The objective of this paper is to propose local productive systems as an industrial and development strategy. To comply with such objective, the theory of the local productive systems is presented and the reason of their importance in development is exposed. Two main conclusions arose: the first one is that local productive systems are a way of corporate agglomeration that is adequate for countries such as Colombia, which corporate census is mainly composed by small and middle sized businesses; and the second one is that they do work as incentives for community development when thinking on development from the territory