Achieving a balance between the development of information and communication technologies (ICT) development and teaching competences has become essential. The rapid evolution of the Web has presented universities with the challenge of preparing today's academic staff for the ICT of the future. The European Higher Education Area has adapted to ICT, proposing a conceptual and methodological change in teaching-learning processes in Spanish universities. In this new scenario, the education of students via the Web has become a key factor that requires higher education teachers to have new emotional competences. Although affections, feelings and emotions have been gaining relevance in society and scientific thought for more than a decade now, in the future, we will be dealing with a sensory emotive Web (Web 5.0) and, more than ever before, there will be a deep need for teachers to use and promote intra-and interpersonal emotional competences. In this respect, this paper suggests that the use of rationalistic methodology alone, in this era of sensory and emotional knowledge (present and future), is a mistake. Teaching staff need to develop emotional competences and transmit them to their students, in order to produce graduates who will be more adaptable to new socio-professional contexts.
Purpose
– The aim of this paper is to gain new insight on the determinants of economic growth. More precisely, it disentangles the contribution of an increase in the stock of ideas that exceeds the rate of growth in the steady state and the growth inherent to the steady state.
Design/methodology/approach
– Following Romer (1990) and Jones (2000, 2002) this paper uses an aggregate production function. The paper also models the evolution of the stock of ideas following the generalisation of Jones (1995). The analysis decomposes growth utilising the estimated parameters inherent to the ideas function.
Findings
– This article presents a growth accounting exercise that estimates total factor productivity for three Southern European economies. Systematic comparison of the countries illustrates the importance of innovation for economic growth. This exercise shows the main growth patterns over the last 50 years, and highlights the principal determinants by specifying an ideas function.
Originality/value
– This study yields recent timeframe for explaining per capita income variations within economies and observed differences across economies.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.