Araf: In order to realize a knowledge-based economy, one must take risks and pay costs. Emphasizing that innovation cannot be achieved without courage, risk-taking and long-term investment, the First Vice President said: In order to achieve a knowledge-based economy, one must support innovative ideas, pay for them and not expect results in the short term. Mohammadreza Aref also announced the possibility of establishing an innovation headquarters with the participation of elites to formulate the government's two-year plan and, criticizing the lack of attention to research and development in the industry, emphasized the need to change this approach.