Abstract

The research developed seeks the actions, public and internal policies that help the rural parishes of the province of Tungurahua to recover the potential of individuals dedicated to agriculture, livestock, local enterprises and tourism to reach a balance between the needs of these actors and norms that govern the primary sector of Ecuador’s economy, create a vision of values and principles to break those paradigms of society in terms of generating resources and wealth to find new ways to realize the management model of the Province, called parliaments; water, people and work, that work for the benefit of the entire community of Tungurahua and help small businesses, which as a group guarantee a real local development of the province and focus a vision of a 4.0 industry in Ecuador that allows creating competitive advantages and standing out as a province at the national level.

Highlights

  • This research was carried out in Tungurahua-Ecuador, so the territory of the province was characterized first, followed by the development aspects that it has, going through an SWOT analysis to perform a competitive analysis of Tungurahua

  • The second stage included the analysis of the main theories and concepts of endogenous development authors, through the collection, synthesis, and contrast of information that they contributed to the objectives, evaluative, operational, procedural and resource elements assigned to the management model (Tomási, 2008)

  • The third parameter is the elements that Industry 4.0 currently exists, the fourth parameter is the experience of these companies in the sectors analyzed and the fifth parameter is the competitive advantages to which companies aspire as show Table 2

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Summary

Introduction

This research was carried out in Tungurahua-Ecuador, so the territory of the province was characterized first, followed by the development aspects that it has, going through an SWOT analysis to perform a competitive analysis of Tungurahua. For this reason, the characteristics of the analyzed sectors are presented: agriculture, livestock, artisanal and tourism, concluding in the tools of Industry 4.0 that strengthens the productive apparatus of Tungurahua. The word development is linked to evolution because every individual, situation, or object changes (Ramírez, 2014). Local development can be defined as the process of transformation of the economy and society (Brunet & Böcker, 2015)

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