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The Importance of Lifelong Education in Modern Economy

In: Proceedings of the ENTRENOVA - ENTerprise REsearch InNOVAtion Conference, Hybrid Conference, Dubrovnik, Croatia, 5-7 September, 2024

Author

Listed:
  • Vrdoljak, Ivana

Abstract

Lifelong education includes both formal and informal learning patterns across an individual's life, aimed at continuous personal development and enhancing societal quality of life. This concept emerged as an extension of educational advancements, representing a broader, more profound understanding of learning that focuses on redesigning education to be more functional and impactful. In modern economies, lifelong education is increasingly recognised as a way to adapt to dynamic career paths and rapid technological changes. It is not only a tool for career advancement and employability but also a means to foster adaptability, creativity, and resilience. The focus on lifelong learning supports individuals in remaining competitive in evolving job markets, allowing them to expand their professional networks and achieve long-term success. As industries and the nature of work continue to evolve, lifelong learning is essential for maintaining relevance in an ever-changing landscape. Additionally, lifelong education has societal benefits, promoting social cohesion, civic engagement, and personal fulfilment. In the context of the digital economy, it provides individuals with the skills needed to thrive in a technology-driven environment, supporting both personal and professional growth.

Suggested Citation

  • Vrdoljak, Ivana, 2025. "The Importance of Lifelong Education in Modern Economy," Proceedings of the ENTRENOVA - ENTerprise REsearch InNOVAtion Conference (2024), Hybrid Conference, Dubrovnik, Croatia, in: Proceedings of the ENTRENOVA - ENTerprise REsearch InNOVAtion Conference, Hybrid Conference, Dubrovnik, Croatia, 5-7 September, 2024, pages 601-617, IRENET - Society for Advancing Innovation and Research in Economy, Zagreb.
  • Handle: RePEc:zbw:entr24:317988
    DOI: 10.54820/entrenova-2024-0045
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    References listed on IDEAS

    as
    1. Andries de Grip & Wendy Smits, 2012. "What affects lifelong learning of scientists and engineers?," International Journal of Manpower, Emerald Group Publishing Limited, vol. 33(5), pages 583-597, August.
    2. Andries de Grip & Wendy Smits, 2012. "What affects lifelong learning of scientists and engineers?," International Journal of Manpower, Emerald Group Publishing Limited, vol. 33(5), pages 583-597, August.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    lifelong education; lifelong learning; personal development; employability; digital economy; educational system; labour market;
    All these keywords.

    JEL classification:

    • Y80 - Miscellaneous Categories - - Related Disciplines - - - Related Disciplines
    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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