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Knowledge-based firms are driver of knowledge-based economy that play a key role in development of it. These firms cause synergy in science and wealth, development of knowledge-based economy, achieving scientific and economic goals and commercialization of research and development in the field of high technologies .In literature, terms such as knowledge society, intelligence, learning or knowledge-based organizations are used more often. Related to these concepts, organizations should act intelligently by learning. But theoretical knowledge and review of the literature show that concept of knowledge-based firms are related with the concept of SMEs, start-ups, high-tech industries, new technology based firms and Spin-Offs firms. In this paper we try to identify the main approaches in definitions and provide proper classification of them according to the definitions provided in the literature and using content analysis method. Based on content analysis of the definitions proposed by various researchers and the features offered in several studies, Following Criteria are main characteristics of knowledge based firms: be technologically new, emergence of new industries in the form of definition of sector and medium or high technology, young firms, size of firms, independence of firms, subject of firms –that implies exploitation from new know-how or new technology and a focus on R&D, and founder characteristic.  

Keywords: SME, Start-Up, Spin-Offs Firm, New Technology Based Firm, Knowledge-Based Firm. 

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