Do Differences Make a Difference? The Impact of Human Capital Diversity, Experience and Compensation on Firm Performance in Engineering Consulting
Keld Laursen (),
Volker Mahnke and
Per Vejrup-Hansen
No 05-04, DRUID Working Papers from DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies
Abstract:
The paper investigates the relationship between human capital characteristics and firm performance in engineering consulting. Because general experience, firm-specific human capital and diversity carry specific costs and benefits we hypothesize curvilinear (taking inverted U-shapes) relations to firm performance. We find little effect of general experience and firm-specific human capital, but the findings give some support for the curvilinear relation between performance and human capital diversity.
Keywords: Educational diversity; human capital; firm performance (search for similar items in EconPapers)
JEL-codes: C31 D83 M5 (search for similar items in EconPapers)
Date: 2005
New Economics Papers: this item is included in nep-bec and nep-ent
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Citations: View citations in EconPapers (13)
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Persistent link: https://EconPapers.repec.org/RePEc:aal:abbswp:05-04
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