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How the Digital Economy is driving meaningful social change

As technology becomes more integrated into our everyday lives it is having a prolific impact on the growth of economies around the world. At a socio-economic level, it is estimated that digitalisation has the potential to increase GDP per capita growth rates by 40%. The creation of 1.56million jobs and an estimated turnover of the digital tech industries reaching £161billion in the UK alone in 2014, means that we can …Read more

Telefónica’s Index on Digital Life: a first approach to measure a Country’s Digital Progress

By Carlos Lopez-Blanco This month Telefónica launched the Telefónica Index on Digital Life, the most comprehensive Global Index on Digital Life ever developed. The Index measures how different countries and their citizens are progressing towards a Digital Economy and a Digital Society, which can be referred to jointly as Digital Life. The Index specifically explores this progression, in 34 countries worldwide, through three sub indexes: DIGITAL OPENNESS: How openly infrastructure …Read more

Rethinking how we understand the digital economy

Telefónica’s new assessment of global prosperity looks to reframe the way digital development is measured across the world In 2016, the number of people connected to the internet is expected to exceed 3 billion. As the opportunities surrounding the digital world grow, the term “digital economy” has become ubiquitous; a catch-all to discuss many aspects of digital life, from the rise of mobile commerce to the prosperity of a particular region. …Read more

Why looking at Digital Life has kept me interested for 20 years

By Erkko Autio, Research Director, Professor of Technology Venturing, Imperial College Business School I have been studying Digital Life, in one form or another, for more than 20 years. Before I go on about why I find it so fascinating, and why I was so eager to partner with Telefonica to create its Index on Digital Life, I’ll first provide a few necessary definitions. To understand Digital Life, we first need …Read more

Telefónica’s Index on Digital Life: what the findings show

In June 2016, Telefónica released the most comprehensive ‘Index on Digital Life’ ever developed, ranking 34 countries worldwide on the quality of their digital ecosystem. Developed over a course of a year in partnership with world leading scholars from London’s Imperial Business School, George Mason University and the University of Pécs, the Index challenges the traditional overreliance on infrastructure development when measuring the impact of the digital economy. Instead, it …Read more

What do Spanish Millennials identify as ‘life accomplishments’

By Juan Luis Lopez, @Jual_Vazquez “The meaning of life is to give life meaning”, Ken Hudgins. This quote seems somewhat contrived but nevertheless, it carries with it a certain amount of gravitas and had been in the back of my mind until I took to writing this blog. Some time ago, I wanted to understand how much energy we use each day in pursuing our dreams; those ambitions identified early …Read more

Benefits of technology are still not open to every young person despite UK’s growing tech-savvy millennial generation

Although it’s great to see children as young as 6 rivalling the digital expertise of a 45-year-old, the latest Ofcom insights into techie teens – part of Ofcom’s Communications Market Report – doesn’t address the huge numbers still without access to digital technology, who are still not benefiting from this digital revolution. In fact, a recent study has shown that technology has actually increased the gap between the rich and …Read more

Millennials identify technology as most important field of study for personal future success

Its 2014, entrepreneur is the new buzzword and many claim, through LinkedIn at least, to have reached success through some type of digital innovation. What constitutes a successful digital entrepreneur, however, is still open for debate. The fact is that in a recent Ofsted report, those who claim to have mastered the digital world are now hitting their peak confidence and understanding of digital communications and technology by their mid-teens. …Read more

Spanish economy recovering but youth migration increases

Can evoking entrepreneurialism in Spain hold the key in retaining young talent? For nearly a decade, Spain’s people have suffered and nowhere has this been more prevalent than in the jobs market. Crippling unemployment rates have scarred those of all ages but the economic hardship felt by Spain’s youth has bloodied a generation. Spain’s rather conservative and hierarchal society has not helped the situation. Young Spaniards find it difficult to …Read more

Innovation, Entrepreneurism and Taking Action – an Interview with James Eder Co-Founder of StudentBeans.com

Telefónica sat down with James Eder, Co-Founder and Commercial Director of StudentBeans.com, for a candid interview on entrepreneurism, careers and the challenges and opportunities Millennials face. StudentBeans.com is a leading student portal which attracts over 6 million visits and over 300,000 new registered users every year by providing students with offers and exclusive editorial features around entertainment, advice and money saving opportunities for free. Eder was recently named Social Media Entrepreneur of the year at the Great British Entrepreneur awards, and has also been named as one of Future 50 2013.Read more

Leadership 2.0: Gen Y in the Boardroom

Alan Mak, President of Magic Breakfast, a leading children’s charity; Ambassador for youth summit One Young World; and a World Economic Forum Young Global Shaper, discusses how Gen Y’s dynamism, inherently global outlook, digital aptitude and understanding of responsible business can help companies understand and respond to the big trends that are already shaping the future.Read more

Women Entrepreneurs Deserve Encouragement, Empowerment

According to the Telefónica Global Millennial Survey launch earlier this year, 48 percent of Millennial women feel being an entrepreneur is an important life accomplishment; and 66 percent feel they have the opportunity to become one within their home countries. Susan Segal, President and Chief Executive Officer of the Americas Society and Council of the Americas, participated in a Q&A session with Telefónica to discuss the importance of empowering women …Read more

Políglota, the language learning network that is leading Latin America to proficiency in English

Interview by Xenia Elsaesser, Think Big Europe Programme Development, Telefónica It’s Tuesday evening in Santiago, Chile, and Claudia sets off for a drink after work. She arrives at the table and introduces herself to the group. In English. Now, Claudia’s having a drink with other 12 people, hanging out in a language that is only spoken by 2% of the Chilean population. This group meets every Tuesday to collaborate and have …Read more

Education and Entrepreneurship with Rajeeb Dey, Founder of Enternships.com

The FT-Telefónica Millennials Summit held in Brussels was the last in a series of three global events attended by business and political leaders and high-profile influencers, to discuss what we, collectively, need to do to empower adult Millennials to make an impact on society and achieve their potential. After the Summit, Telefónica sat down with Rajeeb Dey, a Milliennial and CEO of Enternships.com, a portal that connects students and graduates …Read more