University–business linkages: contributions to socioeconomic development from a territorial perspective

Resumen

This study analyzes the strategic role of University–Business Linkages (UBLs) in addressing socioeconomic challenges in Colombia from a territorial perspective. Using a multiple-case study design, we examine two organizations that promote social innovation, multisectoral collaboration, and territorial development. Findings highlight the importance of academia in applied research, co-creation processes, and social impact measurement, while also identifying persistent barriers such as difficulties in locating appropriate interlocutors within universities and aligning objectives among partners. The study reveals that these alliances are vital for fostering sustainable solutions and applied knowledge that contributes to local development. Furthermore, the article contributes to debates on UBLs in developing countries by emphasizing that lessons from the Global North cannot be automatically transferred to the Global South. Future research should develop robust methodologies to measure social impact, explore co-creation models tailored to specific territorial contexts, and examine public policies strengthening social innovation ecosystems in developing countries. Longitudinal and comparative studies are also recommended to deepen understanding of the transfer and adaptation of best practices across diverse territorial settings.