Since the advent of public and private initiatives in Colombia, there has been interest in exploring the possible future pathways of the Colombian business cycle. Based on a foresight analysis, it has been identified on the one hand that it is necessary to achieve greater productivity and competitiveness and on the other hand, collective intentionality toward progress must be encouraged. Using these analyses, new Colombian scenarios are discussed, taking into account intentionality towards entrepreneurship and innovation. Following the entrepreneurship research, it is suggested that innovative entrepreneurial activity is linked to long-term economic growth. Thus, the purpose of this paper is to identify the role of innovative entrepreneurship in Colombian business cycle scenarios using system dynamics (SD) modelling. Here, we approach futures studies, testing dynamic hypotheses concerning development based on societal and socioeconomic integration, in which innovative entrepreneurship is highly relevant. The model, supported by circular flow analysis and Schumpeterian theory, shows how this type of entrepreneurship contributes to sustainable economic growth during the simulation period (2003-2032). To achieve a 6.77% average growth rate (the higher scenario), policies regarding knowledge transfer from specialized foreign individuals, incumbent firms and universities, as well as incentives for entrepreneurial societies and collectivism, are discussed.

Drawing on the concept of entrepreneurship capital, which links collective entrepreneurial action with growth, this paper aims to explore the effect that entrepreneurship has had on the economic growth of Antioquia (Colombia). We estimate a growth model using unbalanced panel data with fixed effects for the period 2001-2012. In this study, entrepreneurship is measured as the number of new businesses and the ratio of new and discontinued companies, which have a positive impact on the economic growth of Antioquia. These results motivate a discussion about the importance of public policy in creating an environment that stimulates entrepreneurship and productive expansion; this should be maintained over time under the same social and economic purposes.

Los grandes problemas económicos y sociales de las sociedades contemporáneas, ha suscitado en los últimos años importantes reflexiones críticas sobre el papel de la teoría económica y la profesión del economista. Tal es el caso del debate suscitado en Francia en torno a la enseñanza de la Economía, con el manifiesto del Mouvement des étudiants pour la réforme de l´economie, que provocó respuestas inmediatas de todas las vertientes de la disciplina, no solo en dicho país sino en muchos lugares del mundo. En esta perspectiva, el texto de Diego Gómez expone varios puntos críticos sobre el quehacer de la Economía y los economistas, especialmente los colombianos; su análisis es examinado, desde otra óptica, por Luis Guillermo Vélez.   Palabras clave: rol de la Economía, rol de los economistas, relacion de la economía con los valores sociales. Clasificación JEL: A11, A13   Abstract:   The great economic and social problems of contemporary societies, have provoked in recent years important critic reflections on the role of the economic theory and the profession of the economist. Such is the case of the debate provoked in France regarding Economy teaching, with the manifesto Mouvement des étudiants pour la réforme de l´economie that caused immediate answers coming from the different areas of the discipline, not only in France but in many places of the world. With this perspective in mind, Diego Gomez exposes in his text various important points on the task of the Economy and the economists, specially the Colombians; their analysis is examined from a different point of view, by Luis Guillermo Vélez.   Key words: role of economics, role of economist, relation of economics to social values. JEL: A11, A13   Résumé :   Les grands problèmes économiques et sociaux des sociétés contemporaines, ont provoqué ces dernières années des réflexions importantes de critique sur le rôle de la théorie économique et la profession de l'économiste. Tel est le cas du débat suscité en France concernant l'enseignement d'économie, avec le manifeste Mouvement des étudiants pour la réforme de l´economie qui a provoqué des réponses immédiates de tous les domaines de la discipline, non seulement en France mais dans beaucoup de lieux du monde. Dans cette perspective, le texte de Diego Gómez expose plusieurs points critiques sur le travail de l'Économie et les économistes, particulièrement les Colombiens ; son analyse est examinée d'un point de vue différent, par Luis Guillermo Vélez   Mots Clés: rôle des sciences économiques, rôle d'économiste, relation des sciences économiques aux valeurs sociales.