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Healing Wounds: Institutional Strength, Peacebuilding, and Productive Entrepreneurship – Exploratory Analysis on 23 Departments of Colombia

This study presents an exploratory analysis on the correlation among institutional strength, peacefulness, and entrepreneurship on a sample of 23 departments in Colombia using data of 2014. To achieve this purpose, three indexes were proposed and constructed based on seminal-conceptual definitions or international assessment standards, namely: 1) Institutional Strength Index, 2) Building Peace Index (based on Negative Peace Index and Positive Peace Index), and 3) Productive Entrepreneurship Index. The results do not show a significant correlation among all three indexes. On the one hand, there is a significant correlation (p