Appreciative Theorization of Gazelle Companies Assisted by the Sercotec Arica Business Center

The role played by gazelles in economic development processes is a topic of growing interest in the scientific and business community. Empirical evidence agrees that gazelles and fast-growing firms are innovative, transformative economic structures with capabilities to promote economic growth. This paper examines the role of a group of gazelle firms assisted in Arica that positively weigh the cost-benefit ratio of the Business Center program in Chile. This path poses an exercise in “appreciative theorizing” - as Richard Nelson (2018) calls it— and examines various factors of growth that cannot be explained by economic models in equilibrium