Identifying Factors Affecting the Financing of Knowledge-Based Businesses with Emphasis on the Role of the Banking System
Keywords:
Financing, Business, Knowledge-Based, Banking SystemAbstract
The present study was conducted with the aim of identifying the factors affecting the financing of knowledge-based businesses, with particular emphasis on the role of the banking system. The research employed a qualitative approach based on the grounded theory methodology. The statistical population consisted of banks providing credit facilities and financial support to knowledge-based companies, including Shahr Bank, Melli Bank, Mellat Bank, Resalat Bank, Saderat Bank, Export Development Bank of Iran, and Industry and Mine Bank. In this study, purposive non-probability sampling was used. The research instrument consisted of semi-structured interviews conducted with 15 experts and specialists in the field of financing knowledge-based businesses. In addition, document analysis was applied to identify the dimensions, characteristics, facilitating and inhibiting factors, and appropriate financing mechanisms for knowledge-based enterprises. To ensure the validity and reliability of the study, the Lincoln and Guba evaluation criteria were employed. The interviews were reviewed multiple times, and initial concepts were extracted through content analysis. Based on the conducted analyses, the identified factors included causal conditions influencing the financing of knowledge-based businesses (planning, human resource management, and economic factors), contextual conditions (supportive programs), the central phenomenon (collaboration), intervening conditions (effective management), strategies (investment), and outcomes (collaboration and networking, investment attraction, market development, increased production capacity, and technological development).
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Copyright (c) 2025 Reza Farahbakhsh (Author); Ali Raeispour Rajabali; Mohsen Zayandehroodi (Author)
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