The Impact of Economic Sanctions on the Knowledge-Based Companies in Iran

based companies (KBC) are believed to be the main engine of such growth rate of these economies. Facing many problems in their initial years, however, many of these companies fail to sustain themselves and fall into bankruptcy with a very high rate under the normal conditions. Obviously, the rate of failure is higher during the exceptional conditions like economic sanctions. Drawing on the Delphi Survey techniques with two cycles, this paper constructs a conceptual model by which it purports to explain how the economic sanctions impact the Iranian KBC performances.