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Business model innovation and design thinking in Bolivia – licentiates in Transformative innovation

Working on business model innovation and design thinking in small and medium-sized companies is important for economic growth in Bolivia. But there are challenges that hamper innovation efforts.

– Published 26 September 2024

Sunset. Photo.
Economic growth in Bolivia is in need of business model innovation and design thinking in small and medium-sized enterprises. This is the opinion of doctoral students Jazmin Estefania Olivares Ugarte and Franco Arandia Arzabe, who is now presenting their licentiate theses in Transformative innovation. Photo: Franco Arandia Arzabe

The challenges include inability to establish clear demands for technology, limited access to technological resources, insufficiently educated and trained human resources, and a lack of scientific and technological support.

To increase knowledge about business model innovation for small and middle-sized companies in Bolivia, Jazmin Estefania Olivares Ugarte and Franco Arandia Arzabe, both PhD students in Transformative Innovation at LTH, have investigated how companies in Bolivia can develop their business models by participating in cluster projects led by universities.

The PhD students are now defending their licentiate theses.

Jazmin Estefania Olivares Ugarte:
"Design thinking for prototyping and product development within a university-led SMEs cluster initiatives in Bolivia."
When? September 26 at 14-16
Where? Ingvar Kamprad Design Center, IKDC, Formstråket 13 in Lund, room 304
The discussion leader is Anna Rylander Eklund vid Chalmers.

Franco Arandia Arzabe
”Business model innovation in small and medium-sized enterprises within university-led cluster initiatives in Bolivia”.
When? September 27 at 14-16
Where? Ingvar Kamprad Design Center, IKDC, Formstråket 13 in Lund, room 304
The discussion leader is Henry Lopez-Vega at Umeå University.

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Jazmin Estefania Olivares Ugarte – Research output — Lund University
Franco Arandia Arzabe — Lund University

Jazmin Estefania Olivares Ugarte. Photo.

Jazmin Estefania Olivares Ugarte

Jazmin Estefania Olivares Ugarte – Research output — Lund University

PhD student in Transformative innovation at the Faculty of Engineering, Lund University.
Affiliated to CIRCLE.

Franco Arandia Arzabe. Photo.

Franco Arandia Arzabe

Franco Arandia Arzabe — Lund University

PhD student in Transformative innovation at the Faculty of Engineering, Lund University.
​​Affiliated to CIRCLE.