Analysis of Organizational and Institutional Change: CREAME (1996-2010) Case in Medellín, Colombia

  • Geovanny Perdomo Charry
  • Jorge A. Rosas Castro
  • Guillermo Murillo Vargas


Business incubators have a fundamental role in developing national economies through the creation of enterprises, employment generation, technological development, and innovations. Incubators are recent and popular organizational forms, which are often created with the aid of public and private organizations to support and accelerate the development and success of companies affiliated. This document examines CREAME in Medellín, Colombia. The aim was to analyze the organizational and institutional change of CREAME. A multidisciplinary analysis framework was used for this investigation. Empirically, the document is based on qualitative research of cases in one of the most recognized and successful incubators in Latin America. The main results show the significant change undergone by CREAME during its 15 years of existence; no only in its aim, characteristics, and roles as organization in the system and entrepreneurship network it generates, but also in its nested relationship and enforcement of policies and programs regarding entrepreneurial development in Medellín. Finally, this research bears implications for researchers, entrepreneurs, and government bodies.


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Author Biographies

Geovanny Perdomo Charry
Docente de tiempo completo de deaprtamento de administración de la Facultad de Economía de la Universidad de Antioquia
Jorge A. Rosas Castro
Profesor Investigador, Universidad Juárez Autónoma de Tabasco UJAT, Juárez, México.PhD en Administración, Universidad Autónoma de Querétaro. Postdoctorado en Estudios Organizacionales, UAM, Iztapalapa, México. Magister en Administración Pública, Instituto Nacional de Administración Pública de México, México DF. Licenciado en Administración,  (UJAT). Secretario Ejecutivo, Red Mexicana de Investigadores en Estudios Organizacionales.
Guillermo Murillo Vargas
Profesor Titular, Universidad del Valle, Cali, Colombia.PhD en Administración, Universidad EAFIT, Medellín, Colombia, con apoyo de École des Hautes Commerciales (HEC), Universidad de Montreal, Montreal, Canadá. Magíster en Ciencias de la Organización, Administrador de Empresas, Miembro del Grupo de Investigacion Humanismo y Gestión, Categoría A1 según clasificación COLCIENCIAS, Universidad del Valle, Cali, Colombia.
How to Cite
PERDOMO CHARRY, Geovanny; ROSAS CASTRO, Jorge A.; MURILLO VARGAS, Guillermo. Analysis of Organizational and Institutional Change: CREAME (1996-2010) Case in Medellín, Colombia. Cuadernos de Administración, [S.l.], v. 30, n. 51, p. 25-35, july 2014. ISSN 2256-5078. Available at: <>. Date accessed: 26 apr. 2018. doi:


organizational change, institutional change and governance, entrepreneurship, organizational studies, business incubator, contingency theory