INSUBCONTINENT EXCLUSIVE:
technology.During a visit to Iran House of Innovation and Technology (iHiT) on Thursday, he referred to herbal medicine and medicinal herbs
as one of the main subjects for bilateral cooperation, ISNA reported.Iran House of Innovation and Technology (iHiT), by supporting
innovative ideas, and holding technological and innovative events will be a platform for the development and promotion of Iranian
knowledge-based companies, startups, and creative industries.Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei designated the
Strengthening knowledge-based companies are on the agenda, raising hope for reducing obstacles on the path to development.In this regard, a
strategic technology development headquarters was formed and 362,000 technological projects and 154 commercialization projects were
supported, in addition to the inauguration of 23 national mega projects.Moreover, in the field of innovation and entrepreneurship ecosystem
development, 65 creative houses and innovation centers, and 30 specialized accelerators have been established with the aim of empowering and
strengthening the export capacity of knowledge-based, creative, and technological companies.The United Nations Conference on Trade and
Development (UNCTAD) Technology and Innovation Report 2021 has placed Iran among upper-middle countries in terms of readiness for frontier
technologies.According to the Global Innovation Index (GII 2022) report, Iran is the second most innovative country in the Central and South
Asian region and the third among low-middle income countries.Iran ranked 53rd in the world with 7 steps up compared to 2021.According to the
2022 GII, Switzerland, the United States of America, Sweden, England, and the Netherlands are the most innovative economies in the world,
ranked 53rd in the world, second in the Central and South Asian region, and third in low-middle income countries, and for the second
consecutive year, the innovation development rate is higher than expected.Houses of innovation and technology have already been set up in
countries such as Russia, Turkey, China, Syria, Armenia, Kenya, and Iraq.President Ebrahim Raisi has said science and technology are the
cornerstones of national development.The chain of knowledge, research, innovation, and technology ensures sustainable development in the
country, he added.The national budget bill for the current Iranian calendar year 1402, which started on March 21, has earmarked about 37
