Abstract
This paper analyzes the regional innovation system of the department of Antioquia in Colombia, from a complex systems perspective and using an agent-based simulation model. Among the results is a model with significant variables and indicators for generating new knowledge and innovation on a regional scale. This provides evidence that more favorable conditions exist, insofar as a significant number of explorers encourages greater reciprocal actions with other agents in the regional structure. The number of patents and publications being generated will increase significantly and better network clustering becomes evident as a result. Finally, the model explores the dynamics, structures and relationships among agents in the system, paying special attention to the conditions within which innovation processes unfold at a regional level.
Highlights
Antioquia is a Colombian department and one of the nation’s principal economic drivers
Development theory from an innovation systems perspective and in particular regional innovation systems ( RIS) has been influenced by different schools of thought including the school of evolutionary economics, institutional economics, new regional economies, the learning economy, the innovation economy and network theory (Quintero & Robledo, 2013)
The objective of this paper is to evaluate the structures, interactions and dynamics of agents in Antioquian RIS using an agent-based simulation model
Summary
Antioquia is a Colombian department and one of the nation’s principal economic drivers. With a population of over 6.3 million (2013), Antioquia’s gross domestic product (GDP) and economic growth rate of 3% (Londoño, Restrepo, Álvarez, & Ospina, 2018) are above the national average. Antioquia’s economy is based on the manufacturing industry, service sector and natural resource exploitation (Llisterri & Pietrobelli, 2011). Industry, population, post-secondary education and investment in research and development are concentrated in the metropolitan area of Medellin. Along with Bogotá and Cali, the three cities form the “Golden Triangle” (Secretaría de educación para la cultura de Antioquia, 2011). Development theory from an innovation systems perspective and in particular regional innovation systems ( RIS) has been influenced by different schools of thought including the school of evolutionary economics, institutional economics, new regional economies, the learning economy, the innovation economy and network theory (Quintero & Robledo, 2013)
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