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European Journal of Economic and Financial Research ISSN: 2501-9430 ISSN-L: 2501-9430 Available on-line at: http://www.oapub.org/soc Volume 2 │ Issue 3 │ 2017 doi: 10.5281/zenodo.838783 KNOWLEDGE-BASED, JOB CREATION ECONOMIC RESILIENCE: PRINCIPLES & PARAMETERS Abbas Motamedi1,2i, Ali Reza Motamedi2,3, Mohammad Reza Motamedi2,3 Distance Learning Department, Sydney, Australia 1 R&D Office, Islamic Azad University, Kazerun branch, Kazerun, Iran 2 Shahid ZolAnvar High school, Educational Organization, Fars, Iran 3 Abstract: Economic Resilience is a knowledge-based notion, lately launched by Imam Khamenei, the Iranian supreme leader. Economic resilience is defined as the policy-induced ability of an economy to withstand or recover from the effects of internal & external shocks. (Briguglio et al, 2008) The present paper has briefly reviewed & extended the research towards the development of a conceptual and methodological framework for the definition and measurement of economic resilience to propose an index for gauging the adequacy of policy in twenty broad areas. This exploratory, GT-based study intended to delve into two basic relevant notions, whose beneficiaries were announced to be academicians in general and academic decision makers in particular to change the curriculum in favour of promoting start-ups & mega markets. The speculation needed to satisfy two basic requirements: firstly, it has been based on a faith related endeavour and secondly it has operated like the theory of the game, working in a non-adaptable system, as a mathematical operation. In addition, Nash equilibrium seems to be part of that system, with an interaction between two poles: a religious duty & a socio-cultural, economic one, pioneered by the Imam for checks and balances on the notion.. Hence, it does not rely on a vicious circularity type of If X, then Y model. Concentration seems to be on microenterpreunership, which has been recently introduced, especially in form of new job opportunities with basic commonalities: informationalism & information processing, patent registration, Neoliberalism, database development, universities new missions and task-based ELF rather than EFL learning, while inputs are basically Copyright © The Author(s). All Rights Reserved. © 2015 – 2017 Open Access Publishing Group 60 Abbas Motamedi, Ali Reza, Mohammad Reza Motamedi KNOWLEDGE-BASED, JOB CREATION ECONOMIC RESILIENCE: PRINCIPLES & PARAMETERS written in iconic language and their outputs are necessarily in English. Qualitative results, driven from an open-ended questionnaire are supportive of the research questions. Keywords: economic resilience, knowledge-based economy, start-ups, checks & balances 1. Introduction Iran’s socioeconomic condition is swinging in a pendulum, moving from ideals, voiced by the Supreme Leader or the Imam, to realities, which coexist in the ecology of Iranian society. Voices of the Imam call for Islamatization of socio-economic, and cultural values in form of independence, national Islamic identity, calling for an economic modification in form of fresh attitudes toward educational carriers, Economic Resilience & alike on one hand and realties in form of inflation, deep dullness, stagnancy, rise of banking & financial credit institutions, which are encouraging Haram soaring interest rates, imports exceeding exports, oil revenue dependency, high unemployment rates, jobless undergraduates, importing luxurious goods to promote a new middle class life style, closure of traditional industries, business sectors, and factories on the other. Although there is no generally agreed definition as to which variables should be Economic Resilience attributed to, it is reported to be a contrivance towards the formulation of policies aspired at surmounting the adverse consequences of economic vulnerability. It is also associated with actions undertaken by policymakers and private economic agents, which enable a country to withstand or recover from the negative effects of shocks. To put it differently, Economic Resilience, formerly known as Singapore paradox or the ability of Singapore to build its resilience in the face of external shocks, undertakes structural changes affecting the developing and transitional economies, provides an opportunity for the promotion of policies leading to robust, impartial and environmentally sustainable growth, and promotes capacity strengthening and training in the field of economic and social policy making to attain high GDP per capita. (ibid) In his hypothetical construct, Briguglio (2004) identifies four possible scenarios to that end: best case, worst case, self-made, and prodigal son. The best case scenario is appropriate to countries inherently adopting resilience-building policies; the worst-case one is applicable to those inherently running policies counter to economic resilience; self-made scenario is appropriate for the ones, which are economically resilient while they withstand the effects of their inherent vulnerability; the prodigal son category, which is based on an analogy that these countries though born in a good family waste their riches, are attributable to countries with low inherent European Journal of Economic and Financial Research - Volume 2 │ Issue 3 │ 2017 61 Abbas Motamedi, Ali Reza, Mohammad Reza Motamedi KNOWLEDGE-BASED, JOB CREATION ECONOMIC RESILIENCE: PRINCIPLES & PARAMETERS economic vulnerability but their policies are deleterious to economic resilience, so exposing them to the adverse effects of shocks. Warschauer, (2000) has already referred to informationalism, the by-product of which is transnational disorganized corporations with academically-educated handymen rather than simple labors, who are constantly analyzing textual information from academic articles. In this new socio-economic world, the dominant lingua franca will be Englishes rather than English in form of ELF. The present research has reflected on the offshoots of the new society in a heuristic, analytical, exploratory, introspective, qualitative, ”arney Glaser’s G-theory in a multi method design. The research purpose is to disseminate job applicants with the potentials of the research-based economic laden approach & get them prepared to that end. Language instruction is part and parcel of this approach, done via an ESAP, assessment-based instruction, which is perfectly congruent with the constructionists’ model of speculation. (Motamedi, 4) Hence, job creation will lie at the heart of science & technology. Hence, familiarity with this religious conception necessitates acquaintance with key denominators: informationalism, new mode of education, future employment varieties, ELF task-based lingua franca versus linguistic hegemony, ICT in the market, globalization trait, innovation in microenterpreunership, creativity & critical thinking, commercialization of patents, start-up firms, home-grown green jobs, and Neoliberalism in a sense. Former researches have suffered from shortcomings, resulted in failure & inefficiency of the notion. The advantage of the present research is its reliance of the Imam’s religious duty for checks & balances to prevent deviations. For downloading the full article, please access the following link: http://oapub.org/soc/index.php/EJEFR/article/view/159 European Journal of Economic and Financial Research - Volume 2 │ Issue 3 │ 2017 62