Educational policies to promote the knowledge economy and the technological development in Ecuador

Marcelo Varela - Enríquez and Gustavo Salazar - Espinoza
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Marcelo Varela - Enríquez: University of Salamanca, Ecuador
Gustavo Salazar - Espinoza: Latin American Faculty of Social Sciences, Ecuador

Review of Socio - Economic Perspectives, 2023, vol. 8, issue 3, 23-41

Abstract: The objective of this research is to define educational policies to promote the knowledge economy and technological development. For this, the objective is to determine the existing conditions for the development of the knowledge economy in Ecuador, and the connection with the business structure (public and private) to promote the country in technological development, so that higher education comply with the principle of relevance. To analyze the theoretical perspectives with the empirical results, two models were made that cover the evolution of the knowledge economy. The main results show that when investment in education is greater, the knowledge economy grows and is reflected in exports with a higher technological level. For the Ecuadorian case, it is recommended to carry out an educational reform and increase investment in education, and in science and technology, that promotes technological development.

Keywords: educational policies; higher education; knowledge economy; educational offer; technological development (search for similar items in EconPapers)
JEL-codes: H52 I28 O38 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:aly:journl:202319

DOI: 10.19275/RSEP162

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