Interrelationships between human capital and social capital in small and medium sized firms: The effect of age and sector of activity

J. Augusto Felicio, Eduardo Couto and Jorge Caiado
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J. Augusto Felicio: School of Economics and Management (ISEG), Technical University of Lisbon
Eduardo Couto: School of Economics and Management (ISEG), Technical University of Lisbon

No 905, CEMAPRE Working Papers from Centre for Applied Mathematics and Economics (CEMAPRE), School of Economics and Management (ISEG), Technical University of Lisbon

Abstract: This study explores the interconnection between human factors and social factors and analyses the relations influenced by the specific activity and age of firms. A statistical approach is implemented which applies factor analysis techniques, based on a sample of small and medium sized firms from four sectors of activity which are between four and fifteen years old, and are split into three time periods. It is found that there are interconnected groups of human capital and social capital factors, although a sizeable proportion of the literature conceptually separates these factors and deals with them individually. It is also ascertained that this relationship is influenced by the field of activity and the age of the firms.

Keywords: Entrepreneurship; Factor analysis; Human capital; Management; Social capital (search for similar items in EconPapers)
JEL-codes: M10 (search for similar items in EconPapers)
Pages: 46 pages
Date: 2009-11
New Economics Papers: this item is included in nep-cse, nep-ent, nep-hrm, nep-knm, nep-sbm and nep-soc
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