The Role of Social Entrepreneurship and Social Innovation in Colombia and its Implications in the Pacific Alliance

Abstract

This chapter presents an overview of social entrepreneurship and social innovation in Colombia and explores its implications in the Pacific Alliance. It is organized into five sections that provide an overview of the fields of social entrepreneurship and social innovation with the aim of sharing experiences that have occurred in the country with the international academic community. It offers a description of the social and economic context of Colombia and then presents the situations that currently serve as the basis of social entrepreneurship and social innovation. It also discusses the main actors that are active in this context. In particular, the chapter emphasizes the experience of the city of Medellín, which is thought to provide an auspicious scenario for the establishment of a business ecosystem based on social entrepreneurship and social innovation. The learnings of Colombia can serve as a relevant example for the countries of the Pacific Alliance that are currently building their social business ecosystems.

Citation

Macías-Prada, J., Vargas-Sáenz, M., Vázquez-Zacarías,, M. and López-Lira, A. (2019), "The Role of Social Entrepreneurship and Social Innovation in Colombia and its Implications in the Pacific Alliance", Blanco-Jimenez, M. and Álvarez, J.C. (Ed.) Regional Integration in Latin America, Emerald Publishing Limited, Leeds, pp. 113-131. https://doi.org/10.1108/978-1-78973-159-020191009