Determining factors of the creation of technologically-based businesses in Colombia

Authors

  • José Luis Moreno Cuello Universidad del Norte
  • José Luis Ramos Camargo Universidad del Norte

Keywords:

Business, incubators, economic factors

Abstract

In this article are identified the micro, meso and macroeconomic conditionants of the creation of technology-based businesses in Colombia. Methodologically, a descriptive study is presented under the qualitative – quantitative analysis premise; furthermore, a study from the Multiple Correspondence Analysis (MCA) is made. The result shows that there are microeconomic, mesoeconomic and macroeconomic factors that influence the creation and evolution of technology-based companies, among the most remarkable results at microeconomic level are the investment recovery time and innovative activity costs; at mesoeconomic level, cooperation among companies and incubators, and access to financing; and at the macroeconomic level are the exchange rate policies in the short term. In conclusion, it is suggested a state policy that responds to the dynamics of generation of innovative ideas for future entrepreneurs.

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Published

2013-12-12

Issue

No. 12: JUL-DEC 2013

Section

Science article

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