The United Nations Sustainable Development Goals (UNSDGs) elaborately promote “sustained, inclusive, and sustainable economic growth, full and productive employment, and decent work for all” (Goal 8: SDGs). Considering that there has not been any cross-country comparison of the role of intellectual capital in career success, this study examines the nexus between intellectual capital and career success through the channels of income inequality, information, and communication technology from 1997 to 2018 for six European Economic Area (EEA) countries with high human development index (HDI). Using the Pooled Mean Group Autoregressive distributive lag model, results show that there is a positive and linear relationship between intellectual capital, income inequality, information and communication technology, and career success in the long run. Findings from the causality test reveal there is one-way causality running from information and communication technology and career success as well as intellectual capital to career success. These findings suggest that intellectual capital is important for career success; therefore, policymakers need to invest in developing and improving intellectual capital to ensure objective career success among the nationals.

Issues of regional development caused by significant volatility of macro-level socio-economic situation form new requirements to executive authorities, responsible for economic growth and the innovation activity increase in regions. The innovative sphere is one of the main recipients of investment in the economy of developing countries, and the current need to increase the number of innovative developments in the context of import substitution in the Russian economy only reinforces this trend at the regional level. The purpose of this study is to form a set of measures to improve the regional system of financial support for innovation in an unstable economic situation. As elements of novelty, the author's interpretation of the concept of a regional system of financial support for innovation, which is an open, holistic and self-reproducing set of efforts of the main stakeholders of innovative development of the regional economy, can be highlighted. This system develops under the influence of changing factors of exogenous and endogenous environment, which determine the financial constraints and institutional features of state financial support for innovation at the meso-level. The influence of the identified factors was analyzed by means of SWOT-analysis – the strategic planning tool. It allowed highlighting the key areas for the work of regional executive authorities in the sphere of innovative development of the economy. The authors proposed several measures to improve the regional system of financial support for innovation in the Rostov region in conditions of macroeconomic turbulence.

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