Innovation and entrepreneurship, and their relation with local development in the town of Salinas de Guaranda, Provincia Bolívar, Ecuador

Abstract:

The objective of the present research was to empirically analyze the relationship between innovation, entrepreneurship and local development of Salinas de Guaranda, Bolívar province, Ecuador. This study was divided in two parts: first a qualitative analysis carried on through field observations and interviews and secondly a quantitative analysis through the application of a survey, with the aim of developing a simple regression model. The findings show that entrepreneurship contributes significantly to local development, but not so innovation. Aspects such as community organization, solidarity economy, leadership and entrepreneurial culture, are the key factors for the success of entrepreneurship in this town. In conclusion, entrepreneurship has contributed to local development through generating employment to improve the living level of population, based on equity, community participation and solidarity economy.

Año de publicación:

2017

Keywords:

• innovation
• Local development
• Culture
• entrepreneurship
• Salinas de Guaranda

Fuente:

scopus