Catalyzing Biomedical Innovation in Honduras: A University‑Industry Technology Park Model at the Faculty of Medical Sciences (UNAH) (#890)

Authors

Zablah, Isaac

Madrid, Marcio

Diaz, Salvador

Agudelo-Santos, Carlos

Molina, Yolly

Madrid, Melania

Valle-Reconco, Jorge

Abstract

A proposal for a University‑Based Medical Science Technology Park (PTU‑CM) for Honduras as a strategic bridge between biomedical research and market deployment. Using an exploratory design that integrates a 2009‑2024 literature scan, benchmarking of five Latin‑American science parks, and 12 semistructured interviews with government, industry, and university stakeholders, we outline an architecture grounded in triple‑helix theory and open innovation. The park is organized into three synergetic zones: translational research, tech entrepreneurship, and specialized services; coordinated by a tripartite governance board. A ten‑year discounted‑cash‑flow model projects an NPV of USD 3.2 million and an IRR of 18%, remaining positive under ±10% sensitivity tests. Forecasts include 30 patents, 50 certified prototypes, 25 startups, and ≈ 600 new jobs. Health‑system benefits comprise a 60 → 24‑month cut in technology adoption cycles and a 5% reduction in imported medical equipment costs. The framework details intellectual‑property sharing (70/20/10), sustainability mechanisms, and safeguards against regulatory, fiscal, and brain‑drain risks. Overall, the PTU‑CM offers a replicable, financially viable model of university‑industry technology transfer for upper‑middle‑income settings, with strong potential to advance public‑health outcomes and regional economic diversification.