Document Type : Original Article

Authors

1 PhD student, Department of Public AdministrationSari Branch, Islamic Azad University, Sari, Iran

2 Assistant Professor, Department of Public Administration, Mashhad Branch, Islamic Azad University, Mashhad, Iran

Abstract

Given the banking system's position in the country's economic system and banks' significant contribution to attracting financial resources, we expect the banking system's performance to significantly impact the economy. If the attraction of financial resources by banks leads to the allocation of resources to strengthen industry and production, it can contribute to economic prosperity. Therefore, the purpose of this study is to validate the policy-making model of transparency in the allocation of banking resources in Iranian knowledge-based companies. The research strategy is survey, and the research method is quantitative. The statistical population of the research was 380 managers, vice presidents, and all officials of knowledge-based companies located in the Mashhad Science and Technology Park, of which 190 were selected as a statistical sample using a stratified random method. The research tool includes a researcher-made questionnaire with 130 items. The partial least squares approach was used to analyze the data using PLS software. The research findings in the model in question include 6 categories in 15 components: economic, political, and legal independence; effectiveness in information quality and effectiveness in information access; dynamic monitoring; use of basic and applied systems; transparent allocation based on assets and investments; transparent allocation of resources based on alternative debt; prosperity of the knowledge-based economy; employment development; supportive policies; knowledge-based economy; challenges in implementing policymaking; and challenges of knowledge-based companies. The data results showed that the aforementioned model has the necessary validity. The findings of this study emphasize that identifying factors that enhance transparency in the allocation of Iranian banking resources can be useful in the process of improving the position of knowledge-based companies.

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