of the law in parliament | November, 2010 |
Approval of the "Implementing Regulations" by the government | November , 2012 |
Launch of qualification system of knowledge-based firms and enrolling applicants | March, 2013 |
Announcement of tax exemption of firms located in the science and ...view middle of the document...

Supreme Council of Science, Research and Technology (that will be called SCSRT for the rest of the report) is responsible for overseeing and implementing the law.
Article 3. Support and facilitate grants to firms including:
* Exemption from taxes, duties, , and export duties for and interval of fifteen years.
* Providing all or part of the production cost, supply or use of innovation and technology by granting low-interest long-term or short-term loans.
* Prioritizing the establishment of research, engineering and production units of knowledge based firms in the science and technology parks, incubators and science and technology districts.
* Prioritizing the cession of public research institutions shares based on Principle 44 of the constitution law to knowledge based firms.
* Providing insurance to reduce risks associated with innovative and technological products in all stages of production, supply and use.
Article 5. In order to assist the commercialization of innovations,inventions and also applying know-how knowledge by providing financial services to knowledge based firms, the Innovation and Prosperity Fund (IPF) was established in 2011. It`s financial resources include state aid, credits allocated to the fund in government annual budget, investment of persons and public companies and institutions, NGOs,municipalities and commercial banks. The government should allocte at least a half percent of it`s public budget to IPF anually, after absorbing the seed capital in three years.
The initial capital of IPF is $853 million that will be provided by National Development Fund or foreign currency reserve accounts within 3 years.
Article 7. All of the executive organizations related to law are obligated to evaluate applicants' requests and turn in the results within a month.
Article 9. In order to establish and develop knowledge-based firms and strengthen their international cooperation, they can use free zones benefits, like tax exemptions ,duties of foreign investments and international financial transactions.
Article 11. All firms should use provided supports for specified goals of the law, otherwise, they will be punished by deprivation of supports and facilities and also they will be fined.

The constitution of Innovation and Prosperity Fund

According to “The Support of knowledge-based firms the commercialization of innovations and inventions" law, Innovation and Prosperity Fund (IPF) was established in 2011. in order to assist the commercialization of innovations and inventions And also make the technical and knowledge prosperous and applicable by providing financial services to knowledge-based firms.
The main purposes of establishing IPF
• Assisting the implementation and development of knowledge-based economy
•Completing the “ideas to the market” chain
•Commercialization of innovations, inventions and research results
• Making the knowledge applicable through the provision of assistance...

Other Papers Like Iran Law Of Supporting Knowledge-Based Firms And Commercialization

Role And Functions Of Law Paper

722 words - 3 pages Role and Functions of Law Paper LAW/421 - Contemporary Business Law 30 de julio de 2012 Role and Functions of Law Paper La Ley juega un papel importante en el buen funcionamiento de los negocios y la sociedad. La ley regula el comportamiento social, lo que conduce a una sociedad a funcionar de manera eficiente. La ley también suministra las normas de éticas y las expectativas, de igual abarca las normas de conducta, las medidas para

Genetic Testing And Implications Of Federal Law Regulations

1296 words - 6 pages Genetic Testing and Implications of Federal Law Regulations In today’s economy, companies are scared of having any negative publicity to ruin their name and try at all costs of preventing this from happening. When companies invade employee’s privacy they have violated the federal government’s guidelines of what is ethical and not ethical. The genetic testing for Huntington’s disease is a new emerging field of science that allows for

Project Examples For Sampling And The Law Of Large Numbers

3019 words - 13 pages SAMPLING AND THE LAW OF LARGE NUMBERS The Law of Large Numbers, LLN, tells us it‟s possible to estimate certain information about a population from just the data measured, calculated, or observed from a sample of the population. Sampling saves the project manager time and money, but introduces risk. How much risk for how much savings? The answer to these questions is the subject of this paper. Examples for the Project Manager A whitepaper

“The Minimata Litigation Is An Example Of The Failure Of Law And Lawyers In Japan”

1441 words - 6 pages liability system is based on tort provisions under the Civil Code and other special tort provisions. 

In case law, the loss claimed by a victim can be compensated with primary remedy of monetary damages if it had a relationship of ‘adequate causation’ with the tortfeasor’s act. 

However, concerning the environmental pollution cases, proving a causal relationship is difficult because the court generally heightens the standard of due care owed to by a

Tok External Assessment Essay - Knowledge Gives Us A Sense Of Who We Are.” To What Extent Is This True In The Human Sciences And Ethics

1914 words - 8 pages large share of our sense of identity than that that comes by way of reason or language? In Natural sciences, scientists have enabled human identities to be formed based on the determination of the single differentiating molecule of all life – The Gene. Knowledge of how genes are the determining factors of a wide array of physical and pyschological traits gives scientists a sense of who we humans are. At the external level, the number of genes

How Does Knowledge Of The Foundations And History Of Nursing Provide A Context In Which To Understand Current Practice? Identify At Least Three Trends In Nursing Practice Demonstrated By The...

323 words - 2 pages How does knowledge of the foundations and history of nursing provide a context in which to understand current practice? Identify at least three trends in nursing practice demonstrated by the interactive timeline. How have these trends influenced your perspective of nursing practice? To understand the current practice of nursing, one must understand its history. Nursing is an art. One must have a passion for it. To be a nurse, one has to

Legal Ethical And Political Dimension Of A Business Law

519 words - 3 pages Week 2 Homework Help – GM520. Here is an example to get you started on the Week 2 Homework: 1. State the administrative agency which controls the regulation. Explain why this agency and your proposed regulation interests you (briefly). Will this proposed regulation affect you or the business in which you are working? If so, how? Submit a copy of the proposed regulation along with your responses to these five questions. The proposed regulation


1584 words - 7 pages ), provision of advisers, training, and funding, is carried out by the Qods (Style GIGN). * Some Iranian-supported factions are opposition movements, while others are militia forces supporting governments that are allied to Iran. These governments include those of President Bashar Al Asad of Syria. Iran’s aid to Syria, including military and economic aid, to total about $6 billion per year. * Some armed factions that Iran supports have not


3352 words - 14 pages must get out of the business of land development. * The cooperative housing society act should be re examined before use. * Land acquisition law should be tightened. A New Growth Strategy * Pakistan’s growth strategy should be the subject of some debate. * There may be a case for moving away from the current focus on government planning, production to a more market- and commerce-based approach. * The new approach would be

Nuclear Proliferation

1542 words - 7 pages operations, the establishment of international sanctions, and the authorization of military action. Professor of International Law at Kyoto University Masahiko Asada, informs the Security Council has issued a statement declaring, “The proliferation of all weapons of mass destruction constitutes a threat to international peace and security” (18). Members of the council are working to prevent the spread of such weapons but Iran and North Korea

The International Olympic Committee: Promoters Of Peace Or A Committee Of Ignorance

1346 words - 6 pages the suffering of the condemned. This is cruel and unusual punishment. Iran also holds grave discrimination against women, children, homosexuals, non-Muslims, and non-Iranians. There is very little to no protection of equality under their law. After the examination of Iran’s many offences against humanity and international relations, it is clear that there is a solid right to petition for them to not be allowed to participate in

Related Essays

Role And Function Of Law Essay

757 words - 4 pages Role and Functions of Law Mark Hopper LAW 421 May 28, 2012 Kim Peterson Role and Functions of Law The history of law goes back thousands of years. It seems that law has popped up in many civilizations at different times over the course of their evolution. The system of law practiced in the United States today is derived from the English common law that

Role And Functions Of Law Paper

957 words - 4 pages ROLE AND FUNCTIONS OF LAW PAPER Role and Functions of law paper If one wants to be successful in business and society then understanding law is important. Laws control social behavior, and social behavior helps society run more proficiently. Laws also help with ethical standards and give a person a hire expectation of

The Role And Functions Of Law

911 words - 4 pages individuals and businesses protection from harmful actions. Constitutional law specifies specific powers for the legislative, executive, and judicial branches of the government and a specific structure for state and federal governments. It is based on the concept of permanence and preemption. Permanence is demonstrated by the fact that to this day we abide by the same document that was drafted in 1787. It can be amended but only in extreme

The Role And Function Of Law

734 words - 3 pages protect individual liberties. Election is based on the common interest of a society and the interest of those elected to govern mindfully. This balance is a catalyst for an environment with mutually beneficial order and conduct. Conclusion Collectively, these broad functions of law have a beneficial effect on the social and economic landscape; promoting commerce and economic well being, promoting social justice, checking the powers that