Sie sind auf Seite 1von 2



$OH[DQGHU0RUHLUD$OPHLGD8QLYHUVLGDGH5:7+$DFKHQ,QJOrV

!3iJLQDLQLFLDO !$FDGHPLFV !3yV*UDGXDomR !$OXPQL !,QYHVWLJDomR3URJUDPD$OXPQL !0HQWHV%ULOKDQWHV !$OH[DQGHU0RUHLUD$OPHLGD

$OH[DQGHU0RUHLUD$OPHLGD

 (VWDGLDGH
SHVTXLVDQD
5:7+
$DFKHQ

,QIRUPDo}HV
VREUHD
QRVVD
$OXPQXV
5HVHDUFK

3URIHVVRUFRQYLGDGRH.iUPiQ)HOORZQRSURJUDPD(56,QWHUQDFLRQDODJRVWRHVHWHPEUR

3URIHVVRU$OH[DQGHU0RUHLUD$OPHLGDpFRQKHFLGRSRUVXDSHVTXLVDHSURIHVVRUGH3VLTXLDWULDH3DUDSVLFRORJLDQD8QLYHUVLGDGHGH-XL]GH)RUD
8)-) 6FKRRORI0HGLFLQHHOHpRIXQGDGRUHGLUHWRUGR&HQWURGH3HVTXLVDHP(VSLULWXDOLGDGHH6D~GHQR%UDVLO(PDJRVWRHVHWHPEURGHHOH
YLVLWRXD8QLYHUVLGDGH5:7+$DFKHQSRUVXD.iUPiQ)HOORZVKLSQD&iWHGUDGH3VLTXLDWULDGR3URIHVVRU8WH+DEHOHQTXDQWR8WH+DEHOIRLHPWURFDGH
YLVLWiORQD8QLYHUVLGDGHGH-XL]GH)RUD
2REMHWLYRGHVWHSURMHWRIRLDSURPRomRHFULDomRGHXPDQRYDFRRSHUDomRHQWUHSHVTXLVDGRUHVGD8QLYHUVLGDGHGH-XL]GH)RUDHGD5:7+,QLFLDGD
SHOR'U$OHVVDQGUD*KLQDWR0DLQLHULDTXHHUDXP3K'HVWXGDQWHQD8QLNOLQLN$DFKHQDFRODERUDomRFLHQWtILFDFRPHoRXHPHVSLULWXDOLGDGHHUHOLJLmR
FRPELQDQGRFRQKHFLPHQWRVQHXURFLHQWtILFRV 3URI'U+DEHO8+ FRPH[SHULrQFLDHPH[SHULrQFLDVHVSLULWXDLV 3URI'U0RUHLUD$OPHLGD$0$ SDUD
DFRPSUHHQVmRGHUHODo}HVPHQWHFpUHEUR
(OHVDOFDQoDUDPPHWDVLQLFLDLVHIRLPDLVORQJH$VHJXLQWHHQWUHYLVWDFRPRSURIHVVRU0RUHLUD$OPHLGDYDLGDUDOJXQVLQVLJKWV

7H[WRRULJLQDO

,Q $XJXVW DQG 6HSWHPEHU  KH YLVLWHG WKH 5:


8QLYHUVLW\IRUKLV.iUPiQ)HOORZVKLSDWWKH&KDLURI3V
3URIHVVRU8WH+DEHOZKLOH8WH+DEHOZDVLQUHWXUQYLVLW
8QLYHUVLW\RI-XL]GH)RUD
6XJLUDXPDWUDGXomRPHOKRU

$OLQH&DUYDOKR

4XDOpDVXDiUHDGHSHVTXLVDSULQFLSDOWXGRLVVR"4XDOpVXDLPSRUWkQFLDQXPFRQWH[WRPDLV
DPSOR"
(XLQYHVWLJDUDUHODomRHQWUHHVSLULWXDOLGDGHUHOLJLRVLGDGHHVD~GH8PDOLQKDGHLQYHVWLJDomRSULQFLSDOGRQRVVRJUXSRpDUHDOL]DomRGHHVWXGRVHSLGHPLROyJLFRVTXH
LQYHVWLJDPRLPSDFWRGRHQYROYLPHQWRUHOLJLRVRQDUHVXOWDGRVGHVD~GH2XWUDOLQKDpXPDLQYHVWLJDomRPXOWLGLPHQVLRQDOGDVH[SHULrQFLDVHVSLULWXDLV WDLVFRPRWUDQFH
SRVVHHH[SHULrQFLDVGHTXDVHPRUWH HVSHFLDOPHQWHDVLPSOLFDo}HVGHVVDVH[SHULrQFLDVSDUDDFRPSUHHQVmRGDPHQWHHVXDUHODomRFRPRFpUHEUR$OpPGLVVR
WDPEpPHVWDPRVPXLWRLQWHUHVVDGRV
HPFRPRUHDOL]DUDGLIHUHQFLDomRHQWUHXPDH[SHULrQFLDHVSLULWXDOVD~GHTXHVHDVVHPHOKDWUDQVWRUQRVSVLFyWLFRVGLVVRFLDWLYRVGH

GLVW~UELRVSVLFyWLFRVGLVVRFLDWLYRVTXHOHPEUDPH[SHULrQFLDVHVSLULWXDLV3DUDID]HULVVRXVDPRVQHXURLPDJHPHQWUHYLVWDVSVLTXLiWULFDVDYDOLDomRQHXURSVLFROyJLFDHW
FHWHUD
eLPSRUWDQWHLQYHVWLJDUDHVSLULWXDOLGDGHUHOLJLRVLGDGHSRLVFRQWLQXDDVHULPSRUWDQWHSDUDDJUDQGHPDLRULDGDSRSXODomRGRPXQGRQmRKiSURYDVGHTXHRVLPSDFWRV
QDVD~GHUHVXOWDGRVFRQVLVWHQWHVHSRGHDMXGDUQRVDDYDQoDUQRVVDFRPSUHHQVmRGDPHQWHHGDQDWXUH]DKXPDQD1RHQWDQWRHVWHREMHWRGHLQYHVWLJDomRIRL
QHJOLJHQFLDGDGXUDQWHDPDLRUSDUWHGRVpFXORPDVWHPFUHVFLGRH[SRQHQFLDOPHQWHQDV~OWLPDVGXDVGpFDGDV

3RUTXHYRFrILFRXLQWHUHVVDGRHPXPDHVWDGLDGHSHVTXLVDFRPR7KHRGRUHYRQ.DUPDQ
)HOORZQD8QLYHUVLGDGH5:7+$DFKHQ"
'XUDQWHXPDFRQIHUrQFLDQD$OHPDQKDXPFROHJD 'U-XOLR3HUHV HHXFRQKHFLR'U$OHVVDQGUD*0DLQLHULXPEUDVLOHLURTXHQDpSRFDHVWDYDFRQFOXLQGRVHX
GRXWRUDGRHPQHXURLPDJHPQD8QLYHUVLGDGH5:7+$DFKHQ&RPHoDPRVDGLVFXWLUDSRVVLELOLGDGHGHUHDOL]DomRGHHVWXGRVGHQHXURLPDJHPFRODERUDWLYRVGH
H[SHULrQFLDVHVSLULWXDLV(PVHJXLGDGHVHQYROYHPRVXPDFRODERUDomRFRPR'U0DLQLHULHFRPR3URI'U8WH+DEHOFKHIHGD6HomRGH(VWXGRVGH*rQHUR
QHXURSVLFROyJLFRVQR'HSDUWDPHQWRGH3VLTXLDWULD3VLFRWHUDSLDH3VLFRVVRPiWLFD5:7+$DFKHQ8QLYHUVLW\+RVSLWDO'XUDQWHHVWHWUDEDOKRFRODERUDWLYR'U0DLQLHULPH

KWWSZZZUZWKDDFKHQGHFPVURRW6WXGLXP1DFKBGHPB6WXGLXP$OXPQL,QIRVB)RUVFKHUB$OXPQL.OXJHB.RHSIHaLYHI$OH[DQGHU0RUHLUD$OPHLGD"OLG[ 





$OH[DQGHU0RUHLUD$OPHLGD8QLYHUVLGDGH5:7+$DFKHQ,QJOrV

FRQWRXVREUHD7KHRGRUHYRQ.DUPDQ)HOORZVKLS1yVDSOLFDPRVHILFDPRVIHOL]HVRVXILFLHQWHSDUDREWHUIXQGRVSDUDHXILFDUFRPRSURIHVVRUYLVLWDQWHQD5:7+HSDUD
RSURIHVVRU+DEHOSDUDILFDUQDPLQKD8QLYHUVLGDGH)HGHUDOGH-XL]GH)RUD 8)-) QR%UDVLO

3RGHULDSRUIDYRUUHVXPDDVXDHVWDGLDGHWUrVVHPDQDVQD8QLYHUVLGDGH5:7+$DFKHQ
4XDOIRLVXDH[SHULrQFLDPDLVJUDWLILFDQWHFRPR7KHRGRUHYRQ.DUPDQ)HOORZ"
(XWLYHXPWHPSRPXLWRRFXSDGRHSURGXWLYRQR5:7+$OpPGHHQWUHJDUGXDVSDOHVWUDVHGRLVZRUNVKRSVFRQKHFLYiULRVRXWURVSHVTXLVDGRUHVYLVLWRX
)RUVFKXQJV]HQWUXP-OLFK -$5$FpUHEUR HD&$9( $FRXVWLF5HDOLGDGH9LUWXDOSDUD3HUFHSWLRQ5HVHDUFK HWHYHYiULDVUHXQL}HVGHSHVTXLVDSDUDGLVFXWLUWUDEDOKRV
FRODERUDWLYRVHPSUHSDUDomRFRQFHGHUSURSRVWDVHDQiOLVHGHGDGRVGHSHVTXLVDFRODERUDWLYDHPFXUVR$SDUWHPDLVLPSRUWDQWHIRLRGHIRUWDOHFHURFRQKHFLPHQWR
P~WXRDDPL]DGHHDSDUFHULDGHSHVTXLVDFRPSDUFHLURV5:7+3DUDVHULPHUVRFRPPLQKDIDPtOLDQD$OHPDQKDHQDFXOWXUDDOHPmWDPEpPIRLXPDH[SHULrQFLD
PXLWRHVSHFLDOHJUDWLILFDQWH

4XDLVUHVXOWDGRVWDQJtYHLVGDVXDHVWDGLDVmRDVPDLVLPSRUWDQWHV"2TXHHVWiSODQHMDGRSDUD
RIXWXUR" 9RFrHVWiSODQHMDQGRXPVLPSyVLR"2WUDEDOKRFRODERUDWLYRpSODQHMDGRFRPD
8QLYHUVLGDGH)HGHUDOGH-XL]GH)RUD"
/LGHUDUSHOR'U3HUHVH3URI+DEHOTXHSDUWLFLSDUDPGHXPHVWXGRGHQHXURLPDJHPFRPPpGLXQVEUDVLOHLURVTXHYLHUDPSDUD$DFKHQHSDUWLFLSDUDPQXPHVWXGRGH
I05,QDSLQWXUDPHGL~QLFDQRVFDQQHU7HPRVXPDFRQFHVVmRGR&LrQFLDVHP)URQWHLUDV &$3(6%UDVLO SDUDDSRLDUDDQRVSyVGRXWRUDGRGR'U0DLQLHULGD8)-)
QR%UDVLOSDUDFRQWLQXDUQRVVDVLQYHVWLJDo}HVFRODERUDWLYDVGHH[SHULrQFLDVHVSLULWXDLV&RPDH[SHULrQFLDGR'U0DLQLHULHDSRLRGR3URI+DEHOHFROHJDVHVWDPRV
DEULQGRXPODERUDWyULRGHQHXURLPDJHPIXQFLRQDOGD8)-)

eDVXDSULPHLUDYLVLWDD$DFKHQ"4XDLVIRUDPVXDVLPSUHVV}HV"
1mRHXWLQKDYLVLWDGRDQWHULRUPHQWH$DFKHQSDUDLQLFLDUQRVVDSDUFHULD)LTXHLLPSUHVVLRQDGRFRPDHTXLSHHLQIUDHVWUXWXUDSDUDHVWXGRVGHQHXURLPDJHPQD
8QLYHUVLGDGH5:7+$DFKHQ0LQKDIDPtOLDHHXWDPEpPJRVWHLRVDVSHFWRVKLVWyULFRVGH$DFKHQPXLWR PLQKDHVSRVDpXPKLVWRULDGRU HHVSHFLDOPHQWHDDPL]DGHH
JHQWLOH]DGDIDPtOLDGH+DEHO3URIHVVRU1yVILFDPRVPXLWRWRFDGRVSRUHODV

([LVWHDOJRTXHYRFrDFKDTXHDDFDGHPLDDOHPmRSRGHULDDSUHQGHUFRPDFDGHPLDQR%UDVLO
RXYLFHYHUVD"&RPRYRFrVHOHPEUDGDVDXODVFRPRVDOXQRVHP$DFKHQ"
2JUXSRGD5:7+$DFKHQWHPXPDJUDQGHH[SHUWL]HHPQHXURLPDJHPHHPHVWXGDUWUDQVWRUQRVSVLFyWLFRV1RVVRJUXSRQR%UDVLOWHPXPDH[SHULrQFLDHVWDEHOHFLGD
HPHVWXGDULPSDFWRVGRHQYROYLPHQWRUHOLJLRVRQDVD~GHHQDLQYHVWLJDomRGHH[SHULrQFLDVHVSLULWXDLV(VWDSDUFHULDSHUPLWLUiRLQWHUFkPELRGHFRQKHFLPHQWRVDILPGH
DYDQoDULQYHVWLJDo}HVLQWHUGLVFLSOLQDUHV$DFKHQDOXQRVHVWDYDPPXLWRFXULRVRVHSDUWLFLSDWLYD3DUDPLPpVHPSUHPXLWRLPSRUWDQWHSDUDDSUHVHQWDURVWHPDV
GHVDILDGRUHVTXHLQYHVWLJDPDS~EOLFRVGLYHUVRVFXOWXUDOHFLHQWLILFDPHQWHXPDYH]TXHWHQKRDRSRUWXQLGDGHGHVHUH[SRVWRVDQRYDVLGpLDVHSHUVSHFWLYDVTXHVmR
PXLWR~WHLVQDH[SDQVmRGDFRPSUHHQVmRGDHVSLULWXDOLGDGHHGDPHQWH

2DVVXQWRLQIOXrQFLDVFXOWXUDLVVREUHHVSLULWXDOLGDGHHUHOLJLRVLGDGHpEDVHDGRQRWUDEDOKRGH
FRODERUDomRLQWHUGLVFLSOLQDU2TXHYRFrDFKDGHUHGHVHPLQYHVWLJDomR"2TXHYRFrDFKDGDV
UHGHVGHH[DOXQRVRXUHGHVHPJHUDO"
,VWRpHVVHQFLDO(VSHFLDOPHQWHQRVFDPSRV(XHVWRXPDLVIRFDGRHP FRQH[}HVHQWUHHVSLULWXDOLGDGHHVD~GHHQDH[SORUDomRGHUHODomRPHQWHFpUHEUR QmRp
SRVVtYHOID]HUDYDQoDURFRQKHFLPHQWRVHPRWUDEDOKRFRODERUDWLYRGHXPDDPSODJDPDGHiUHDVDFDGrPLFDVPHGLFLQDSVLFRORJLDILVLRORJLDQHXURFLrQFLD
HSLGHPLRORJLDILORVRILDVRFLRORJLDKLVWyULDHWF(VWDPRVPXLWRIHOL]HVSRUWHUDRSRUWXQLGDGHGHWUDEDOKDUFRPSHULWRVGHWRGRVHVWHVFDPSRVHD7KHRGRUHYRQ.DUPDQ
)HOORZVKLSQD8QLYHUVLGDGH5:7+$DFKHQIRLXPUHFXUVRYDOLRVRSDUDIRPHQWDURWUDEDOKRFRODERUDWLYRLQWHUFXOWXUDOHLQWHUGLVFLSOLQDU

/LQNVH[WHUQRV
183(61~FOHRGH3HVTXLVDVHP(VSLULWXDOLGDGHH6D~GH
%LOLQJXH 3RUWXJXrVH,QJOrV <RXWXEHFDQDOGH&LrQFLDH(VSLULWXDOLGDGHSURGX]LGRSHORJUXSRGHSHVTXLVD

KWWSZZZUZWKDDFKHQGHFPVURRW6WXGLXP1DFKBGHPB6WXGLXP$OXPQL,QIRVB)RUVFKHUB$OXPQL.OXJHB.RHSIHaLYHI$OH[DQGHU0RUHLUD$OPHLGD"OLG[ 



Das könnte Ihnen auch gefallen