Intellectual Capital and Technology as Factors of Career Success: Role of Income Inequality

Abstract

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.

Intellectual capital through decarbonization for achieving Sustainable Development Goal 8: a systematic literature review and future research directions

“…They further linked technological IC with organisational knowledge and integrated thinking to achieve sustainable business models. Specifically, supporting our study, the existing literature shows that if firms have a competitive IC in all its forms, they can efficiently deal with income inequality issues and provide their employees with career success in the long run; therefore, investors should invest in improving IC to achieve SDG8 (Lasisi et al. , 2023).…”

“…Therefore, it is essential to use partnerships to leverage relational capital to achieve integrated and sustainable development goals. The results of our study highlight that relational capital must be encouraged to reduce emissions by sharing resources between firms (Adebayo et al, 2021;Ali et al, 2023;Caglar et al, 2022;Kirikkaleli and Adebayo, 2021;Liu et al, 2023), specifically to achieve SDG8 (Lasisi et al, 2023). Keeping in mind the role of relational capital, the stakeholder theory emphasises the importance of multi-stakeholder partnerships that mobilise and share knowledge, expertise, technology, and financial resources to facilitate the decarbonization process, which is essential for sustainable economic growth and decent work, in accordance with SDG8 (Liu et al, 2023).…”

“…, 2022; Kirikkaleli and Adebayo, 2021; Liu et al. , 2023), specifically to achieve SDG8 (Lasisi et al. , 2023).…”

Intellectual Capital, Firm Performance, and Sustainable Growth: A Study on DSE-Listed Nonfinancial Companies in Bangladesh

“…Nevado-Pena et al [2] assert that IC has replaced an organization's financial and physical resources. Organizations that better collect, disseminate and exploit their IC and knowledge possessions are more successful in their business [3,4]. The 2020 valuation of S&P 500 companies shows that 90 percent of their total assets are intangible assets, up from one-sixth of total assets in 1975 [5].…”