Open Innovation in the Latin American Public University

The public University is an actor capable of energizing local ecosystems to transform the territory, and open innovation is its instrument of connection with the environment. University open innovation was studied through factor analysis by the principal components’ method in Mexico and Colombia. Data were collected in 54 research groups of two public universities. The analysis showed that the first six components explain 82.479% of the variance of the university open innovation model. The coincidences were evidenced in the factors that affect the general process of open innovation in Universities of Mexico and in Colombia. It was concluded that open innovation is a relevant mechanism for linking the University with its environment.