EFFECTS OF HUMAN CAPITAL ON THE GROWTH AND SURVIVAL OF SWEDISH BUSINESSES

Mikaela Backman, Todd Gabe and Charlotta Mellander

No 354, Working Paper Series in Economics and Institutions of Innovation from Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies

Abstract: This paper examines the effects of human capital on the growth and survival of a large sample of Swedish businesses. Human capital is represented by conventional measures of the educational attainment and experience of an establishment’s workers, and skills-based measures of the types of occupations present in the company. Controlling for an establishment’s size and age, as well as its industry and region of location, we find that the human capital embodied in a company’s workers significantly affects its performance. The specific effects, however, depend on how human capital is measured and whether the analysis focuses on growth or survival.

Keywords: Firm growth; firm survival; human capital; education; skills (search for similar items in EconPapers)
JEL-codes: J21 J24 L25 (search for similar items in EconPapers)
Pages: 26 pages
Date: 2014-03-25
New Economics Papers: this item is included in nep-bec, nep-cse, nep-ent, nep-ger, nep-hrm and nep-sbm
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://static.sys.kth.se/itm/wp/cesis/cesiswp354.pdf (application/pdf)

Related works:
Journal Article: Effects of Human Capital on the Growth and Survival of Swedish Businesses (2016)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hhs:cesisp:0354

Access Statistics for this paper

More papers in Working Paper Series in Economics and Institutions of Innovation from Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies CESIS - Centre of Excellence for Science and Innovation Studies, Royal Institute of Technology, SE-100 44 Stockholm, Sweden. Contact information at EDIRC.
Bibliographic data for series maintained by Vardan Hovsepyan ().