TEHRAN – Knowledge-based companies exported $450 million of products in the previous Iranian calendar year 1397, which ended on March 20, the vice president for science and technology announced, IRNA reported on Monday.

Sourena Sattari said that the knowledge-based companies sold 900 trillion rials (about $21 billion) of products during the past year.

This is while the figure was 600 trillion rials (about $14 billion) during the Iranian calendar year 1396 (March 2017-March 2018), he said.

There are over 4300 knowledge-based companies and 41 science and technology parks in different provinces.

The improvement of knowledge-based companies boost job creation, production and economic condition, he said.

He added that each province should improve the startups and knowledge-based companies according to the regional ecosystem.

SB/MQ/MG