Creating an instance using the class name and calling constructor

Yes, something like:

Class<?> clazz = Class.forName(className);
Constructor<?> ctor = clazz.getConstructor(String.class);
Object object = ctor.newInstance(new Object[] { ctorArgument });

That will only work for a single string parameter of course, but you can modify it pretty easily.

Note that the class name has to be a fully-qualified one, i.e. including the namespace. For nested classes, you need to use a dollar (as that's what the compiler uses). For example:

package foo;

public class Outer
{
    public static class Nested {}
}

To obtain the Class object for that, you'd need Class.forName("foo.Outer$Nested").

You can use Class.forName() to get a Class object of the desired class.

Then use getConstructor() to find the desired Constructor object.

Finally, call newInstance() on that object to get your new instance.

Class<?> c = Class.forName("mypackage.MyClass");
Constructor<?> cons = c.getConstructor(String.class);
Object object = cons.newInstance("MyAttributeValue");

You can use reflections

return Class.forName(className).getConstructor(String.class).newInstance(arg);