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The purpose of this paper is to analyze the relationship that exists between higher education institutions (HEI) and the research, innovation and development of Ecuadorian companies. Research was exploratory, descriptive and analytic; a survey of 385 public and private companies in the provinces of Pichincha, Santo Domingo de los Tsáchilas and Santa Elena was used in order to review the experience of linking companies with higher education institutions for the execution of research projects; the investment made by the region’s countries and their sources of financing was also reviewed. Results show (1) the need for knowledge transfer for the development of business and society, evidencing sectors that demand innovation research; (2) it shows that research investment is a fundamental element to stimulate production, to generate employment generation and to create new ventures. The importance of establishing a link between universities and business in order to generate development is insisted on (3).

Relación investigación, innovación: el desarrollo de las empresas ecuatorianas con las universidades