Import substitution as a means for sustainable development

Main Article Content

Álvaro Guarín Grisales
Daniel Franco López

Keywords

imports, exports, added value, competitive advantage, strategy, development

Abstract

After jointly carrying out a research project with the industry sector, it has been possible to frame the process of imports substitution within a sustainable developmental model for Colombian industry. Such a process must be strategically oriented as a means for the development of new technological tools, information, machinery and methods that allow our country to optimize the production process for key products of its economic sectors. At the same time, it should be useful to identify the added value of such products in order to develop a competitive export model favoring the country’s share in the globalized dynamic in a more proactive way and with more benefits for it.

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