Economic Complexity and Information Society Paradigms: A Hybrid Contribution to Explain Economic Growth

Abstract

In the last decades, the Information Society (IS) paradigm has brought together various research lines related to the diffusion and adoption of Information and Communication Technologies (ICTs) and their contribution to economic, social and human development. On the other hand, other research lines have recently explored the phenomenon of Economic Complexity (EC), providing new metrics to quantify this decisive factor for the prediction of economic growth and other human relevant variables. This article explores these two trends with the construction of two composite indexes. Then, it evaluates their explanatory power to predict economic growth, first separately, and afterwards together. The results show they can predict economic growth and improve their predictive capacity by working combined. In the conclusions, some difficulties and challenges for the development of these metrics are analyzed.

Information Society: Educational Trends and Technical Aspects of Formation (EU Experience)

“…This type of learning organization should not be formal and mechanical, and the goal is a practical direction, taking into account all the current requirements for certain professions, focusing on the most relevant achievements of scientific and technological development (especially -modern information technology). The dominance of this approach will have a positive impact and will help to overcome the discrepancy between the vigorous rate of information flows increase and the modest human capacity to assimilate them within a limited period of learning activities (Jurado-González & Gómez-Barroso, 2022). This implementation will take place through educational content transformations: teachers in educational institutions should not provide ready-made knowledge but create independent skills for learning, the ability to find the right information in the right quantities, to quickly analyze it and make appropriate to the situation decisions (Rak-Młynarska, 2022).…”