Exploring nurtured company resilience through human capital and human resource development

Juan Manuel Menéndez Blanco and José-Luis Montes-Botella

International Journal of Manpower, 2017, vol. 38, issue 5, 661-674

Abstract: Purpose - The purpose of this paper is to evaluate the importance and contribution of human capital, combined with human resources and research and development (R&D) measures, to nurturing company resilience as new knowledge and human capital artifices to face challenges derived from globalization, competitiveness, and the knowledge-based economy. Design/methodology/approach - By means of structural equation modeling with latent variables, a new type of synthetic index is developed, with which the evolution and incidence of human capital structure, human resources development, and R&D in the company’s accumulated resiliency can be tested. Findings - The results indicate a remarkable contribution of human capital to company resilience (standardized path coefficient 0.8365;p

Keywords: Resilience; Productivity; Human capital; Research and development; Company survival; Structural equation modeling with latent variables (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:eme:ijmpps:ijm-11-2015-0196

DOI: 10.1108/IJM-11-2015-0196

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