Contingent Governance and Sustainability in Medellín’s Entrepreneurship and Innovation Ecosystem

Palabras clave: Entrepreneurship ecosystem, organizational sustainability, contingent governance, inter-organizational articulation, neo-institutionalism

Resumen

Medellín’s entrepreneurship and innovation ecosystem has been shaped by public policy, institutional programs, universities, private actors and hybrid forms of governance. This article explores the effects of structural misalignment on organizational sustainability within this ecosystem. A qualitative exploratory-descriptive design was used, based on fifteen semi-structured interviews with entrepreneurs, public-sector representatives, academic actors and investors, complemented by documentary review and exploratory composite-score analysis. The findings show that the ecosystem has developed a high level of institutional differentiation, but weak integration mechanisms. This produces duplicated support programs, fragmented coordination, dependence on public actors and higher transaction costs for entrepreneurs. The results also reveal that the technocentric orientation associated with the Software Valley strategy has reinforced organizational rigidity and has displaced social, cultural and hybrid ventures toward the margins of the ecosystem. The article concludes that the sustainability of local ventures depends not only on access to resources, but also on adaptive governance, balanced authority distribution and stronger inter-organizational articulation.

Biografía del autor/a

Juan Pablo Ríos Mesa

Magister en Estudios Organizacionales, Asesor del Centro de Emprendimiento, Transferencia e Innovación (CETI) Tecnológico de Antioquia Institución Universitaria, Colombia. E-mail: jpriosm@tdea.edu.co, ORCID: https://orcid.org/0000-0001-5817-1767.

Francisco Javier Arias Vargas

Doctor en Administración y Dirección de Empresas, Profesor en la Institución Universitaria de Envigado, Colombia. E-mail: fjarias@correo.iue.edu.co, ORCID: https://orcid.org/0000-0002-4483-1741.

Juan Carlos Escalante

Doctor en Educación, Profesor en el Tecnológico de Antioquia Institución Universitaria, Colombia. E-mail: juan.escalante@tdea.edu.co, ORCID: https://orcid.org/0000-0003-0754-0774.

Juan-Esteban Hernández-Betancur

Doctor en Ingeniería – Industria y Organizaciones, Profesor en el Tecnológico de Antioquia Institución Universitaria, Colombia. E-mail: juan.hernandez41@tdea.edu.co, ORCID: https://orcid.org/0000-0002-4060-6803.

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Publicado
2026-07-15
Cómo citar
Ríos Mesa, J. P., Arias Vargas, F. J., Escalante, J. C., & Hernández-Betancur, J.-E. (2026). Contingent Governance and Sustainability in Medellín’s Entrepreneurship and Innovation Ecosystem. Revista Venezolana De Gerencia, 31(115), e311159. https://doi.org/10.52080/rvgluz.31.115.9
Sección
TRIMESTRE

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