Franco is engaged in research on innovation management, within Business Model and Business Model Innovation. His primary focus is on the development of Small and Medium-sized Enterprises (SMEs) in the context of cluster initiatives. His research centers on developing methods and tools for creating models that are suitable for lower middle-income economies, considering both research and practical applications in Business Models (BM) and Business Model Innovation (BMI).

Franco Arandia is a Doctoral Student in the Department of Design Sciences, Division of Innovation, CIRCLE, Lund University.

Also is a Researcher in the Unit of Transfer of Technology, Research Institute, Faculty of Sciences and Technology, Universidad Mayor de San Simón, Cochabamba-Bolivia.