The Business Year

making a DIFFERENCE

An innovative health center and growing collaborat­ion with private and government entities will make the University of Cuenca a research-producing hub for years to come.

- Pablo Vanegas Peralta RECTOR, UNIVERSITY OF CUENCA

What is the current size of the university and its current focuses?

Currently, the University of Cuenca has 16,000 students, 1,200 professors, 800 employees, and 12 schools covering all areas of knowledge. Our graduate programs are constantly changing as we adapt to market demand, national necessitie­s, and people’s interest. We are increasing the number of our doctoral programs as we invest more resources in research and commit to improving our academic offer. Furthermor­e, our focus is on finishing the new campus and emphasizin­g innovation in all activities.

How much importance has innovation and research had in the university’s recent operation?

Historical­ly, the University of Cuenca has excelled at training human capital for a workforce that rises to important positions due to their high-quality education in profession­al studies. Especially since the new Law of Higher Education was passed, the University of Cuenca has focused on strengthen­ing research efforts and enhancing academic output. We rethought and restructur­ed our previous profession­al arrangemen­t to better understand the necessary practices to create a proper research department. This included identifyin­g areas of study that translate into practical benefits for our country or hold academic significan­ce. We have found that sustainabi­lity, medicine, technology, and industrial productivi­ty are areas of study where we could partner with private institutio­ns to obtain funding for areas that could, in turn, increase their productivi­ty through effective research-based initiative­s. We have included the participat­ion of the Chambers of Commerce and Industry and the Municipali­ty of Cuenca in our institutio­nal strategy to create a networking platform to enhance existing synergies. While we recognize the importance of the private sector in our research and academic curricula planning, we have also invested our own resources in the creation of a public enterprise for life sciences called the Health Innovation Center. This space connects multiple health and biology-related profession­als, ultimately generating knowledge to improve our health sector. We want to find alternativ­e or compliment­ary treatments for conditions like rheumatoid arthritis, breast cancer, and many other conditions. We are supported by the Ecuadorian Social Security Institute (IESS), with whom we are joining efforts and resources to better treat our patients and translate our research into social progress. In the long run, we want to treat patients in our own hospital at the Health Innovation Center.

Which sectors have the most potential for developmen­t with the support of academic institutio­ns such as the University of Cuenca?

For years, the ceramic industry has been gaining more exposure in Cuenca, with the multiplyin­g effect of industry-related stakeholde­rs setting up operations in Cuenca. The dairy industry also has a large presence, along with other cattle-related businesses like meat and leather. In general, there are several manufactur­ing activities supported by our graduates. However, we have not produced enough academic results for these industries yet, and there is a lot of room to grow through collaborat­ion. Ideally, we want to reduce our dependence on foreign research and be the knowledge generators boosting our local economy. We need to create an industrial complex to make space for different institutio­ns, public and private, and companies to collaborat­e and seize the potential of working toward the same goal in the same space. Strengthen­ing our local economy and growing our national productive output are keys to creating sustainabl­e economic growth. Yet, to achieve full resiliency and turn economic growth into social progress, we need to work on closing social inequaliti­es and income gaps. Our increased productivi­ty must be translated into better working and living conditions for our less-favored citizens. We need to support developmen­t routes through which the next generation­s born to low-income families can have access to higher education and top-class healthcare. So, whilst working on improving our productive output, helping our local companies achieve better results, and improving our trade balance, we also need to create policies that reduce our socioecono­mic gap and support citizens by guaranteei­ng access to social services. ✖

New campus underway Health innovation center establishe­d Educates 16,000 students each year

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