Innovative strategies for economic development in times of crisis

Abstract

The purpose of this article is to determine strategies for innovation and economic development in times of crisis, for which a review of related literature on the subject has been carried out, emphasizing the evidence found in Latin America and specifically, Ecuador. The type of research is qualitative with the support of the documentary bibliographic review. It is concluded that innovation is a complex process linked to entrepreneurship, creative capacity and gives way to aneconomic development strategy. Regarding economic development strategies, the importance of the use of information and communication technologies is considered as a managerial trend for the transmission of knowledge that promotes innovation and accelerates changes in the economic sector.