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{"id":22559,"date":"2026-07-29T15:31:41","date_gmt":"2026-07-29T12:31:41","guid":{"rendered":"https:\/\/modecon.mnau.edu.ua\/?p=22559"},"modified":"2026-07-30T14:09:42","modified_gmt":"2026-07-30T11:09:42","slug":"economic-mechanisms-for-sustaining-human","status":"publish","type":"post","link":"https:\/\/modecon.mnau.edu.ua\/en\/economic-mechanisms-for-sustaining-human\/","title":{"rendered":"Chaikin O. Economic Mechanisms for Sustaining Human and Intellectual Capital in Inclusive National Economic Development"},"content":{"rendered":"

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JEL Classification:<\/strong> F63, O15<\/td>\nDOI<\/b>: https:\/\/doi.org\/10.31521\/modecon.V57(2026)-33<\/a><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

[\/vc_column_text][vc_column_text]Chaikin\u00a0Oleksandr<\/strong>, Candidate of Economic Sciences, Doctoral Candidate, Polissia National University, Zhytomyr, Ukraine<\/p>\n

ORCID:<\/strong> 0000-0003-2985-0407<\/span><\/a>
\ne-mail: <\/strong>chaikin.oleksandr@gmail.com<\/span><\/a><\/p>\n

Economic Mechanisms for Sustaining Human and Intellectual Capital in Inclusive National Economic Development<\/strong><\/p>\n

Abstract. Introduction.<\/em><\/strong> The article examines economic mechanisms for sustaining human and intellectual capital within the framework of inclusive national economic development amid digital transformation, technological modernization, and growing global instability. \u00a0<\/em><\/p>\n

Purpose.<\/em><\/strong> The article aims to identify economic mechanisms that sustain human and intellectual capital as strategic determinants of inclusive national economic development amid digital transformation, technological modernization, and mounting global socioeconomic challenges.<\/em><\/p>\n

Results.<\/em><\/strong> It is reasoned that human and intellectual capital have become strategic determinants of social cohesion, innovation capacity, long-term national competitiveness, and sustainable economic growth and inclusive development. This study examines the role of labor market regulation, educational modernization, innovation support, digital infrastructure development, and institutional governance in ensuring inclusive economic development. Particular attention is given to the transformation of labor markets caused by automation, digitalization, and technological restructuring. These changes simultaneously create opportunities for productivity growth and risks of social exclusion, structural unemployment, and skills obsolescence. A stakeholder matrix is designed to identify the functions, strategic interests, institutional influence, and challenges of the principal actors involved in sustaining human and intellectual capital. These actors include national governments, regional authorities, educational institutions, businesses, research centers, financial organizations, civil society, and the labor force. <\/em><\/p>\n

Conclusions.<\/em><\/strong> The analysis demonstrates that inclusive development requires coordinated interaction among stakeholders and integrated governance mechanisms capable of balancing technological modernization with social inclusion. Based on this analysis, a comprehensive risk matrix reflecting economic, technological, institutional, social, educational, labor market, and geopolitical threats affecting the sustainability of inclusive development was created. The necessity of strengthening resilience mechanisms that ensure long-term competitiveness, technological adaptability, and equitable socioeconomic participation within contemporary national economies is justified.<\/em><\/p>\n

Keywords:<\/em><\/strong> economic development; inclusive development; human capital; intellectual capital.<\/em><\/p>\n

References<\/b>:<\/strong><\/p>\n

    \n
  1. Chaikin, O., & Usiuk, T. (2019). The imperatives of inclusive economic growth theory. Scientific Horizons<\/em>, 22(11), 3- https:\/\/doi.org\/10.33249\/2663-2144-2019-84-11-3-12<\/a>.<\/li>\n
  2. Gupta, J., Pouw, N., & Ros-Tonen, M. (2015). Towards an elaborated theory of inclusive development. European Journal of Development Research<\/em>, 27(4), 541- https:\/\/doi.org\/10.1057\/ejdr.2015.30<\/a>.<\/li>\n
  3. Saher, L., Tambovceva, T., & Mi\u015bkiewicz, R. (2021). Research progress and knowledge structure of inclusive growth: A bibliometric analysis. Virtual Economics<\/em>, 4(4). https:\/\/doi.org\/10.34021\/ve.2021.04.04(1)<\/a>.<\/li>\n
  4. Skrylnik, A., Skrylnyk, O., Kulakova, S., & Byba, V. (2018). Inclusive economic growth in Ukraine: The social aspect. International Journal of Engineering & Technology, <\/em>7(4), 608- https:\/\/doi.org\/10.14419\/ijet.v7i4.8.27315<\/a>.<\/li>\n
  5. J\u00fctting, J., & de Laiglesia, J. R. (2016). Employment, decent work and inclusive growth: Evidence from developing countries. International Labour Review<\/em>, 155(4), 447-472. https:\/\/doi.org\/10.1111\/ilr.12089<\/a>.<\/li>\n
  6. Morosoli, C., Draper, P., Freytag, A., & Schuhmann, S. (2024). Drivers of inclusive development: An empirical investigation. The European Journal of Development Research<\/em>, 36, 987- https:\/\/doi.org\/10.1057\/s41287-023-00619-4<\/a>.<\/li>\n
  7. Nginyu, G., Fonchamnyo, D., Epo, B., & Asongu, S. (2025). The effects of institutional quality and biocapacity on inclusive human development in Sub-Saharan Africa. Global Business Review<\/em>. https:\/\/doi.org\/10.1177\/19367244251327997<\/a>.<\/li>\n
  8. Alvino, F., Di Vaio, A., Hassan, R., & Palladino, R. (2021). Intellectual capital and sustainable development: A systematic literature review. Journal of Intellectual Capital, <\/em>22(1), 76- https:\/\/doi.org\/10.1108\/JIC-11-2019-0259<\/a>.<\/li>\n
  9. Herrera, M. (2016). Innovation for impact: Business innovation for inclusive growth. Journal of Business Research<\/em>, 69(5), 1725- https:\/\/doi.org\/10.1016\/j.jbusres.2015.10.045<\/a>.<\/li>\n
  10. Chaikin, O. (2024). Sustainable industry and innovations as the national economy inclusive development drivers. International Scientific Journal <\/em>\u00ab<\/em>Internauka<\/em>\u00bb<\/em>. Series: Economic Sciences<\/em>, 12. https:\/\/doi.org\/10.25313\/2520-2294-2024-12-10578<\/a>.<\/li>\n
  11. Schoneveld, G. (2020). Sustainable business models for inclusive growth: Towards a conceptual foundation of inclusive business. Journal of Cleaner Production<\/em>, 277, 124062. https:\/\/doi.org\/10.1016\/j.jclepro.2020.124062<\/a>.<\/li>\n
  12. Rusu, R., & Oprean-Stan, C. (2025). The Impact of Digitalisation and Sustainability on Inclusiveness: Inclusive Growth Determinants. Economies<\/em>. https:\/\/arxiv.org\/abs\/2501.07880<\/a>.<\/li>\n<\/ol>\n

    [\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]Received: 23 June 2026<\/strong><\/p>\n

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    Chaikin O. (2026). Economic Mechanisms for Sustaining Human and Intellectual Capital in Inclusive National Economic Development. Modern Economics, 57(2026), 244-251. DOI: https:\/\/doi.org\/10.31521\/modecon.V57(2026)-33.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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    [vc_row][vc_column][vc_column_text] JEL Classification: F63, O15 DOI: https:\/\/doi.org\/10.31521\/modecon.V57(2026)-33 [\/vc_column_text][vc_column_text]Chaikin\u00a0Oleksandr, Candidate of Economic Sciences, Doctoral Candidate, Polissia National University, Zhytomyr, Ukraine ORCID: 0000-0003-2985-0407 e-mail: chaikin.oleksandr@gmail.com Economic Mechanisms for Sustaining Human and Intellectual Capital in Inclusive National Economic Development Abstract. Introduction. The article examines economic mechanisms for sustaining human and intellectual capital within the framework of inclusive national
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