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Medellín Innovation System

In: Successful Innovation Systems

Author

Listed:
  • Alejandro Crespo Jaramillo

    (Universidad de Medellin, Centro de Innovación y Desarrollo Empresarial)

  • Cesar Augusto Zambrano Osorio

    (Universidad de Medellin, Centro de Innovación y Desarrollo Empresarial)

  • Susana Crespo Jaramillo

    (Universidad Pontificia Bolivariana, Centro de Investigación para el Desarrollo y la Innovación)

  • Ludovit Garzik

    (Austrian Council for Research and Technology Development, Innovationorbit)

Abstract

Innovation for Medellín is synonymous with competitiveness, differentiation, and economic development. Innovation can improve citizens’ quality by generating knowledge-based jobs through the support of intercompany projects, universities, entrepreneurs, investors, government, and other stakeholders. This chapter shows how the innovation ecosystem works in the city, focusing on the public policies that promote Science, Technology and innovation (STi), the actors that support and promote businesses based on STi, and the establishment of University-State Business Committees that facilitate synergies among businesspeople, university delegates, unions, and the National Government. We also describe public investments into institutions promoting innovation and entrepreneurship. Finally, we show how two plans from Medellín’s Mayoralty intend to support and promote the development of STi for the economic and social benefit of the city. Specifically, these are the Development Plan Medellín Future 2020–2023 and the Strategic Plan for Science, Technology, and Innovation of Medellín 2011–2021.

Suggested Citation

  • Alejandro Crespo Jaramillo & Cesar Augusto Zambrano Osorio & Susana Crespo Jaramillo & Ludovit Garzik, 2022. "Medellín Innovation System," Future of Business and Finance, in: Ludovit Garzik (ed.), Successful Innovation Systems, edition 1, chapter 8, pages 127-142, Springer.
    • Handle: RePEc:spr:fuobcp:978-3-030-80639-2_8
    DOI: 10.1007/978-3-030-80639-2_8
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