Data for: 3395806

Th e education and application of skills in it is an essential prerequisite for the growth and development of each national economy in the future. Investing in education and skills development are essential incentive for raising the growth and competitiveness of each country and its participation in the labor market. Th e skills are part of the educational capacity which have the aim to increase the productivity of labor and knowledge of production processes and technologies, to raise long-term growth and innovation, they transform the production to new values, stimulate competition for application of higher level skills, or with one word it shape the future of the labor market to the real needs of the working environment. Th e main task of this paper is to answer the question whether with the current method of education we can be a country of information society where the processes and programs are the foundation of the industrial model of education and the demand for individuality, creations and innovations for application awareness, humanity, the requirement of a model of education with more educational programs represent the future serious indicators and parameters for better quality economic growth and development. Key Words: education, skills, capacity, information, innovations. JEL Classifi cation: A20, A21, A22, A23, A29, I20, I21, I22, I23, I25, I26.